Company: FWDI
Filing Date: 2025-11-03
Form Type: 424B5
Source: 0001683168-25-007923
Chunk: 34

Company: Forward Industries, Inc.
Filing Date: 2025-11-03
Form: 424B5
Chunk 34
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 reserve the sole right
to accept or reject in whole or in part any proposed purchase of the securities. The prospectus supplement, which we will provide each
time we offer the securities, will set forth the names of any underwriters, dealers or agents involved in the sale of the securities,
and any related fee, commission or discount arrangements. See “Plan of Distribution” beginning on page 37 of this
prospectus.

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This prospectus and the documents incorporated
by reference herein and therein contain estimates, projections, market research and other information concerning, among other things,
our industry, our business, and the digital asset ecosystems in which we operate. Unless otherwise expressly stated, we obtain this information
from reports, research surveys, studies and similar data prepared by market research firms and other third parties, industry, digital
asset and general publications, government data and similar sources as well as from our own internal estimates and research and from publications,
research, surveys and studies conducted by third parties on our behalf. We believe this information is accurate in all material respects
as of the date of this prospectus. Information that is based on estimates, projections, market research or similar methodologies is inherently
subject to uncertainties and actual events or circumstances may differ materially from events and circumstances that are reflected in
this information.

The prospectus supplement may also contain information
about any material U.S. federal income tax considerations relating to the securities covered by the prospectus supplement.

Unless the context requires otherwise, in this
prospectus, the terms “Forward Industries,” “Forward,” “Company,” “we,” “us”
and “our” refer to Forward Industries, Inc. Unless otherwise stated or indicated by context, the phrase “this prospectus”
refers to the prospectus and any applicable prospectus supplement.

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<div align='center'>WHERE
YOU CAN FIND MORE INFORMATION</div>

As required by the Securities Act, we filed an
automatic registration statement on Form S-3 relating to the securities offered by this prospectus with the SEC. This prospectus
is a part of that registration statement, which includes additional information.

We are subject to the reporting requirements of
the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and are required to file with the SEC annual,
quarterly and current reports, proxy statements and other information. Such reports include our audited financial statements. Our publicly
available filings can be found on the SEC’s website at www.sec.gov. Our filings