Company: FWDI
Filing Date: 2025-11-14
Form Type: 424B5
Source: 0001683168-25-008451
Chunk: 27

Company: Forward Industries, Inc.
Filing Date: 2025-11-14
Form: 424B5
Chunk 27
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 read carefully both this prospectus and any prospectus supplement together with the documents
incorporated by reference into this prospectus as described below under the heading “Incorporation by Reference.”

The registration statement that contains this
prospectus, including the exhibits to the registration statement and the information incorporated by reference, provides additional information
about us and our securities. That registration statement can be found on the SEC’s website at www.sec.gov.

You should rely only on the information provided
in the registration statement, this prospectus, and any accompanying prospectus supplement, including the information incorporated by
reference. We have not authorized anyone to provide you with different information. You should not assume that the information in this
prospectus or any supplement to this prospectus is accurate at any date other than the date indicated on the cover page of these documents.
We are not making an offer to sell the securities in any jurisdiction where the offer or sale is not permitted.

We have not authorized any dealer, agent or other
person to give any information or to make any representation other than those contained or incorporated by reference in this prospectus
and any accompanying prospectus supplement. We take no responsibility for and can provide no assurance as to the reliability of any other
information that others may give you.

We may sell the securities to or through underwriters,
dealers or agents or directly to purchasers. The securities may be sold for U.S. dollars, foreign-denominated currency, currency units
or composite currencies. Amounts payable with respect to any securities may be payable in U.S. dollars or foreign-denominated currency,
currency units or composite currencies as specified in the applicable prospectus supplement. We and our agents 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,