Company: FWDI
Filing Date: 2025-11-10
Form Type: 424B5
Source: 0001683168-25-008141
Chunk: 42

Company: Forward Industries, Inc.
Filing Date: 2025-11-10
Form: 424B5
Chunk 42
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 the U.S. Executive Branch, Congress and a number of U.S. federal and state agencies, including the Financial Crimes Enforcement
Network, the CFTC, the SEC, the Financial Industry Regulatory Authority, the Consumer Financial Protection Bureau, the Department of Justice,
the Department of Homeland Security, the Federal Bureau of Investigation, the Internal Revenue Service and state financial regulators,
have been examining the operations of digital asset networks, digital asset users and digital asset exchanges, with particular focus on
the extent to which digital assets can be used to violate state or federal laws, including to facilitate the laundering of proceeds of
illegal activities or the funding of criminal or terrorist enterprises, and the safety and soundness and consumer-protective safeguards
of exchanges or other service-providers that hold, transfer, trade or exchange digital assets for users. Many of these state and federal
agencies have issued consumer advisories regarding the risks posed by digital assets to investors. In addition, federal and state agencies,
and other countries have issued rules or guidance regarding the treatment of digital asset transactions and requirements for businesses
engaged in activities related to digital assets.

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Corporate Information

Our principal executive offices are located at
700 Veterans Memorial Highway, Suite 100, Hauppauge, NY 11788, and our telephone number is (631) 430-6576. Our website address is www.forwardindustries.com.
Our website and the information contained on, or that can be accessed through, our website is not part of this prospectus, any prospectus
supplement, or any registration statement, and is not incorporated by reference into this prospectus or any other filing with the SEC.

Recent Developments

Securities Purchase Agreement

On September 6, 2025, we entered into a securities
purchase agreement (the “Securities Purchase Agreement”) with certain accredited investors (the “Purchasers”)
pursuant to which we sold and issued to the Purchasers in a private placement (the “Private Placement”) an aggregate
of (i) 77,144,562 shares (the “Shares”) of common stock of the Company, par value $0.01 per share (the “Common Stock”), at an offering price of $18.50 and (ii) pre-funded warrants (the “Pre-Funded Warrants” and together
with the Shares, the “Securities”) to purchase 12,031,364 shares of Common Stock (the “Pre-Funded Warrant Shares”) with $18.