Company: FWDI
Filing Date: 2025-11-10
Form Type: 424B5
Source: 0001683168-25-008141
Chunk: 33

Company: Forward Industries, Inc.
Filing Date: 2025-11-10
Form: 424B5
Chunk 33
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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, 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