Company: FWDI
Filing Date: 2025-06-17
Form Type: S-3/A
Source: 0001683168-25-004558
Chunk: 3

Company: Forward Industries, Inc.
Filing Date: 2025-06-17
Form: S-3/A
Chunk 3
---
 filed pursuant
to General Instruction I.B.1. of Form S-3.

On June 9, 2025, the last
reported sales price of our common stock on The Nasdaq Capital Market was $6.47 per share.

Investing in our securities involves risks. You should carefully read and consider the “ Risk Factors” section included in our most recent Annual Report on Form 10-K and on page 2 of this prospectus and in the applicable prospectus supplement before investing in our securities.

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined whether this prospectus is truthful or complete. Any representation to the contrary is a criminal offense.

<div align='center'>The date of this prospectus is _________, 2025</div>

<div align='center'>TABLE OF CONTENTS</div>

|                                                                  | Page |
| PROSPECTUS SUMMARY                                               |    1 |
| CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS             |    2 |
| RISK FACTORS                                                     |    2 |
| USE OF PROCEEDS                                                  |    2 |
| DESCRIPTION OF CAPITAL STOCK                                     |    3 |
| DESCRIPTION OF WARRANTS                                          |    5 |
| DESCRIPTION OF UNITS                                             |    6 |
| CERTAIN PROVISIONS OF NEW YORK LAW AND OF OUR CHARTER AND BYLAWS |    7 |
| PLAN OF DISTRIBUTION                                             |    8 |
| LEGAL MATTERS                                                    |   10 |
| EXPERTS                                                          |   10 |
| INCORPORATION OF CERTAIN INFORMATION BY REFERENCE                |   11 |

You should rely only on information contained in this prospectus. We have not authorized anyone to provide you with information that is different from that contained in this prospectus. We are not offering to sell or seeking offers to buy shares of common stock or other securities in jurisdictions where offers and sales are not permitted. The information contained in this prospectus is accurate only as of the date of this prospectus, regardless of the time of delivery of this prospectus or of any sale of our common stock or other securities. We are responsible for updating this prospectus to ensure that all material information is included and will update this prospectus to the extent required by law.

| i |

<div align='center'>PROSPECTUS SUMMARY</div>

This summary only highlights
the more detailed information appearing elsewhere in this prospectus or incorporated by reference in this prospect