Company: FWDI
Filing Date: 2025-09-17
Form Type: S-3ASR
Source: 0001683168-25-007043
Chunk: 1

Company: Forward Industries, Inc.
Filing Date: 2025-09-17
Form: S-3ASR
Chunk 1
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 Securities Act registration statement number of the earlier effective registration statement for the same offering. ☐

If this Form is a registration statement pursuant to General Instruction I.D. or a post-effective amendment thereto that shall become effective upon filing with the Commission pursuant to Rule 462(e) under the Securities Act, check the following box. ☒

If this Form is a post-effective amendment to a registration statement filed pursuant to General Instruction I.D. filed to register additional securities or additional classes of securities pursuant to Rule 413(b) under the Securities Act, check the following box. ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

| Large accelerated filer | ☐ | Accelerated 
 filer       | ☐ | Non-accelerated 
 filer           | ☒ | Smaller           
 Reporting Company | ☒ |
|                         |   |             |   |                 |   | Emerging          
 growth company    | ☐ |

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of Securities Act. ☐

<div align='center'>EXPLANATORY NOTE</div>

This registration statement contains two prospectuses:

| · | a base prospectus which covers the offer and sale from time to time of shares of our common stock, shares                             
 of our preferred stock, depositary shares, warrants, subscription rights, purchase contracts or units, or any combination thereof, in 
 one or more offerings in amounts, at prices and on terms that we determine at the time of the offering; and                           |

| · | an “at the market offering” prospectus covering the offering, issuance and sale by the registrant                                         
 of up to $4 billion of the registrant’s common stock that may be issued and sold from time to time under the Controlled Equity OfferingSM 
 Sales Agreement (the “Sales Agreement”), dated September 16, 2025, with Cantor Fitzgerald & Co.                                           |

The base prospectus immediately follows this explanatory
note. The specific terms of any securities