Company: FWDI
Filing Date: 2025-09-11
Form Type: 424B5
Source: 0001683168-25-006851
Chunk: 2

Company: Forward Industries, Inc.
Filing Date: 2025-09-11
Form: 424B5
Chunk 2
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 decision.
This prospectus supplement may add, update or change information contained in the accompanying base prospectus. To the extent there is
a conflict between the information contained in this prospectus supplement, on the one hand, and the information contained in the accompanying
base prospectus or any document incorporated by reference therein filed prior to the date of this prospectus supplement, on the other
hand, you should rely on the information in this prospectus supplement. If any statement in one of these documents is inconsistent with
a statement in another document having a later date — for example, a document filed after the date of this prospectus supplement
and incorporated by reference in this prospectus supplement and the accompanying base prospectus — the statement in the document
having the later date modifies or supersedes the earlier statement.

You should rely only on the information
contained or incorporated by reference in this prospectus supplement, the accompanying base prospectus and in any free writing prospectuses
we may provide to you in connection with this offering. We have not authorized any other person to provide you with any information that
is different. If anyone provides you with different or inconsistent information, you should not rely on it. We are offering to sell, and
seeking offers to buy, shares of our Common Stock only in jurisdictions where offers and sales are permitted. The distribution of this
prospectus supplement and the offering of the Common Stock in certain jurisdictions may be restricted by law. Persons outside the United
States who come into possession of this prospectus supplement must inform themselves about, and observe any restrictions relating to,
the offering of the Common Stock and the distribution of this prospectus supplement outside the United States. This prospectus supplement
does not constitute, and may not be used in connection with, an offer to sell, or a solicitation of an offer to buy, any securities offered
by this prospectus supplement by any person in any jurisdiction in which it is unlawful for such person to make such an offer or solicitation.

We further note that the representations,
warranties and covenants made by us in any agreement that is filed as an exhibit to any document that is incorporated by reference in
the accompanying base prospectus were made solely for the benefit of the parties to such agreement, including, in some cases, for the
purpose of allocating risk among the parties to such agreements, and should not be deemed to be a representation, warranty or covenant
to you. Moreover, such representations, warranties or covenants were accurate only as of