Company: FWDI
Filing Date: 2025-08-06
Form Type: PRE 14A
Source: 0001683168-25-005714
Chunk: 2

Company: Forward Industries, Inc.
Filing Date: 2025-08-06
Form: PRE 14A
Chunk 2
---
 Internet, by telephone,
or by using the enclosed proxy card.

We appreciate your continued confidence in our Company and look forward to your joining us virtually on September 4, 2025.

/s/ Michael Pruitt

Michael Pruitt

Interim Chief Executive
Officer

Dated: August [●], 2025

Important Notice Regarding the Availability of Proxy Materials for the Special Meeting of Shareholders to Be Held on September 4, 2025: This Proxy Statement is available free of charge at: https://www.proxyvote.com

<div align='center'>REVIEW THE PROXY STATEMENT AND VOTE IN FOUR WAYS:</div>

| VIA THE INTERNET IN ADVANCE                     
 Visit www.proxyvote.com.                        |     | BY MAIL                                        
 Sign, date, and return the enclosed proxy card 
 or voting instruction form.                    |
| BY TELEPHONE                                    
 Call the telephone number on your proxy card or 
 voting instruction form.                        |     | AT THE MEETING                                 
 Attend the Special Meeting virtually. See page 
 1 for additional details on how to attend.     |

We urge you to vote your shares at your earliest convenience. This will ensure the presence of a quorum at the meeting. Promptly voting your shares via the Internet, by phone or by signing, dating, and returning the enclosed proxy card will save us the expenses and extra work of additional solicitation. An addressed envelope for which no postage is required if mailed in the United States is enclosed if you wish to vote by mail. Submitting your proxy now will not prevent you from voting your shares at the meeting if you desire to do so, as your proxy is revocable at your option. Your vote is important, so please act today!

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

| Questions and Answers Regarding the Special Meeting of Shareholders |  1 |
| PROPOSAL 1. INCREASE IN AUTHORIZED SHARES                           |  6 |
| PROPOSAL 2. NASDAQ 20% ISSUANCE PROPOSAL SERIES A-1                 |  8 |
| PROPOSAL 3. ADJOURNMENT                                             |  9 |
| OWNERSHIP OF OUR STOCK                                              | 10 |
| OTHER MATTERS                                                       | 12 |

| i |

<div align='center'>Forward Industries, Inc.

700 Veterans Memorial Highway, Suite 100

Hauppauge, New York 11788

(631) 547-3041

NOTICE OF SPECIAL MEETING