Forward Industries Files 8-K
Ticker: FWDI · Form: 8-K · Filed: Aug 11, 2025 · CIK: 38264
Sentiment: neutral
Topics: material-agreement, financials, corporate-filing
Related Tickers: FORWD
TL;DR
FORWD filed an 8-K on 8/11/25 for a material agreement and financials.
AI Summary
Forward Industries, Inc. filed an 8-K on August 11, 2025, reporting an entry into a material definitive agreement and financial statements. The filing details the company's corporate information, including its address in Hauppauge, New York, and its fiscal year end of September 30.
Why It Matters
This filing indicates a significant corporate event or financial update for Forward Industries, Inc., requiring disclosure to investors.
Risk Assessment
Risk Level: low — This is a routine corporate filing (8-K) that doesn't inherently signal new risks but rather provides updates.
Key Numbers
- 0930 — Fiscal Year End (Indicates the end of the company's financial reporting year.)
Key Players & Entities
- Forward Industries, Inc. (company) — Registrant
- August 11, 2025 (date) — Date of earliest event reported
- Hauppauge, New York (location) — Company business address
- 001-34780 (other) — SEC File Number
FAQ
What specific material definitive agreement was entered into by Forward Industries, Inc. on or before August 11, 2025?
The filing states 'Entry into a Material Definitive Agreement' as an item information, but the specific details of the agreement are not provided in the provided text.
What are the key details of the financial statements and exhibits filed with this 8-K?
The filing lists 'Financial Statements and Exhibits' as an item information, but the content of these statements and exhibits is not detailed in the provided text.
What is the primary business of Forward Industries, Inc. based on its SIC code?
Forward Industries, Inc. has a Standard Industrial Classification (SIC) code of 3089, which corresponds to 'PLASTICS PRODUCTS, NEC' (Not Elsewhere Classified).
When was Forward Industries, Inc. incorporated or jurisdiction of incorporation?
Forward Industries, Inc. is incorporated in New York.
What is the company's IRS Employer Identification Number (EIN)?
The company's EIN is 131950672.
Filing Stats: 605 words · 2 min read · ~2 pages · Grade level 10.4 · Accepted 2025-08-11 06:02:27
Key Financial Figures
- $0.01 — ch registered Common Stock, par value $0.01 per share FORD The NASDAQ Capital Mar
- $8.50 — hares of our common stock at a price of $8.50 per share. The aggregate gross proceeds
- $2,230,000 — fering are expected to be approximately $2,230,000. We expect to close the Offering on or
Filing Documents
- forward_8k.htm (8-K) — 29KB
- forward_ex1001.htm (EX-10.1) — 37KB
- 0001683168-25-005842.txt ( ) — 235KB
- ford-20250811.xsd (EX-101.SCH) — 3KB
- ford-20250811_lab.xml (EX-101.LAB) — 33KB
- ford-20250811_pre.xml (EX-101.PRE) — 22KB
- forward_8k_htm.xml (XML) — 3KB
01 Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement. On August 11, 2025, Forward Industries, Inc. (the "Company") entered into Subscription Agreements (the "Subscription Agreements") with six investors pursuant to which we agreed to issue and sell, in a registered direct offering (the "Offering"), an aggregate of 263,243 shares of our common stock at a price of $8.50 per share. The aggregate gross proceeds from the Offering are expected to be approximately $2,230,000. We expect to close the Offering on or about August 11, 2025, subject to the satisfaction of customary closing conditions contained in the Subscription Agreements. No underwriter or placement agent participated in the Offering. The shares of common stock were offered pursuant to a shelf registration statement (File No. 333-287907) which was declared effective by the United States Securities and Exchange Commission ("SEC") on June 20, 2025. A prospectus supplement relating to the Offering will be filed by August 12, 2025 with the SEC. When filed with the SEC, copies of the prospectus supplement and the accompanying base prospectus relating to the Offering may be obtained at the SEC's website at www.sec.gov. The foregoing description of the form of Subscription Agreements does not purport to be complete and is qualified in its entirety by reference to the form of Subscription Agreement, a copy of which is attached as Exhibit 10.1 hereto and is incorporated herein by reference.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. Exhibit Number Description 10.1 Form of Subscription Agreement – August 2025 – Registered Direct 104 Cover page interactive data file (embedded within the iXBRL document) 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FORWARD INDUSTRIES, INC. Date: August 11, 2025 By: /s/ Kathleen Weisberg Name: Kathleen Weisberg Title: Chief Financial Officer 3