Every 8-K that Forward Industries Inc-N Y (FORD) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow FORD and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FORD filings page.
Forward Industries, Inc. disclosed that it has made an indicative, non-binding all-stock proposal to acquire the entire issued and to-be-issued share capital of Brera Holdings PLC (SLMT). The proposal, made on June 1, 2026, offers 1.54 newly issued Forward shares for each SLMT share, implying a value of $7.19 per SLMT share and a premium of about 30.7% to SLMT’s 10-day volume-weighted average price of $5.50. SLMT’s board rejected the approach on June 6, 2026, but Forward disagrees with that assessment and remains open to further discussions under the Irish Takeover Rules timetable, which requires it by July 21, 2026 to either announce a firm intention to make an offer or state that it does not intend to proceed. Forward also highlights its position as a Solana-focused treasury company with what it describes as the largest Solana treasury, and outlines significant outstanding equity instruments, including options, restricted stock units, and warrants alongside its common shares.
Forward Industries, Inc. filed a report describing new equity awards for its recently appointed Chief Financial Officer, Mark Brazier. On April 16, 2026, the board’s Compensation Committee approved grants of company equity to Mr. Brazier, with each award requiring his continued service through the applicable vesting dates. The same equity grants are also treated as an unregistered sale of equity securities for disclosure purposes.
Forward Industries, Inc. appointed Mark Brazier as Chief Financial Officer, effective April 13, 2026, replacing Kathleen Weisberg, who will remain with the company as Director of Financial Reporting. Brazier is 48 and has over 25 years of experience in digital assets and traditional finance.
He previously served as Chief Financial Officer and Head of Regulatory at XBTO Global from 2023 to 2025, and before that as Chief Financial Officer at Stablehouse, a digital asset custody and trading company. Under his offer letter, he will receive a $500,000 annual base salary, a $250,000 target annual bonus tied to performance conditions, and equity awards to be determined subject to Board approval.
Forward Industries, Inc. entered a Securities Repurchase Agreement to buy back 6,164,324 common shares for approximately $27.4 million from an institutional investor, reducing shares outstanding from 83,142,133 to 76,977,809. Management highlights this as increasing SOL-per-share and returning a large block of stock to treasury.
To fund the repurchase, the company executed a Master Digital Currency Loan Agreement with Galaxy Digital LLC, borrowing $40,000,000 at a weighted average annual interest rate of about 3.4% and a weighted average maturity of 4.9 months, secured by fwdSOL treasury holdings and subject to strict overcollateralization and margin call terms.
Forward reports SOL holdings rising to 7,013,536 and fully diluted shares declining to 105,894,207, increasing SOL-per-share from 0.0624 to 0.0662. The company also launched a cost reduction plan, forecasting SG&A (excluding stock-based compensation and design segment SG&A) to fall about 45% from $6.5 million in fiscal Q1 to an estimated $3.6 million by fiscal Q3 through lower fees and operational efficiencies.
Forward Industries, Inc. reported new director equity awards and an extension of its interim CEO’s contract. On March 10, 2026, the Board granted Sangita Shah, Keith Johnson, and Michael Pruitt each 100,000 five-year non-qualified stock options at an exercise price of $5.02 per share for Board service. Ms. Shah and Mr. Johnson also received 50,000 additional options each for Audit and Risk and Compensation Committee service. These options vest in four equal quarterly installments of 25%, beginning three months after grant, contingent on continued service. On March 13, 2026, the Company amended interim CEO Michael Pruitt’s Employment Agreement, extending its term to June 30, 2026, with automatic three-month renewals thereafter unless either party gives at least 30 days’ written notice of non-renewal.
Forward Industries, Inc. has completed a legal move of its incorporation from New York to Texas by merger, effective March 5, 2026. Each share of New York common stock automatically became one share of Texas common stock, and Nasdaq trading continues under the “FWDI” symbol.
The company states the reincorporation does not change its business, management, assets, liabilities, or contracts. Shareholders also approved an increase in the 2021 Equity Incentive Plan to 8,724,667 shares of common stock and elected five directors.
Subsequently, the board’s compensation committee granted stock options, restricted stock units, and performance stock units to senior executives, including sizable multi-year awards to the Chief Investment Officer and General Counsel, and options to the Chief Financial Officer, all subject to continued service and, for performance units, specified performance thresholds.
Forward Industries (FORD) filed an 8‑K noting it has filed a resale prospectus supplement under Rule 424(b)(5) tied to its effective Form S‑3. The supplement registers for resale certain shares of common stock that were previously issued in the Company’s September 2025 private placement. The filing also includes a legal opinion from Nason, Yeager, Gerson, Harris & Fumero, P.A. as Exhibit 5.1.
Forward Industries, Inc. filed a resale prospectus supplement under Rule 424(b)(5) on November 10, 2025, tied to its effective Form S-3 (File No. 333-290312). The supplement covers certain common shares that were previously issued in a September 2025 private placement. This administrative step allows holders to resell those shares using the registered shelf.
The company also filed a legal opinion from Nason, Yeager, Gerson, Harris & Fumero, P.A. as Exhibit 5.1, dated November 10, 2025.
Forward Industries announced a stock repurchase program authorizing buybacks of up to $1 billion of its common stock, to be conducted “from time to time” and expiring on September 30, 2027. Repurchases may occur via open market purchases, block trades, privately negotiated transactions (including accelerated share repurchase transactions), related derivative transactions, or under a Rule 10b5-1 trading plan. The program’s size and pace will be determined by management based on market conditions, regulatory requirements, and other corporate considerations, and it may be suspended or discontinued at any time.
The company also filed a resale prospectus supplement under its effective Form S-3 to register for resale certain shares previously issued or issuable under a September 2025 private placement.
Forward Industries (FORD) updated executive and board compensation and committee leadership. The Compensation Committee approved an employment agreement for interim CEO Michael Pruitt with a six-month term effective September 10, 2025 and a monthly base salary of $30,000. The Board set non-executive director compensation at $100,000 per year, payable in quarterly installments of $25,000; Chairman Kyle Samani will not receive this compensation. Sangita Shah was named Chair of the Compensation Committee and Keith Johnson Chair of the Audit and Risk Committee.
Forward Industries (FORD) reported a Board change. On October 16, 2025, Dr. Sharon Hrynkow resigned from the Board and all committee roles, effective immediately. In connection with her resignation, the Company agreed to release her from a lockup tied to a recent private placement. The Company stated her departure did not result from any disagreement regarding operations, policies, or practices.
As of October 20, 2025, Dr. Hrynkow held 1,486 shares of common stock and 89,400 exercisable stock options. Shares outstanding were 86,457,465 as of the same date.
Forward Industries, Inc. entered into a Waiver and Consent on October 10, 2025 with certain holders of its securities who collectively beneficially own at least 50.1% of the outstanding registrable securities covered by a prior Registration Rights Agreement dated September 6, 2025. The agreement waives compliance with the original filing date requirement in that Registration Rights Agreement and extends the deadline for Forward Industries to file the initial resale registration statement with the SEC to the 60th calendar day following the specified closing date. The Waiver and Consent and the underlying Registration Rights Agreement are attached as exhibits and incorporated by reference.
Forward Industries, Inc. entered into a Controlled Equity Offering Sales Agreement with Cantor Fitzgerald & Co., allowing it to offer and sell shares of its common stock, from time to time, having an aggregate sales price of up to $4 billion. Cantor will act as principal and/or sales agent and use commercially reasonable efforts to sell shares based on the company’s instructions, earning a 3.0% commission on gross proceeds from each sale. The company is not obligated to sell any shares, and it may suspend offers or terminate the agreement at any time. Any shares sold under this arrangement will be issued pursuant to Forward Industries’ automatic shelf registration statement on Form S-3, which includes an at-the-market offering prospectus. The company also highlights its use of SEC filings, press releases, its website, and its X account as key channels for disclosing material information.
Forward Industries, Inc. reported fiscal 2024 results showing a sharp operating loss and continued restructuring of its businesses. Revenue-related cost of sales fell to $5.18M from $7.14M, producing a gross profit decline of $1.95M (27.4%). The company recorded an operating loss of $2.15M in fiscal 2024 versus $61K the prior year and a basic loss per share of $1.97 versus $0.06. Several businesses (OEM and retail) are presented as discontinued operations. The balance sheet shows goodwill of $1.56M, intangible assets net of $680K, deferred tax assets and NOLs, and a related-party promissory note with a $600K balance that has been extended. The company amended sourcing terms with Forward China, including a reduced fixed fee of $35K/month and payment-term changes.
Forward Industries, Inc. reported that it has made substantial purchases of the Solana cryptocurrency. The company’s initial liquid Solana token (“SOL”) purchases totaled 6,822,000 tokens at an average price of $232 per SOL, for a total cost of approximately $1.58 billion. This information was disclosed as an other event, meaning the company is updating investors about this significant new asset position outside of its regular earnings cycle.
Forward Industries closed a large private placement to fund its new digital assets treasury strategy and reshaped its capital structure and governance. The company sold 77,144,562 shares of common stock at $18.50 per share and issued pre-funded warrants for up to 12,031,364 additional shares, receiving approximately $1.65 billion in gross proceeds. After these transactions and preferred stock conversions, it reports 83,233,878 common shares outstanding.
The company entered an asset management agreement with Galaxy Digital Capital Management to manage its cash, stablecoins, cryptocurrency and other investible assets, and a six‑month services agreement with Galaxy Digital LP to support the digital assets treasury business. It also terminated a prior $35 million equity line with C/M Capital and eliminated all Series A‑1 and Series B preferred stock through conversions into common shares.
Governance changes include appointing Interim CEO Michael Pruitt to the board and naming Pyahm (Kyle) Samani, Managing Partner of Multicoin Capital, as director and Chairman, both tied to the private placement and lead investor arrangements.
Forward Industries, Inc. entered into a private placement with accredited investors to sell 89,189,189 common shares (or pre-funded warrants) at $18.50 per share. The company plans to use the proceeds mainly to buy Solana tokens, build a cryptocurrency treasury and for working capital.
The deal includes pre-funded warrants with a token exercise price of $0.00001 per share and a 9.99% beneficial ownership cap. Investors, officers and directors are subject to staggered lock-ups, and the company must file a resale registration statement by October 10, 2025. Galaxy, Jump Crypto and Multicoin receive additional low‑priced warrants and bonus shares tied to the PIPE size. A prior Series B investor receives leak‑out protections and the right to buy up to $33,000,000 of stock at the same price.
Forward Industries announced several corporate actions affecting its capital structure, leadership at a subsidiary and executive compensation. The company converted 610 shares of Series A-1 Preferred Stock with a stated value of $610,000 into 81,333 shares of common stock at a conversion price of $7.50 per share, leaving 4,315 Series A-1 shares outstanding, all held by Forward Industries (Asia-Pacific) Corporation.
The company named Fred Sklenar as Chief Executive Officer and President of its wholly owned subsidiary Kablooe Inc., effective August 18, 2025, with an annual base salary of $175,000 and eligibility for a $50,000 performance bonus contingent on continued employment and performance milestones. Mr. Tom Kramer resigned from his Kablooe roles effective the same date. The Compensation Committee also approved an amendment increasing potential severance for CFO Kathleen Weisberg from six to eight months of base salary; the amendment is attached as Exhibit 10.1.
At the 2025 annual meeting there were 1,125,998 shares outstanding on the record date and 738,912 votes cast. All three director nominees were elected. Shareholders ratified the independent auditor and approved several Nasdaq-related equity issuance proposals and an increase of 300,000 shares to the 2021 Equity Incentive Plan, but did not approve the proposed change of state of incorporation to Nevada.
Forward Industries, Inc. completed a registered direct offering on August 11, 2025, selling 263,243 shares of common stock to six investors. The company filed the legal opinion of Nason, Yeager, Gerson, Harris & Fumero, P.A. as Exhibit 5.1, which the report states relates to the validity of the shares issued under the companys Form S-3 registration statement and prospectus materials.
Subsequent to the closing, the company reported 1,664,949 shares of common stock outstanding. The current report is limited to the offering closing, the legal opinion exhibit and the post-offering share count; the filing does not disclose offering price or gross proceeds.
Forward Industries, Inc. agreed to sell 263,243 shares of its common stock in a registered direct offering at a price of $8.50 per share, generating aggregate gross proceeds expected to be approximately $2,230,000. The company will issue the shares under an effective shelf registration and expects to close the offering subject to customary closing conditions. No underwriter or placement agent participated in the transaction.
This filing discloses the material terms of the Subscription Agreements and references a form of Subscription Agreement filed as an exhibit; a prospectus supplement related to the offering will be filed with the SEC.
Forward Industries, Inc. (NASDAQ: FORD) filed a Form 8-K dated June 16, 2025 announcing a governance change to its Third Amended and Restated Bylaws. The Board approved Amendment No. 1, revising Article II, Section 205 to reduce the shareholder meeting quorum requirement from a majority of outstanding shares to 33.3% of shares entitled to vote, present in person or by proxy. No other material items, financial data or transactions were disclosed. The amendment is provided as Exhibit 3.1; the filing also includes the Inline XBRL cover page (Exhibit 104). Signed by CFO Kathleen Weisberg on June 18, 2025.