Forward Industries filings document the company’s public-company transition under the FWDI trading symbol, its common stock listing on the Nasdaq Capital Market, and corporate actions connected to its Solana treasury strategy. Recent 8-K reports cover resale prospectus supplements under an effective Form S-3, stock repurchase activity, unregistered equity issuances, executive officer changes, director and officer equity compensation, and annual-meeting outcomes.
Proxy materials describe board elections, compensation matters, shareholder voting items, equity incentive plan matters, and governance disclosures. The filing record also reflects changes in jurisdiction and corporate address information, along with formal securities-law disclosures for registered and resale shares of common stock.
Schedule 13G highlights: C/M Capital Master Fund, LP, its investment manager C/M Capital Partners, LP, and principals Thomas Walsh and Jonathan Juchno disclosed a 114,975-share position in Forward Industries (FORD) as of 24 Jul 2025.
The holding equals 9.3 % of the 1,242,473 shares outstanding (figure includes 116,475 shares issued to the fund on 24 Jul 2025). All reporting persons share voting and dispositive power; none have sole authority.
Filers certified the stake is passive—not intended to influence control— and no additional agreements or transactions were revealed.
Forward Industries, Inc. (NASDAQ: FORD) has released its 2025 Definitive Proxy Statement (DEF 14A) for the virtual Annual Meeting scheduled on August 8, 2025. The document outlines eight proposals that shareholders of record on June 18, 2025 (1,125,998 common shares outstanding) will vote on.
Key Proposals:
- Proposal 1 – Election of three directors.
- Proposal 2 – Ratification of the independent registered public accounting firm for FY 2025.
- Proposal 3 – Reincorporation from New York to Nevada via a merger with a wholly-owned Nevada subsidiary (see Annex A).
- Proposal 4 – Nasdaq 20 % Issuance Proposal (ELOC): Approval to issue common shares above the 20 % threshold pursuant to a May 16 2025 equity line of credit agreement with C/M Capital Master Fund, LP.
- Proposal 5 – Nasdaq 20 % Issuance Proposal (Series B): Approval to issue shares upon conversion of Series B Preferred Stock and related warrants sold on May 23 2025 to two investors, again above the 20 % cap.
- Proposal 6 – 2021 Equity Incentive Plan Amendment: Increase share reserve by 300,000 to a total of 429,100 shares.
- Proposal 7 – Possible adjournment to solicit additional proxies if needed.
- Proposal 8 – Other business that may properly come before the meeting.
The meeting will be virtual-only via www.virtualshareholdermeeting.com/FWD2025; shareholders can vote in advance online, by phone, by mail, or during the webcast using their 16-digit control number.
Capital Structure Implications: Proposals 4, 5, and 6 collectively authorize a significant increase in share issuances, potentially diluting existing holders. The equity line of credit provides flexible access to capital, while the Series B conversion rights and the enlarged option pool expand financing and compensation tools.
Governance & Administrative Items: Reincorporation could align the company with Nevada’s more company-friendly statutes. No filing fee is required for this proxy, and the board recommends shareholders vote via Internet, telephone, mail, or during the meeting to ensure quorum.
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.