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    Forward Industries Inc. filed SEC Form 8-K: Leadership Update

    10/21/25 4:02:38 PM ET
    $FORD
    Plastic Products
    Industrials
    Get the next $FORD alert in real time by email
    Forward Industries, Inc. Form 8-K
    false 0000038264 0000038264 2025-10-16 2025-10-16 iso4217:USD xbrli:shares iso4217:USD xbrli:shares xbrli:pure

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

    ______________

     

    FORM 8-K

    ______________

     

    CURRENT REPORT

     

    Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

     

    Date of Report (Date of earliest event reported): October 16, 2025

     

    Forward Industries, Inc.

    (Exact name of registrant as specified in its charter)

     

    New York   001-34780   13-1950672
    (State or Other Jurisdiction   (Commission   (I.R.S. Employer
    of Incorporation)   File Number)   Identification No.)

     

    700 Veterans Memorial Hwy. Suite 100

    Hauppauge, New York 11788

    (Address of Principal Executive Office) (Zip Code)

     

    (631) 547-3055

    (Registrant’s telephone number, including area code)

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

     

    ☐

    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

     

    ☐

    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

     

    ☐

    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

     

    ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

     

    Securities registered pursuant to Section 12(b) of the Act:

    Title of each class Trading Symbol(s) Name of each exchange on which registered
    Common Stock, par value $0.01 per share FORD The NASDAQ Capital Market

     

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

    Emerging growth company ☐

     

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ 

     

       

     

     

    Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

     

    On October 16, 2025, Dr. Sharon Hrynkow, a member of the Board of Directors (the “Board”) of Forward Industries, Inc. (the “Company”), notified the Company of her decision to resign from the Board, effective immediately.  Dr. Hrynkow also resigned from all of her Board committee positions, including her membership on the Audit and Risk Committee, the Compensation Committee, the Nominating and Governance Committee, and the Science and Technology Committee, effective as of the same date. In connection with the resignation, the Company agreed to release Dr. Hrynkow from the lockup executed by the Company and Dr. Hrynkow in connection with the closing of the Company’s recent private placement. As of October 20, 2025, Dr. Hrynkow owned 1,486 shares of the Company’s common stock and 89,400 exercisable stock options. As of October 20, 2025, the Company had 86,457,465 shares of common stock outstanding.

     

    Dr. Hrynkow’s resignation did not result from any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.

     

     

     

     

     

     

     

     

     

     

     2 

     

     

    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: October 21, 2025 By: /s/ Kathleen Weisberg  
        Name: Kathleen Weisberg  
        Title: Chief Financial Officer  

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     3 

     

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