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Forward Industries Amends Quorum Requirement in Bylaws

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Forward Industries Amends Quorum Requirement in Bylaws

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Forward Industries ( (FORD) ) has issued an update.

On June 16, 2025, Forward Industries, Inc. amended its bylaws to change the quorum requirement for shareholder meetings. The new amendment lowers the quorum from a majority to thirty-three and one third percent of outstanding shares, potentially impacting how business decisions are made at shareholder meetings.

Spark’s Take on FORD Stock

According to Spark, TipRanks’ AI Analyst, FORD is a Neutral.

The overall stock score for Forward Industries is primarily impacted by its weak financial performance and valuation. The company’s declining revenues, negative profitability margins, and high debt levels are major concerns. Additionally, the lack of a clear trend in technical analysis and negative P/E ratio contribute to the low score.

To see Spark’s full report on FORD stock, click here.

More about Forward Industries

Average Trading Volume: 38,486

Technical Sentiment Signal: Buy

Current Market Cap: $7.14M

Learn more about FORD stock on TipRanks’ Stock Analysis page.

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