Forward Industries announces $4B at-the-market equity offering program

Forward Industries (FORD) announced that it has filed an automatic shelf registration statement with the U.S. SEC which included an at-the-market equity offering prospectus covering the offer and sale of shares of its common stock having an aggregate sales price of up to $4B. Pursuant to the terms of the Sales Agreement, dated September 16, 2025, among Forward Industries and Cantor Fitzgerald & Co., sales of the ATM Shares, if any, under the ATM Program may be made in transactions deemed to be “at the market offerings” as defined in Rule 415(a)(4) promulgated under the Securities Act of 1933, as amended.