Forward Industries, Inc. (FWDI) Form 8-K — Sep 24, 2026
$FWDIForm 8-KItems 1.01, 7.01, 8.01, 9.01Filed Sep 24, 2026, 4:05 PM ET0001683168-26-007389Original filing
Forward Industries closed a $25 million registered direct offering on September 24, 2026, selling 3,125,000 shares of common stock at $8.00 per share to an institutional investor off its S-3 shelf. The Company retained A.G.P./Alliance Global Partners as exclusive placement agent, paying a 5% cash fee on gross proceeds plus up to $50,000 in legal expense reimbursement. The company also agreed to a 15-day standstill on new issuances following closing.
Key figures
- Gross Proceeds
- 25000000
- Offering Price
- 8
- Shares Offered
- 3125000
- Shares Outstanding
- 76288215
- Lockup days
- 15
- Placement agent fee pct
- 5
- Shares outstanding pre offering
- 73163215
- Placement agent expense reimbursement cap
- 50000
AI analysis
Red flags3 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.