---
schema_version: "secwatch.filing_event.v1"
accession: "0000950157-23-001086"
form_type: "8-K"
ticker: "FWRD"
cik: "0000912728"
company_name: "FORWARD AIR CORP"
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T09:26:37.520258+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Forward Air says Omni deal unlikely to close; considering termination

## Summary
- Court dissolved TRO sought by shareholders to block the Omni merger.
- Forward asserts Omni failed to comply with Sections 7.03 and 7.14 of the merger agreement.
- Forward believes closing condition under Section 8.02(b) won't be satisfied, so it won't close.
- Forward considering terminating the agreement and withdrew 2024 adjusted EBITDA target.

## SEC filing metadata
- accession: 0000950157-23-001086
- form_type: 8-K
- ticker: FWRD
- cik: 0000912728
- company_name: FORWARD AIR CORP
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/912728/000095015723001086/0000950157-23-001086-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/912728/000095015723001086/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950157-23-001086
- JSON: https://secwatch.observer/filing/0000950157-23-001086.json
- Plain text: https://secwatch.observer/filing/0000950157-23-001086.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.