{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-23-005294","form_type":"8-K","ticker":"FWDI","cik":"0000038264","company_name":"Forward Industries, Inc.","filed_at":"2023-08-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.340239+00:00","generated_at":"2026-06-12T06:35:57.242825+00:00","sec_items":["3.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Forward Industries receives Nasdaq bid-price deficiency notice; 180-day cure period","bullets":["Nasdaq letter on July 31, 2023: common stock failed to maintain $1.00 minimum bid for 30 consecutive days.","Company has 180-day grace period through January 29, 2024 to regain compliance.","To cure, closing bid must be $1.00+ for 10 consecutive days; potential additional 180-day extension available.","No immediate impact on listing; company assessing options to maintain Nasdaq listing."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-23-005294","json":"https://secwatch.observer/filing/0001683168-23-005294.json","markdown":"https://secwatch.observer/filing/0001683168-23-005294.md","text":"https://secwatch.observer/filing/0001683168-23-005294.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/38264/000168316823005294/0001683168-23-005294-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/38264/000168316823005294/forward_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T06:35:57.242825+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5539593da962f0556c5a0945941593aeec30e581","claim":"Forward Industries, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).","evidence_excerpt":"July 31, 2023, Forward Industries, Inc. (the “Company”) received a letter from the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company of its noncompliance with Nasdaq Listing Rule 5550(a)(2) (the “Rule”) by failing to maintain a minimum bid price for its common stock of at least $1.00 per share for 30 consecutive business days. According to the letter, the Company has a 180-calendar day grace period to regain compliance with the Rule (the “Grace Period”), subject to a potential 180 calendar day extension, as described below. To regain compliance, the Company’s common stock must have a mi","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/38264/000168316823005294/0001683168-23-005294-index.htm","confidence":0.9,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"deficiency notice"},{"label":"Deficiency","value":"minimum bid price"},{"label":"Rules","value":"5550(a)(2)"}],"fact_type":"exchange_compliance_notice"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}