secwatch.observer — SEC 8-K summary
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Issuer:     Forward Industries, Inc. (FWDI)
CIK:        0000038264
Form:       8-K
Filed at:   2024-02-05T23:59:59+00:00
Accession:  0001683168-24-000680
Event type: other_material
Sentiment:  negative
Materiality: 0.80
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Forward Industries receives Nasdaq delisting notice for bid price noncompliance; will request hearing
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- Received delisting notice on Jan 30, 2024 for failing to regain compliance with minimum bid price of $1.00 by Jan 29, 2024.
- Company not eligible for second 180-day period due to noncompliance with minimum stockholders' equity initial listing requirement.
- Will request a hearing before Nasdaq Hearings Panel; hearing request automatically stays suspension or delisting.
- Panel may grant extension until July 29, 2024; no assurance of continued listing on Nasdaq.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/38264/000168316824000680/0001683168-24-000680-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/38264/000168316824000680/forward_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-24-000680

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