---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-24-000973"
form_type: "8-K"
ticker: "FWDI"
cik: "0000038264"
company_name: "Forward Industries, Inc."
filed_at: "2024-02-14T23:59:59+00:00"
generated_at: "2026-06-06T02:45:36.676504+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Forward Industries shareholders authorize reverse stock split (1:2-1:3) at annual meeting

## Summary
- All three director nominees elected: Terence Wise (4,998,592 for), Sangita Shah (4,581,623 for), Sharon Hrynkow (4,996,182 for); Shah had 441,570 withheld.
- Ratification of Marcum LLP as independent auditor for FY2024 approved (6,527,096 for).
- Amendment to authorize reverse stock split at ratio from 1-for-2 to 1-for-3 approved (6,366,704 for).
- Adjournment proposal declared moot as sufficient votes existed for other proposals.

## SEC filing metadata
- accession: 0001683168-24-000973
- form_type: 8-K
- ticker: FWDI
- cik: 0000038264
- company_name: Forward Industries, Inc.
- filed_at: 2024-02-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/38264/000168316824000973/0001683168-24-000973-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/38264/000168316824000973/forward_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-24-000973
- JSON: https://secwatch.observer/filing/0001683168-24-000973.json
- Plain text: https://secwatch.observer/filing/0001683168-24-000973.txt

## Key facts
- Shareholder Votes
  Forward Industries, Inc. shareholders approved To ratify the appointment of the Company’s independent registered public accounting firm for fiscal year 2024 at the 2024-02-06 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2024-02-06
  source text: (2) To ratify the appointment of the Company’s independent registered public accounting firm for fiscal year 2024 6,527,096 9,250 * 74,872 *
  evidence_url: https://www.sec.gov/Archives/edgar/data/38264/000168316824000973/0001683168-24-000973-index.htm
- Shareholder Votes
  Forward Industries, Inc. shareholders approved To approve an amendment to the Company’s Restated Certificate of Incorporation to authorize a reverse split of all outstanding shares of the Company’s common stock at a ratio to be determined by the Board in the range of 1-for-2 through 1-for-3 at the 2024-02-06 meeting.
  - Proposal: reverse split
  - Outcome: passed
  - Meeting: 2024-02-06
  source text: (3) To approve an amendment to the Company’s Restated Certificate of Incorporation to authorize a reverse split of all outstanding shares of the Company’s common stock at a ratio to be determined by the Board in the range of 1-for-2 through 1-for-3 6,366,704 240,461 * 4,053 *
  evidence_url: https://www.sec.gov/Archives/edgar/data/38264/000168316824000973/0001683168-24-000973-index.htm
- Shareholder Votes
  Forward Industries, Inc. shareholders approved Election of directors at the 2024-02-06 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2024-02-06
  source text: Proposal For Against Withheld Abstain Broker Non-Votes (1) To elect the following directors: Terence Wise 4,998,592 * 24,601 * 1,588,025 Sangita Shah 4,581,623 * 441,570 * 1,588,025 Sharon Hrynkow 4,996,182 * 27,011 * 1,588,025
  evidence_url: https://www.sec.gov/Archives/edgar/data/38264/000168316824000973/0001683168-24-000973-index.htm

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