Forward Industries regains Nasdaq compliance; subject to panel monitor through July 2025

Forward Industries, Inc.

Received Nasdaq Compliance Notice on July 24, 2024, confirming regained compliance with Minimum Bid Price Rule ($1.00) and Stockholders' Equity Rule ($2.5M).
Company was previously non-compliant as disclosed in Forms 8-K filed Aug 2023, Feb 2024, and Feb 27, 2024.
Subject to mandatory panel monitor until July 24, 2025, per Nasdaq Listing Rule 5815(d)(4)(B).
Common stock (FORD) continues trading on The Nasdaq Capital Market.

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