{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-25-002064","form_type":"8-K","ticker":"FWDI","cik":"0000038264","company_name":"Forward Industries, Inc.","filed_at":"2025-03-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.002751+00:00","generated_at":"2026-05-24T02:38:17.726843+00:00","sec_items":["8.01"],"event_type":"regulatory","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Forward Industries converts $2.5M debt to preferred stock to regain Nasdaq equity compliance","bullets":["On March 20, 2025, converted $2.5M payables from CEO-owned entity into 2,500 shares of Series A-1 Convertible Preferred Stock to boost stockholders' equity.","Nasdaq notified the company on Feb 21, 2025 of non-compliance with $2.5M stockholders' equity rule; hearing was requested.","Company believes equity now exceeds $2.5M but awaits Nasdaq formal confirmation; continued monitoring may follow.","Failure to maintain compliance in next periodic filing could lead to delisting from Nasdaq."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-25-002064","json":"https://secwatch.observer/filing/0001683168-25-002064.json","markdown":"https://secwatch.observer/filing/0001683168-25-002064.md","text":"https://secwatch.observer/filing/0001683168-25-002064.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/38264/000168316825002064/0001683168-25-002064-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/38264/000168316825002064/forward_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T02:38:17.726843+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}