other
confidence high
sentiment neutral
materiality 0.20
Forward Industries reduces shareholder quorum threshold from majority to 33.3%
Forward Industries, Inc.
- Board approved lowering the quorum for shareholder meetings from a majority to 33.3% of outstanding voting shares.
- Amendment to Article II, Section 205 of the Third Amended and Restated Bylaws, effective June 16, 2025.
- The change applies to all future shareholder meetings; no change to voting thresholds for approval of matters.
- Ticker FORD; stock trades on the Nasdaq Capital Market.
item 5.03item 9.01