other_material
confidence high
sentiment neutral
materiality 0.50
Forward Industries raises ~$2.23M in registered direct offering of 263,243 shares at $8.50/share
Forward Industries, Inc.
- Sold 263,243 shares at $8.50 per share to six investors; gross proceeds ~$2.23 million.
- No underwriter or placement agent; closing expected on or about August 11, 2025.
- Shares offered under effective shelf registration statement (File No. 333-287907).
- Proceeds not specified; use will be described in a prospectus supplement filed by August 12, 2025.
item 1.01item 9.01