UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM
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CURRENT REPORT
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Item 8.01 Other Events.
On April 19, 2024, Forward Industries, Inc. (the “Company”) was notified by the Nasdaq Hearings Panel (the “Panel”) that the Company’s request for an extension to meet Nasdaq’s Listing Rules 5550(a)(2) (the “1.00 Bid Price Rule”) and 5550(b)(1) (the “2.5M Stockholders’ Equity Rule”) was granted. The Company has until July 9, 2024 (the “Deadline”) to meet the $1.00 Bid Price Rule and the $2.5M Stockholders’ Equity Rule. There can be no assurance that the Company will ultimately regain compliance by the Deadline.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| FORWARD INDUSTRIES, INC. | |||
| Date: April 22, 2024 | By: | /s/ Kathleen Weisberg | |
| Name: Kathleen Weisberg | |||
| Title: Chief Financial Officer | |||
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