Forward Industries signed a new deal to sell shares worth up to $4 billion.

Nov 10, 2026, 5:13 PM ETNew sharesRead the original at SEC EDGAR

Bad for FWDI

Forward Industries added Barclays to its share-selling agreement, creating another route for sales that could shrink existing owners' portions. No sale or larger cap is reported, and the mid-quarter update gives no figures here.

FWDI · Forward Industries, Inc.

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That gives the company another firm to help sell shares, which could increase the number of shares available and shrink current owners' portions. The filing reports no completed sale or increase to the earlier $4 billion limit. It describes a preliminary mid-quarter update but gives no figures from it here.

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