M&A - Forward Industries, Inc.

Form Type: PRE 14A

Filing Date: 2025-06-10

Corporate Action: Merger

Type: New

Accession Number: 000168316825004370

Filing Summary: Forward Industries, Inc. has filed a preliminary proxy statement for its 2025 Annual Meeting of Shareholders, scheduled to be held on August 8, 2025. The meeting will be virtual and will allow shareholders worldwide to participate via a live audio webcast. Key agenda items include the election of three board members, ratification of the appointment of the independent registered public accounting firm for fiscal year 2025, and a proposal for the company to change its state of incorporation from New York to Nevada through a merger with a wholly-owned Nevada subsidiary. Additionally, there are two proposals concerning the issuance of shares relating to equity agreements and preferred stock conversion, as well as a provision for adjournment of the meeting if necessary. Shareholders must vote their proxies to ensure representation at the meeting, and the record date for voting eligibility is set for June 18, 2025. The document emphasizes the importance of shareholder participation and provides various methods for voting, including online, by phone, and by mail.