UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
Date of Report (Date of earliest event
reported): August 25, 2015
Forward Industries, Inc.
|
(Exact name of registrant as specified in its
charter)
|
|
|
|
New York
|
000-6669
|
13-1950672
|
(State or other jurisdiction
of incorporation)
|
(Commission
File Number)
|
(IRS Employer
Identification No.)
|
|
|
|
477 Rosemary Ave. Ste. 219
West Palm Beach, FL
|
33401
|
(Address of principal executive offices)
|
(Zip Code)
|
Registrants telephone number, including area code:
(561)
465-0030
|
(Former name or former address, if changed since
last report.)
|
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):
☐ Written communications pursuant to Rule
425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule
14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant
to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant
to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item
3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or
Standard; Transfer of Listing.
As previously reported, on March 3, 2015, Forward
Industries, Inc. (the Company) received a written notification from the
NASDAQ Stock Market LLC (Nasdaq) indicating that the Companys common stock
had failed to maintain a minimum bid price of $1.00 over the previous 30
consecutive business days, as required by the Nasdaq Listing Rules.
On August 25, 2015, Nasdaq notified the Company that
it has determined that for the previous 10 consecutive business days, from
August 11, 2015 through August 24, 2015, the closing bid price of the Companys
common stock had been at $1.00 per share or greater. Accordingly, the Company has
regained compliance with the Nasdaq Listing Rules, and this matter is now
closed with Nasdaq.
Forward
Looking Statements
This Current Report on Form 8-K contains certain forward-looking
statements within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as amended,
that reflect the Companys current expectations and projections about its
future results, performance, prospects and opportunities. The Company has
tried to identify these forward-looking statements by using words such as may,
should, expect, hope, anticipate, believe, intend, plan, estimate
and similar expressions. These forward-looking statements are based on
information currently available to the Company and are subject to a number of
risks, uncertainties and other factors that could cause its actual results,
performance, prospects or opportunities to differ materially from those
expressed in, or implied by, these forward-looking statements. No assurance
can be given that the actual results will be consistent with the
forward-looking statements. Investors should read carefully the factors
described in the Risk Factors section of the Companys filings with the SEC,
including the Companys Form 10-K for the year ended September 30, 2014 for
information regarding risk factors that could affect the Companys results.
Except as otherwise required by Federal securities laws, the Company undertakes
no obligation to publicly update or revise any forward-looking statements,
whether as a result of new information, future events, changed circumstances or
any other reason.
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.
|
|
|
Dated: August 26, 2015
|
By:
|
/s/ Michael
Matte
|
|
|
Name:
|
Michael Matte
|
|
|
Title:
|
Chief Financial Officer
|