FWDI ▼ -5.7% - Forward Industries, Inc. $FWDI - UPDATE: Forward Industries Announces $25 Million Registered Direct Offering with Institutional Investor Forward Industries announced a $25 million registered direct offering to an institutional investor, which typically dilutes existing shareholders' ownership stakes and can pressure the stock price in the near term. The 5.7% decline reflects investor concern about the dilutive effects of the equity issuance, a common market reaction to direct offerings announced outside of regular trading channels. 23-SEP-2026 08:50 AM ET