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      <amendmentNo>1</amendmentNo>
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      <dateOfEvent>03/03/2026</dateOfEvent>
      <previouslyFiledFlag>false</previouslyFiledFlag>
      <issuerInfo>
        <issuerCIK>0000038264</issuerCIK>
        <issuerCUSIP>349862409</issuerCUSIP>
        <issuerName>Forward Industries, Inc.</issuerName>
        <address>
          <com:street1>700 Veterans Memorial Hwy., Suite 100</com:street1>
          <com:city>Hauppauge</com:city>
          <com:stateOrCountry>NY</com:stateOrCountry>
          <com:zipCode>11788</com:zipCode>
        </address>
      </issuerInfo>
      <authorizedPersons>
        <notificationInfo>
          <personName>Matthew Hinerfeld</personName>
          <personPhoneNum>(312) 205-8900</personPhoneNum>
          <personAddress>
            <com:street1>600 West Chicago Ave.</com:street1>
            <com:street2>Suite 600</com:street2>
            <com:city>Chicago</com:city>
            <com:stateOrCountry>IL</com:stateOrCountry>
            <com:zipCode>60654</com:zipCode>
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        <citizenshipOrOrganization>E9</citizenshipOrOrganization>
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        <reportingPersonName>DYSO TC, LLC</reportingPersonName>
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        <citizenshipOrOrganization>DE</citizenshipOrOrganization>
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        <typeOfReportingPerson>OO</typeOfReportingPerson>
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        <reportingPersonNoCIK>Y</reportingPersonNoCIK>
        <reportingPersonName>PXG, LLC</reportingPersonName>
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        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>DE</citizenshipOrOrganization>
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        <percentOfClass>9.6</percentOfClass>
        <typeOfReportingPerson>HC</typeOfReportingPerson>
        <typeOfReportingPerson>OO</typeOfReportingPerson>
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      <reportingPersonInfo>
        <reportingPersonNoCIK>Y</reportingPersonNoCIK>
        <reportingPersonName>William DiSomma</reportingPersonName>
        <fundType>AF</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>X1</citizenshipOrOrganization>
        <soleVotingPower>0.00</soleVotingPower>
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        <sharedDispositivePower>7947943.00</sharedDispositivePower>
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        <typeOfReportingPerson>HC</typeOfReportingPerson>
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      <reportingPersonInfo>
        <reportingPersonNoCIK>Y</reportingPersonNoCIK>
        <reportingPersonName>Paul Gurinas</reportingPersonName>
        <fundType>AF</fundType>
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        <citizenshipOrOrganization>X1</citizenshipOrOrganization>
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        <typeOfReportingPerson>HC</typeOfReportingPerson>
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    <items1To7>
      <item1>
        <securityTitle>Common Stock, par value $0.01 per share</securityTitle>
        <issuerName>Forward Industries, Inc.</issuerName>
        <issuerPrincipalAddress>
          <com:street1>700 Veterans Memorial Hwy., Suite 100</com:street1>
          <com:city>Hauppauge</com:city>
          <com:stateOrCountry>NY</com:stateOrCountry>
          <com:zipCode>11788</com:zipCode>
        </issuerPrincipalAddress>
        <commentText>The following constitutes Amendment No. 1 ("Amendment No. 1") to the Schedule 13D filed on September 18, 2025 with the Securities and Exchange Commission ("SEC") by the Reporting Persons identified above (the "Schedule 13D"). This Amendment No. 1 supplements the Schedule 13D as specifically set forth herein. The percentage beneficial ownership reported herein is calculated based upon 83,139,037 shares of the Issuer's common stock outstanding as of January 31, 2026, as reported in its Form 10-Q filed with the SEC on February 12, 2026.</commentText>
      </item1>
      <item6>
        <contractDescription>Item 6 is updated by adding a new paragraph at the end thereof stating:

On March 3, 2026, Saurabh Sharma was elected as a director by the shareholders of the Issuer. Mr. Sharma had previously served as a non-voting board observer as described in the preceding paragraph. Mr. Sharma is the Chief Investment Officer of Jump Crypto, which is the crypto division of Jump Trading Group, a research-driven quantitative trading firm.</contractDescription>
      </item6>
    </items1To7>
    <signatureInfo>
      <signaturePerson>
        <signatureReportingPerson>J Digital 6 Cayman Ltd.</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Samarth Haribhakti</signature>
          <title>Samarth Haribhakti, Director</title>
          <date>03/06/2026</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>J Digital 6 LLC</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Matthew Hinerfeld</signature>
          <title>Matthew Hinerfeld, Authorized Signatory</title>
          <date>03/06/2026</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>DYSO TC, LLC</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ William DiSomma</signature>
          <title>William DiSomma, Manager</title>
          <date>03/06/2026</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>PXG, LLC</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Paul Gurinas</signature>
          <title>Paul Gurinas, Manager</title>
          <date>03/06/2026</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>William DiSomma</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ William DiSomma</signature>
          <title>William DiSomma</title>
          <date>03/06/2026</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Paul Gurinas</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Paul Gurinas</signature>
          <title>Paul Gurinas</title>
          <date>03/06/2026</date>
        </signatureDetails>
      </signaturePerson>
    </signatureInfo>
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