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<font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>
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<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">UNITED STATES</font></b></p>
<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b>
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">SECURITIES AND EXCHANGE COMMISSION</font></b></p>
<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b>
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Washington, D.C. 20549</font></b></p>
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<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">______________</font></b></p>
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<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b>
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">FORM 8-K</font></b></p>
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<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">______________</font></b></p>
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<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b>
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">CURRENT REPORT</font></b></p>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;">
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934</font></p>
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<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;">
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Date of Report (Date of earliest event reported):</font><b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"> September
28, 2018</font></b></p>
<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;">
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b>
<font color=black face="Times New Roman" lang=EN-US style="background:white;font-size:18.0pt;">Forward Industries, Inc.</font></b></p>
<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;">
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">(Exact name of registrant as specified in its charter)</font></p>
<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;">
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
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		<b><font face="Times New Roman" style="font-size:10.0pt;">New York</font></b></p>
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		<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
		<font face="Times New Roman" style="font-size:10.0pt;">&nbsp; </font>
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		<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;">
		<b>
		<font color=black face="Times New Roman" style="background:white;font-size:10.0pt;">001-34780</font></b></p>
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		<td valign=top width=5% style="padding:0in 0in 1.5pt 0in;">
		<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
		<font face="Times New Roman" style="font-size:10.0pt;">&nbsp; </font>
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		<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;">
		<b>
		<font color=black face="Times New Roman" style="background:white;font-size:10.0pt;">13-1950672</font></b></p>
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		<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;">
		<font face="Times New Roman" style="font-size:10.0pt;">(State or Other Jurisdiction</font></p>
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		<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
		<font face="Times New Roman" style="font-size:10.0pt;">&nbsp; </font>
		</p></td>
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		<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;">
		<font face="Times New Roman" style="font-size:10.0pt;">(Commission</font></p>
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		<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
		<font face="Times New Roman" style="font-size:10.0pt;">&nbsp; </font>
		</p></td>
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		<font face="Times New Roman" style="font-size:10.0pt;">(I.R.S. Employer</font></p>
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		<font face="Times New Roman" style="font-size:10.0pt;">of Incorporation)</font></p>
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		<font face="Times New Roman" style="font-size:10.0pt;">&nbsp; </font>
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		<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;">
		<font face="Times New Roman" style="font-size:10.0pt;">File Number)</font></p>
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		<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
		<font face="Times New Roman" style="font-size:10.0pt;">&nbsp; </font>
		</p></td>
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		<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;">
		<font face="Times New Roman" style="font-size:10.0pt;">Identification No.)</font></p>
		</td>
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</table>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
<p align=center style="background:white;margin:0in;margin-bottom:.0001pt;text-align:center;">
<b>
<font color=black face="Times New Roman" lang=EN-US style="font-size:10.0pt;">477 S. Rosemary
Ave.&nbsp;&nbsp;Ste. 219</font></b></p>
<p align=center style="background:white;margin:0in;margin-bottom:.0001pt;text-align:center;">
<b>
<font color=black face="Times New Roman" lang=EN-US style="font-size:10.0pt;">West Palm
Beach, Florida 33401</font></b></p>
<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;">
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&#160;&#160;(Address of Principal Executive Office) (Zip Code)</font></p>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b>
<u>
<font color=black face="Times New Roman" lang=EN-US style="background:white;font-size:10.0pt;">(561) 465-0030</font></u></b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">
</font></p>
<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;">
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">(Registrant&#8217;s telephone number, including area code)</font></p>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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:</font></p>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
<font face=wingdings lang=EN-US style="font-size:10.0pt;">o</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;&nbsp;
Written communications pursuant to Rule
425 under the Securities Act (17 CFR 230.425)</font></p>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"><br></font>
<font face=wingdings lang=EN-US style="font-size:10.0pt;">o</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;&nbsp;
Soliciting material pursuant to Rule 14a-12 under the
Exchange Act (17 CFR 240.14a-12)</font></p>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"><br></font>
<font face=wingdings lang=EN-US style="font-size:10.0pt;">o</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;&nbsp;
Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</font></p>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"><br></font>
<font face=wingdings lang=EN-US style="font-size:10.0pt;">o</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;&nbsp;
Pre-commencement communications pursuant to Rule
13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</font></p>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
<p style="background:white;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:6.0pt;">
<font color=black face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Indicate by check mark whether the registrant is an emerging
growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR
&#167;230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR
&#167;240.12b-2).</font><font color=black face="Times New Roman" lang=EN-US style="font-size:13.5pt;">&nbsp;</font></p>
<p align=center style="background:white;margin:0in;margin-bottom:.0001pt;text-align:center;">
<font color=black face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Emerging growth
company&nbsp;</font><font color=black face="segoe ui symbol,sans-serif" lang=EN-US style="font-size:10.0pt;">&#9744;</font></p>
<p style="background:white;margin:0in;margin-bottom:.0001pt;text-align:justify;">
<font color=black face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
<p style="background:white;margin:0in;margin-bottom:.0001pt;text-align:justify;">
<font color=black face="Times New Roman" lang=EN-US style="font-size:10.0pt;">If an emerging growth company, indicate by
check mark if the registrant has elected not to use the extended transition
period for complying with any new or revised financial accounting standards
provided pursuant to Section 13(a) of the Exchange Act.&nbsp;</font><font color=black face="segoe ui symbol,sans-serif" lang=EN-US style="font-size:10.0pt;">&#9744;</font></p>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
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<font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>
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	<hr align=center noshade size=4 width="100%"></div>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp; </font>
</p>
<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;">
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp; </font>
</p>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b>
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Item 2.03 Creation of a
Direct Financial Obligation or an Obligation under an Off-Balance Sheet
Arrangement of a Registrant.</font></b></p>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">On September 28, 2018,
Intelligent Product Solutions, Inc. (&#8220;IPS&#8221;), the wholly-owned subsidiary of
Forward Industries, Inc. (the &#8220;Company&#8221;) entered into a modification agreement
relating to its revolving line of credit (&#8220;Revolving Loan&#8221;) with TD Bank, N.A.
(the &#8220;Modification Agreement&#8221;).&nbsp; The Modification Agreement provides for:
(i) an increase in the availability under the Revolving Loan from $1,000,000 to
$1,300,000 and (ii) an extension of the Revolving Loan from September 30, 2018
until April 30, 2019.&nbsp; Additionally, in connection with the Modification
Agreement, the Company guaranteed the repayment of the Revolving Loan.&nbsp; As
previously disclosed, Revolving Loan </font>
<font color=black face="Times New Roman" lang=EN-US style="background:white;font-size:10.0pt;">is:
(i) secured by IPS&#8217; assets and (ii) bears an interest rate of the Wall Street
Journal Prime Rate plus 0.75%.&nbsp; As of the date of this Current Report on
Form 8-K, there was $950,000 available under the Revolving Loan. &#160;The proceeds
of Revolving Loan are being used for working capital.&#160; </font></p>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
<font color=black face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
<font color=black face="Times New Roman" lang=EN-US style="background:white;font-size:10.0pt;">The
foregoing description is qualified in its entirety by reference to the full
text of the Amended and Restated Revolving Term Note and Modification
Agreement, which have been filed as Exhibits 10.1 and 10.2, respectively, to
this Current Report on Form 8-K and are incorporated in this Form 8-K by
reference.</font></p>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
<font color=black face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b>
<font color=black face="Times New Roman" lang=EN-US style="background:white;font-size:10.0pt;">Item 9.01 Financial Statements and Exhibits.</font></b></p>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b>
<font color=black face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b>
<font color=black face="Times New Roman" lang=EN-US style="background:white;font-size:10.0pt;">Exhibit No.
</font></b><b>
<font color=black face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></b><b>
<font color=black face="Times New Roman" lang=EN-US style="background:white;font-size:10.0pt;">Description</font></b></p>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b>
<font color=black face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>
<table border="0" width="100%">
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		<td>
		<font color=black face="Times New Roman" lang=EN-US style="background:white;font-size:10.0pt;">10.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></td>
		<td>
		<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
		<font color=black face="Times New Roman" lang=EN-US style="background:white;font-size:10.0pt;">Amended and Restated Revolving Term Note dated September 28, 2018</font></p>
		</td>
	</tr>
	<tr>
		<td>&nbsp;</td>
		<td>
		<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
		<font color=black face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
		</td>
	</tr>
	<tr>
		<td>
		<font color=black face="Times New Roman" lang=EN-US style="background:white;font-size:10.0pt;">
		10.2</font></td>
		<td>
		<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
		<font color=black face="Times New Roman" lang=EN-US style="background:white;font-size:10.0pt;">Modification Agreement dated September 28, 2018</font></p>
		</td>
	</tr>
</table>
<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;">
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp; </font>
</p>
<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;">&nbsp;</p>
<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;">&nbsp;</p>
<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;">&nbsp;</p>
<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;">&nbsp;</p>
<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;">&nbsp;</p>
<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;">&nbsp;</p>
<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;">&nbsp;</p>
<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;">&nbsp;</p>
<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;">&nbsp;</p>
<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;">&nbsp;</p>
<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;">&nbsp;</p>
<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;">&nbsp;</p>
<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;">&nbsp;</p>
<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;">&nbsp;</p>
<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;">
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
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	<hr align=center noshade size=2 width="100%"></div>
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<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp; </font>
</p>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b>
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">SIGNATURES</font></b></p>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">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.</font></p>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
<table cellpadding=0 cellspacing=0 border=0 style="width:100%;">
	<tr>
		<td valign=top width=49% style="padding:0in 0in 0in 0in;">
		<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
		<font face="Times New Roman" style="font-size:10.0pt;">&nbsp; </font>
		</p></td>
		<td colspan=2 valign=top width=39% style="padding:0in 0in 0in 0in;">
		<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b>
		<font face="Times New Roman" style="font-size:10.0pt;">FORWARD INDUSTRIES, INC.</font></b></p>
		</td>
		<td valign=top width=12% style="padding:0in 0in 0in 0in;">
		<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
		<font face="Times New Roman" style="font-size:10.0pt;">&nbsp; </font>
		</p></td>
	</tr>
	<tr>
		<td valign=top width=49% style="padding:0in 0in 0in 0in;">
		<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
		<font face="Times New Roman" style="font-size:10.0pt;">&nbsp; </font>
		</p></td>
		<td valign=top width=3% style="padding:0in 0in 0in 0in;">
		<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
		<font face="Times New Roman" style="font-size:10.0pt;">&nbsp; </font>
		</p></td>
		<td valign=top width=36% style="padding:0in 0in 0in 0in;">
		<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
		<font face="Times New Roman" style="font-size:10.0pt;">&nbsp; </font>
		</p></td>
		<td valign=top width=12% style="padding:0in 0in 0in 0in;">
		<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
		<font face="Times New Roman" style="font-size:10.0pt;">&nbsp; </font>
		</p></td>
	</tr>
	<tr>
		<td valign=top width=49% style="padding:0in 0in 1.5pt 0in;">
		<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
		<font face="Times New Roman" style="font-size:10.0pt;">Date: October 1, 2018</font></p>
		</td>
		<td valign=top width=3% style="padding:0in 0in 1.5pt 0in;">
		<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
		<font face="Times New Roman" style="font-size:10.0pt;">By:</font></p>
		</td>
		<td valign=top width=36% style="border-bottom:solid black 1.5pt;padding:0in 0in 0in 0in;">
		<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
		<font face="Times New Roman" style="font-size:10.0pt;">/s/&nbsp;Michael Matte</font></p>
		</td>
		<td valign=top width=12% style="padding:0in 0in 1.5pt 0in;">
		<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
		<font face="Times New Roman" style="font-size:10.0pt;">&nbsp; </font>
		</p></td>
	</tr>
	<tr>
		<td valign=top width=49% style="padding:0in 0in 0in 0in;">
		<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
		<font face="Times New Roman" style="font-size:10.0pt;">&nbsp; </font>
		</p></td>
		<td valign=top width=3% style="padding:0in 0in 0in 0in;">
		<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
		<font face="Times New Roman" style="font-size:10.0pt;">&nbsp; </font>
		</p></td>
		<td valign=bottom width=36% style="padding:0in 0in 0in 0in;">
		<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
		<font face="Times New Roman" style="font-size:10.0pt;">Name: Michael Matte</font></p>
		</td>
		<td valign=top width=12% style="padding:0in 0in 0in 0in;">
		<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
		<font face="Times New Roman" style="font-size:10.0pt;">&nbsp; </font>
		</p></td>
	</tr>
	<tr>
		<td valign=top width=49% style="padding:0in 0in 0in 0in;">
		<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
		<font face="Times New Roman" style="font-size:10.0pt;">&nbsp; </font>
		</p></td>
		<td valign=top width=3% style="padding:0in 0in 0in 0in;">
		<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
		<font face="Times New Roman" style="font-size:10.0pt;">&nbsp; </font>
		</p></td>
		<td valign=top width=36% style="padding:0in 0in 0in 0in;">
		<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
		<font face="Times New Roman" style="font-size:10.0pt;">Title:&nbsp;&nbsp; Chief Financial
  Officer</font></p></td>
		<td valign=top width=12% style="padding:0in 0in 0in 0in;">
		<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
		<font face="Times New Roman" style="font-size:10.0pt;">&nbsp; </font>
		</p></td>
	</tr>
</table>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b>
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>

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{"company-data": {"conformed-name": "Forward Industries, Inc.", "cik": "0000038264", "assigned-sic": "3089", "irs-number": "131950672", "state-of-incorporation": "NY", "fiscal-year-end": "0930"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-34780", "film-number": "181101653"}, "business-address": {"street1": "477 ROSEMARY AVE.", "street2": "SUITE 219", "city": "WEST PALM BEACH", "state": "FL", "zip": "33401", "phone": "561-465-0071"}, "mail-address": {"street1": "477 ROSEMARY AVE.", "street2": "SUITE 219", "city": "WEST PALM BEACH", "state": "FL", "zip": "33401"}, "former-company": [{"former-conformed-name": "FORWARD INDUSTRIES INC", "date-changed": "19950105"}, {"former-conformed-name": "PROGRESS HEAT SEALING CO INC", "date-changed": "19721111"}]}
Prepared by EDGARX.com
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):
September
28, 2018
Forward Industries, Inc.
(Exact name of registrant as specified in its charter)
New York
001-34780
13-1950672
(State or Other Jurisdiction
(Commission
(I.R.S. Employer
of Incorporation)
File Number)
Identification No.)
477 S. Rosemary
Ave.  Ste. 219
West Palm
Beach, Florida 33401
(Address of Principal Executive Office) (Zip Code)
(561) 465-0030
(Registrant's telephone number, including area code)
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:
o
Written communications pursuant to Rule
425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12 under the
Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule
13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging
growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR
§230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR
§240.12b-2).
Emerging growth
company
☐
If an emerging growth company, indicate by
check mark if the registrant has elected not to use the extended transition
period for complying with any new or revised financial accounting standards
provided pursuant to Section 13(a) of the Exchange Act.
☐
Item 2.03 Creation of a
Direct Financial Obligation or an Obligation under an Off-Balance Sheet
Arrangement of a Registrant.
On September 28, 2018,
Intelligent Product Solutions, Inc. ("IPS"), the wholly-owned subsidiary of
Forward Industries, Inc. (the "Company") entered into a modification agreement
relating to its revolving line of credit ("Revolving Loan") with TD Bank, N.A.
(the "Modification Agreement").  The Modification Agreement provides for:
(i) an increase in the availability under the Revolving Loan from $1,000,000 to
$1,300,000 and (ii) an extension of the Revolving Loan from September 30, 2018
until April 30, 2019.  Additionally, in connection with the Modification
Agreement, the Company guaranteed the repayment of the Revolving Loan.  As
previously disclosed, Revolving Loan
is:
(i) secured by IPS' assets and (ii) bears an interest rate of the Wall Street
Journal Prime Rate plus 0.75%.  As of the date of this Current Report on
Form 8-K, there was $950,000 available under the Revolving Loan.  The proceeds
of Revolving Loan are being used for working capital.
The
foregoing description is qualified in its entirety by reference to the full
text of the Amended and Restated Revolving Term Note and Modification
Agreement, which have been filed as Exhibits 10.1 and 10.2, respectively, to
this Current Report on Form 8-K and are incorporated in this Form 8-K by
reference.
Item 9.01 Financial Statements and Exhibits.
Exhibit No.
Description
10.1
Amended and Restated Revolving Term Note dated September 28, 2018
10.2
Modification Agreement dated September 28, 2018
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.
Date: October 1, 2018
By:
/s/ Michael Matte
Name: Michael Matte
Title:   Chief Financial
  Officer