As of November 6, 2026, 3 holders' latest Schedule 13D or 13G filings report owning 5% or more of Forward Industries, Inc. The largest reported stake is Galaxy Digital LP's, at 9.99%. 9 filings are on record since July 28, 2025 (Schedule 13D, September 18, 2025).
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Key facts
- · Reporting person: Alyeska Investment Group, L.P. · Sole voting: 0 · Shared voting: 3,790,702 · Sole dispositive: 0 · Shared dispositive: 3,790,702 · SCHEDULE 13G, 2026-08-14
- · Holder: Multicoin Capital Management, LLC · Percent: 0% · SCHEDULE 13D/A
- · Holder: Multicoin Capital Management, LLC · Percent: 7% · SCHEDULE 13D/A
- · Holder: J Digital 6 Cayman Ltd. · Percent: 9.6% · SCHEDULE 13D/A
- · Holder: C/M Capital Partners, LP · Percent: 1.6% · SCHEDULE 13G/A
Forward Industries, Inc. has 9 Schedule 13D or 13G filings on record since 2025-07-28. 3 holders' latest filing reports 5% or more of common stock, par value $0.01 per share. Each figure below is the holder's own, as filed, with the filing linked.
Holders
| Holder | Percent | Shares | Latest | Event date |
|---|---|---|---|---|
| Galaxy Digital LP | 9.99% | 8,676,432 | SCHEDULE 13D, 2025-09-18 | 2025-09-11 |
| J Digital 6 Cayman Ltd. | 9.6% | 7,947,843 | SCHEDULE 13D/A, 2026-03-06 | 2026-03-03 |
| Alyeska Investment Group, L.P. | 5.08% | 3,790,702 | SCHEDULE 13G, 2026-08-14 | 2026-06-30 |
| C/M Capital Partners, LP | 1.6% | 1,381,368 | SCHEDULE 13G/A, 2025-11-14 | 2025-09-30 |
| Multicoin Capital Management, LLC | 0% | 0 | SCHEDULE 13D/A, 2026-05-08 | 2026-04-30 |
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More on Forward Industries, Inc. and the records around it.
Forward Industries, Inc. elsewhere on the record
- Leadership changes Jul 2026
- Who owns it
Companies that share a holder
- C/M Capital Master Fund, LP also filed stake reports on 8 other companies: Endovia Health Sciences, Inc. (Oct 2026), Catheter Precision, Inc. (Aug 2026), Volato Group, Inc. (Jul 2026)
- Alyeska Investment Group, L.P. also filed stake reports on 81 other companies: ABUNDIA GLOBAL IMPACT GROUP, INC. (Aug 2026), Bakkt, Inc. (Aug 2026), BATTALION OIL CORP (Aug 2026)
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What the Full Report on Forward Industries, Inc. covers
The Short Answer
Which Company This Is
What They Do, And How The Money Works
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The Money: Funding, Valuation, Runway
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Warning Bells
Sources
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Voting and dispositive power, as filed
| Reporting person | Sole voting | Shared voting | Sole dispositive | Shared dispositive | Filing |
|---|---|---|---|---|---|
| Alyeska Investment Group, L.P. | 0 | 3,790,702 | 0 | 3,790,702 | SCHEDULE 13G, 2026-08-14 |
| Alyeska Fund GP, LLC | 0 | 3,790,702 | 0 | 3,790,702 | SCHEDULE 13G, 2026-08-14 |
| Anand Parekh | 0 | 3,790,702 | 0 | 3,790,702 | SCHEDULE 13G, 2026-08-14 |
The latest filing identifies Forward Industries, Inc. by CUSIP 349932103 and gives its principal executive office as 111 Congress Avenue, Suite 500, Austin, TX 78701 (SCHEDULE 13G, 2026-08-14).
Purpose of Transaction (Item 4)
Multicoin Capital Management, LLC
Item 4 of the Original Schedule 13D is hereby amended and supplemented to add the following at the end thereof: On May 5, 2026, MCMF LP transferred 1,783,519 shares of Common Stock to Lemmings Holdings, LLC. On April 30, 2026, pursuant to the terms of the Lead Investor Agreement and Assignment Agreement, MCMF LP assigned 4,458,796 Lead Investor Warrants to Lemmings Holdings, LLC.Item 4 of the SCHEDULE 13D/A filed 2026-05-08
Galaxy Digital LP
The information set forth in Items 3 and 6 of this Schedule 13D is incorporated by reference into this Item 4. The Reporting Persons acquired the securities described in this Schedule 13D for investment purposes and intend to review their investments in the Issuer on a continuing basis. Any actions the Reporting Persons might undertake may be made at any time and from time to time without prior notice and will be dependent upon the Reporting Persons' review of numerous factors, including, but not limited to: an ongoing evaluation of the Issuer's business, financial condition, operations and prospects; price levels of the Issuer's securities; general market, industry and economic conditions; the relative attractiveness of alternative business and investment opportunities; and other future developments. The Reporting Persons may acquire additional securities of the Issuer, or retain or sell all or a portion of the securities then held, in the open market or in privately negotiated transactions. The Reporting Persons also may, at any time and from time to time, engage in discussions with the Issuer and its management for the purpose of effecting one or more of their rights pursuant to the Strategic Advisor Agreement. In addition, the Reporting Persons may engage in discussions with management, the Issuer's board of directors (the "Board"), other stockholders of the Issuer and other relevant parties regarding potential changes in the operations, management, or capital …The first part of Item 4 of the SCHEDULE 13D filed 2025-09-18; the filing has the rest
Timeline
| Filed | Holder | Percent | Filing |
|---|---|---|---|
| 2025-07-28 | C/M Capital Master Fund, LP | 9.3% | SCHEDULE 13G |
| 2025-09-18 | Multicoin Capital Management, LLC | 15.7% | SCHEDULE 13D |
| 2025-09-18 | Galaxy Digital LP | 9.99% | SCHEDULE 13D |
| 2025-09-18 | J Digital 6 Cayman Ltd. | 9.3% | SCHEDULE 13D |
| 2025-11-14 | C/M Capital Partners, LP | 1.6% | SCHEDULE 13G/A |
| 2026-03-06 | J Digital 6 Cayman Ltd. | 9.6% | SCHEDULE 13D/A |
| 2026-04-08 | Multicoin Capital Management, LLC | 7% | SCHEDULE 13D/A |
| 2026-05-08 | Multicoin Capital Management, LLC | 0% | SCHEDULE 13D/A |
| 2026-08-14 | Alyeska Investment Group, L.P. | 5.08% | SCHEDULE 13G |
Questions about who owns Forward Industries, Inc.
Who owns Forward Industries, Inc.?
On this page, 3 holders' latest ownership filings report 5% or more of Forward Industries, Inc.: Galaxy Digital LP (9.99%, Schedule 13D, filed 2025-09-18), J Digital 6 Cayman Ltd. (9.6%, Schedule 13D/A, filed 2026-03-06) and Alyeska Investment Group, L.P. (5.08%, Schedule 13G, filed 2026-08-14).
Who are the largest shareholders of Forward Industries, Inc.?
By the share each holder's latest filing reports, the largest holders of Forward Industries, Inc. on this page are Galaxy Digital LP (9.99%), J Digital 6 Cayman Ltd. (9.6%) and Alyeska Investment Group, L.P. (5.08%).
When did Galaxy Digital LP buy into Forward Industries, Inc.?
The filings give report dates, not purchase dates. The earliest filing from Galaxy Digital LP on this page is the Schedule 13D, filed 2025-09-18, reporting 9.99%.
Is this an audit or a full list?
Neither. The ownership list on this page covers only Schedule 13D and 13G filings, which holders make once they own 5% or more of a class of shares (an amendment can report a stake that has since fallen below 5%); 9 such filings are shown here. It is not an audit and not a full cap table: holders who never reached 5% are not listed, and a stake can change after its latest filing.
Also on the record for Forward Industries, Inc.
| Date | Record | Figure | Our page | Source |
|---|---|---|---|---|
| July 20, 2026 | Leadership change: Michael Ashe appointed | — | Leadership changes | Source |
| April 8, 2026 | Leadership change: Mark Brazier appointed, Chief Financial Officer, and 1 more | — | Leadership changes | Source |
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Where this comes from
Anyone who comes to own more than 5% of a class of a listed company's voting shares has to tell the SEC. A holder who may seek to change or influence the company files Schedule 13D, and has to say in Item 4, "Purpose of Transaction", what it intends to do. A holder with no such intent, such as many index and passive funds, may file the shorter Schedule 13G. Both are amended when the stake changes, including when it falls below 5%.
Every row here is one of those filings, linked to the filing itself. Percentages and share counts are exactly as the holder filed them, for the holder the filing names; an amendment showing a lower figure is shown as filed. Item 4 text is quoted word for word. Where a 13D's Item 4 contains a sentence stating a definite intent to influence the company, that sentence is marked and quoted; the page does not describe the holder or its motives beyond the words it filed. Nothing here is investment advice.