Expands North America Retail Operations Presence in the Midwest Expected to Add $550 Million in Estimated Annualized Revenue BLOOMFIELD HILLS, Mich., July 16, 2024 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers with operations across four continents and nine countries, announced today the acquisition of Bill Brown Ford in southeastern Michigan. Located in Livonia, ...

HAUPPAUGE, N.Y., June 14, 2024 (GLOBE NEWSWIRE) -- Forward Industries, Inc. (NASDAQ: FORD) ("Forward" or the "Company"), a global design, sourcing, and distribution company serving top tier medical and technology customers, announced today that it will effect a 1-for-10 reverse stock split ("Reverse Stock Split") of its common stock, par value $0.01 per share ("Common Stock"), that will become effective on June 18, 2024, at 12:01 a.m., Eastern Time. Forward's Common Stock will continue to trade on The Nasda ...

The Reverse Stock Split is primarily intended to bring the Company into compliance with the $1.00 minimum bid price requirement to maintain its listing on Nasdaq. There is no guarantee the Company will meet the minimum bid price requirement for a period of time sufficient to regain compliance with Nasdaq listing requirements. About: Forward (NASDAQ: FORD) is a New York-based global design, sourcing and distribution company serving top tier medical and technology customers worldwide. HAUPPAUGE, N.Y., June 14 ...

HAUPPAUGE, N.Y., June 12, 2024 (GLOBE NEWSWIRE) -- Intelligent Product Solutions (IPS), a Forward Industries (FORD) company, today announced the launch of its Advanced Concept Studio division, leveraging its expert Industrial Design and UI/UX team and growing capabilities. Advanced Concept Studio is focused on human-centered design, product strategy, physical and digital product design, user experience design, VR/AR visualization and AI interface development. Among its design innovations is the EON robotic ...

文章核心观点 - 公司推出了Advanced Concept Studio(ACS)部门,专注于人机交互设计、产品策略、实体和数字产品设计、用户体验设计、VR/AR可视化和AI界面开发 [1][3] - ACS拥有10年的工业设计和UI/UX团队,开发了从企业计算设备到医疗和国防产品的各种产品 [2] - ACS擅长将创新理念转化为有影响力的解决方案,擅长快速原型制作、用户研究和跨学科合作,确保产品技术可靠、可扩展且设计优秀 [3][4] - ACS为EON非侵入性脂肪减少疗法机器人提供了工业设计、人机因素和用户体验方面的专业支持,使其更加简单、无痛且更安全 [4] - ACS致力于为客户提供卓越和创新的设计服务,通过将用户洞察与技术可能性相结合,将出色的创意变为现实,超越期望 [5] 公司概况 - ACS是Intelligent Product Solutions(IPS)的一个部门,IPS是Forward Industries的子公司 [5] - IPS是一家总部位于纽约的全球产品设计和开发公司,提供全方位的专业产品设计和工程服务,在医疗技术和可穿戴技术解决方案方面有专长 [5] - IPS的客户包括谷歌、威瑞森、斑马技术和斯坦威等知名品牌 [5]

财务表现 - 2024财年第二季度营收为780万美元，较2023年的970万美元下降19.6%[1] - 毛利率提高至20.5%，较2023年的19.8%增长[1] - 继续经营亏损为50万美元，较2023年的10万美元增加[1] - 现金余额为230万美元，较2023年9月的320万美元减少[1] 公司发展 - 公司重点致力于采取措施使集团重返盈利，需要所有部门长期持续努力以实现强劲增长和盈利目标[2] - 公司通过收购 Intelligent Product Solutions, Inc. 和 Kablooe Design, Inc. 扩展了为全球顶级医疗和技术客户提供设计、采购和分销服务的能力[3]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________________ to ________________ Commission file number 001-34780 FORWARD INDUSTRIES, INC. (Exact name of registrant as specified in its charter) ( ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________________ to ________________ Commission file number 001-34780 FORWARD INDUSTRIES, INC. (Exact name of registrant as specified in its charter ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended September 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to_____________. Commission File Number: 001-34780 FORWARD INDUSTRIES, INC. (Exact name of registrant as specified in its charter) New York 13-195 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________________ to ________________ Commission file number 001-34780 FORWARD INDUSTRIES, INC. (Exact name of registrant as specified in its charter) Ne ...