Galaxy Digital, LP - 14 May 2026 Form 3 Insider Report for Forward Industries, Inc. (FWDI)

Reporting relationship
10%+ Owner
Issuer ticker
FWDI
Reported as of
14 May 2026
Net transaction value
$0
Source evidence Original filing metadata and source links for verification. 3 source fields
SEC form
3
Accepted by SEC
05 Oct 2026, 18:14:04 UTC
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Dritan Muneka, authorized signatory for Galaxy Digital GP LLC, general partner of Galaxy Digital LP

Key filing fact

Galaxy Digital, LP filed Form 3 for Forward Industries, Inc. (FWDI) on 05 Oct 2026.

Key facts

  • This page summarizes Galaxy Digital, LP's Form 3 filing for Forward Industries, Inc. (FWDI).
  • 0 reported transactions and 12 derivative rows are listed below.
  • Accepted by SEC: 05 Oct 2026, 18:14.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Official SEC source

Ownership activity is grounded in SEC Form 3 disclosures.

View source filing

Reporting Owners (6)

CIK 0001813689 Primary reporting owner

Galaxy Digital, LP

Relationship
10%+ Owner
Address
C/O GALAXY DIGITAL INC., 300 VESEY STREET, NEW YORK
Signature
/s/ Dritan Muneka, authorized signatory for Galaxy Digital GP LLC, general partner of Galaxy Digital LP
Signature date
05 Oct 2026
CIK 0002111693

Galaxy Digital GP LLC

Relationship
10%+ Owner
Address
C/O GALAXY DIGITAL INC., 300 VESEY STREET, NEW YORK
Signature
/s/ Dritan Muneka, authorized signatory for Galaxy Digital GP LLC
Signature date
05 Oct 2026
CIK 0002070011

Galaxy Digital Holdings LP

Relationship
10%+ Owner
Address
C/O GALAXY DIGITAL INC., 300 VESEY STREET, NEW YORK
Signature
/s/ Dritan Muneka, authorized signatory for Galaxy Digital Inc., general partner of Galaxy Digital Holdings LP
Signature date
05 Oct 2026
CIK 0001859392

Galaxy Digital Inc.

Relationship
10%+ Owner
Address
C/O GALAXY DIGITAL INC., 300 VESEY STREET, NEW YORK
Signature
/s/ Dritan Muneka, authorized signatory for Galaxy Digital Inc.
Signature date
05 Oct 2026
CIK 0001912562

Galaxy Group Investments LLC

Relationship
10%+ Owner
Address
C/O GALAXY GROUP INVESTMENTS LLC, 107 GRAND STREET, NEW YORK
Signature
/s/ Michael E. Novogratz, authorized signatory for Galaxy Group Investments LLC
Signature date
05 Oct 2026
CIK 0001380615

Novogratz Michael

Relationship
10%+ Owner
Address
C/O GALAXY DIGITAL INC., 300 VESEY STREET, NEW YORK
Signature
/s/ Michael E. Novogratz
Signature date
05 Oct 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

FWDI holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
8,108,109
Date
14 May 2026
Ownership
Direct
Footnotes
F1, F2
FWDI holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
8,108,109
Date
14 May 2026
Ownership
Direct
Footnotes
F1, F2
FWDI holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
8,108,109
Date
14 May 2026
Ownership
Direct
Footnotes
F1, F2
FWDI holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
8,108,109
Date
14 May 2026
Ownership
Direct
Footnotes
F1, F2
FWDI holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
8,108,109
Date
14 May 2026
Ownership
Direct
Footnotes
F1, F2
FWDI holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
8,108,109
Date
14 May 2026
Ownership
Direct
Footnotes
F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

FWDI holding Derivative

Pre-Funded Warrants (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
14 May 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,783,519
Exercise price
Footnotes
F2, F3, F4, F5, F6
FWDI holding Derivative

Pre-Funded Warrants (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
14 May 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,783,519
Exercise price
Footnotes
F2, F3, F4, F5, F6
FWDI holding Derivative

Pre-Funded Warrants (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
14 May 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,783,519
Exercise price
Footnotes
F2, F3, F4, F5, F6
FWDI holding Derivative

Pre-Funded Warrants (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
14 May 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,783,519
Exercise price
Footnotes
F2, F3, F4, F5, F6
FWDI holding Derivative

Pre-Funded Warrants (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
14 May 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,783,519
Exercise price
Footnotes
F2, F3, F4, F5, F6
FWDI holding Derivative

Pre-Funded Warrants (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
14 May 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,783,519
Exercise price
Footnotes
F2, F3, F4, F5, F6
FWDI holding Derivative

Advisor Warrants (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
14 May 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
4,458,796
Exercise price
$0.0100
Footnotes
F2, F4, F5, F7, F8
FWDI holding Derivative

Advisor Warrants (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
14 May 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
4,458,796
Exercise price
$0.0100
Footnotes
F2, F4, F5, F7, F8
FWDI holding Derivative

Advisor Warrants (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
14 May 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
4,458,796
Exercise price
$0.0100
Footnotes
F2, F4, F5, F7, F8
FWDI holding Derivative

Advisor Warrants (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
14 May 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
4,458,796
Exercise price
$0.0100
Footnotes
F2, F4, F5, F7, F8
FWDI holding Derivative

Advisor Warrants (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
14 May 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
4,458,796
Exercise price
$0.0100
Footnotes
F2, F4, F5, F7, F8
FWDI holding Derivative

Advisor Warrants (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
Date
14 May 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
4,458,796
Exercise price
$0.0100
Footnotes
F2, F4, F5, F7, F8
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote F1

On September 6, 2025, Issuer, entered into a securities purchase agreement (the "Securities Purchase Agreement") with certain accredited investors, including Galaxy Digital LP ("GD LP") (the "Purchasers"), pursuant to which the Issuer agreed to sell and issue to the Purchasers in a private placement (the "Private Placement") an aggregate of 89,189,189 shares of Common Stock, at an offering price of $18.50, and/or pre-funded warrants in lieu thereof (the "Pre-Funded Warrants") to purchase shares of Common Stock with $18.49999 of the exercise price per Pre-Funded Warrant being pre-funded on September 11, 2025, subject to certain adjustments (the "Per Share Purchase Price"). The Private Placement closed on September 10, 2025.

Footnote F2

GD LP is the holder of record of the securities reported herein. Galaxy Digital GP LLC ("GD GP") is the general partner of GD LP and wholly owned by Galaxy Digital Holdings LP ("GD Holdings LP"). Galaxy Digital Inc. ("GD Inc.") is the general partner of GD Holdings LP. Galaxy Group Investments LLC ("GGI") holds approximately 49% of the voting power over GD Inc. and is managed by Michael E. Novogratz ("Mr. Novogratz"). Based on the foregoing, each of GD GP, GD Holdings LP, GD Inc., GGI and Mr. Novogratz may be deemed to share beneficial ownership of the securities held of record by GD LP.

Footnote F3

The Pre-Funded Warrants are exercisable in cash or by means of a cashless exercise and will not expire until the date such warrants are fully exercised. The warrants may not be exercised if the aggregate number of shares of Common Stock beneficially owned by the holder thereof (together with its affiliates) immediately following such exercise would exceed a specified beneficial ownership limitation; provided, however, that the holder may increase or decrease the beneficial ownership limitation by giving notice to the Issuer (61 days' notice for increases), but not to any percentage in excess of 9.99%.

Footnote F4

On September 6, 2025, the Issuer entered into a Strategic Advisor and Lead Investor Agreement (the "Strategic Advisor Agreement") with GD LP, pursuant to which the Issuer engaged GD LP to serve as a strategic advisor to the Issuer with respect to the Private Placement. In consideration of GD LP's services, the Issuer issued to GD LP, in addition to the Common Stock and Pre-Funded Warrants acquired by GD LP pursuant to the Private Placement, 1,783,519 of Pre-Funded Warrants and 4,458,796 warrants (the "Advisor Warrants") to purchase an amount of shares of Common Stock.

Footnote F5

The number of shares of Common Stock into which the Pre-Funded Warrants and Advisor Warrants are exercisable is limited pursuant to the terms of such warrants to that number of shares of Common Stock that would result in the Reporting Persons and their affiliates having aggregate beneficial ownership of more than 9.99% of the total issued and outstanding shares of Common Stock (the "Ownership Limitation"). In accordance with Rule 13d-4 under the Exchange Act, the Reporting Persons disclaim beneficial ownership of any and all shares of Common Stock issuable upon any exercise of the Pre-Funded Warrants and/or the Advisor Warrants to the extent that such exercise would cause the Reporting Persons' aggregate beneficial ownership to exceed or remain above the Ownership Limitation.

Footnote F6

The unfunded exercise price of each Pre-Funded Warrant equals $0.00001 per underlying share of Common Stock. The exercise price and the number of shares of Common Stock issuable upon exercise of each Pre-Funded Warrant is subject to certain adjustments.

Footnote F7

The Advisor Warrants are exercisable as follows: (1) one-third (1/3) of the Advisor Warrants shall be exercisable on and after the first date on which the closing trading price of the Issuer's Common Stock on its principal stock exchange is equal to or greater than 150% the Per Share Purchase Price for 20 out of 30 trading days following the effectiveness of the resale registration statement, providing for the resale of, among other things, Common Stock purchased in the Private Placement, the shares of Common Stock underlying the Advisor Warrants, the shares of Common Stock underlying the Pre-Funded Warrants (the "Resale Registration Statement");

Footnote F8

(Continued from Footnote 7) (2) one-third (1/3) of the Advisor Warrants shall be exercisable on and after the first date on which the closing trading price of the Issuer's Common Stock on its principal stock exchange is equal to or greater than 200% of the cash Per Share Purchase Price for 20 out of 30 trading days following the effectiveness of the Resale Registration Statement; and (3) one-third (1/3) of the Advisor Warrants shall be exercisable on and after the first date on which the closing trading price of the Issuer's Common Stock on its principal stock exchange is equal to or greater than 250% of the cash Per Share Purchase Price for 20 out of 30 trading days following the effectiveness of the Resale Registration Statement.

SEC remarks

This Form 3 is being filed solely due to a decrease in the number of the outstanding shares of common stock reported by the Issuer in its Quarterly Report on Form 10-Q filed with Securities and Exchange Commission on May 14, 2026 and not as a result of any acquisition by the Reporting Persons.

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