1 unchanged sentence
Market for Common Stock
−Removed: The principal market for
−Removed: our common stock is Nasdaq.
−Removed: Our common stock is traded under the symbol “FORD”.
−Removed: On December 6, 2024, the
−Removed: closing price for our common stock was $4.24.
+Added: The principal market for our
+Added: common stock is Nasdaq.
+Added: Our common stock is traded under the symbol “FWDI”.
+Added: On December 5, 2025, the closing
+Added: price for our common stock was $8.20.
Holders of Common Stock
−Removed: At November 30, 2024, there
−Removed: were approximately 35 holders of record of our common stock.
−Removed: Because many of our shares of common stock are held by brokers and other
−Removed: institutions on behalf of stockholders, we are unable to estimate the total number of stockholders represented by these record holders.
−Removed: We have not paid any cash
−Removed: dividends on our common stock since 1987 and do not plan to pay cash dividends in the foreseeable future.
−Removed: The payment of dividends in
−Removed: the future, if any, will depend upon our results of operations, as well as our short-term and long-term cash availability, net working
−Removed: capital, working capital needs, and other factors, as determined by our Board of Directors.
−Removed: Currently, except as may be provided by applicable
−Removed: laws, there are no contractual or other restrictions on our ability to pay dividends if we were to decide to declare and pay them.
−Removed: Recent Sales of Unregistered Securities
+Added: At December 5, 2025, there were
+Added: approximately 280 holders of record of our common stock.
+Added: Because many of our shares of common stock are held by brokers and other institutions
+Added: on behalf of shareholders, we are unable to estimate the total number of shareholders represented by these record holders.
+Added: We have not paid any cash dividends
+Added: on our common stock since 1987 and do not plan to pay cash dividends in the foreseeable future.
+Added: The payment of dividends in the future,
+Added: if any, will depend upon our results of operations, as well as our short-term and long-term cash availability, net working capital, working
+Added: capital needs, and other factors, as determined by our Board of Directors.
+Added: Currently, except as may be provided by applicable laws, there
+Added: are no contractual or other restrictions on our ability to pay dividends if we were to decide to declare and pay them.
+Added: Issuer Purchases of Equity Securities
+Added: On November 3, 2025, the Company’s Board of
+Added: Directors authorized a share repurchase program permitting the Company to repurchase up to $1 billion of its common stock.
+Added: may be made from time to time through open-market purchases, block trades, and/or privately negotiated transactions (including accelerated
+Added: share repurchases), and may include Rule 10b5-1 trading plans.
+Added: Any repurchase will be executed in compliance with Rule 10b-18 of the Securities
+Added: Exchange Act of 1934.
+Added: The Company may determine the timing, amount, and method of repurchases based on market conditions, share price,
+Added: legal and regulatory requirements, and other considerations in its sole discretion.
+Added: The program does not obligate the Company to repurchase
+Added: any specific number of shares and may be modified, suspended, or terminated at any time.
+Added: Through the date of this filing, no shares have
+Added: been repurchased under this program.
+Added: Not applicable.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.