{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-21-030187","form_type":"8-K","ticker":"FORA","cik":"0001829280","company_name":"Forian Inc.","filed_at":"2021-09-02T23:59:59+00:00","discovered_at":"2026-05-14T18:04:19.935755+00:00","generated_at":"2026-06-29T06:13:29.368251+00:00","sec_items":["1.01","2.03","3.02","5.02","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Forian raises $24M via 3.5% convertible notes due 2025; appoints Michael Vesey as CFO","bullets":["$24M 3.5% convertible notes due 2025, conversion price $11.98, warrants for 20% of principal.","Director Martin Wygod purchased $6M of notes; unaffiliated investors bought $18M.","Michael Vesey appointed CFO effective Sept 2, 2021; base salary $300k plus 40k RSUs and 350k NQSOs.","Former CFO Clifford Farren transitions to Special Advisor, then consultant through March 2022 at $13k/month.","Proceeds for data acquisition, working capital, and general corporate purposes."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-21-030187","json":"https://secwatch.observer/filing/0001140361-21-030187.json","markdown":"https://secwatch.observer/filing/0001140361-21-030187.md","text":"https://secwatch.observer/filing/0001140361-21-030187.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1829280/000114036121030187/0001140361-21-030187-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1829280/000114036121030187/brhc10028642_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-29T06:13:29.368251+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"561d6f022c","claim":"Michael Vesey was appointed as Chief Financial Officer at Forian Inc..","evidence_excerpt":"On September 1, 2021, the Company appointed Michael Vesey to the position of Chief Financial Officer, effective September 2, 2021","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1829280/000114036121030187/0001140361-21-030187-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"},{"claim_id":"e072874dc4","claim":"Clifford Farren changed role as Special Advisor at Forian Inc..","evidence_excerpt":"Clifford Farren will transition from Chief Financial Officer to Special Advisor.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1829280/000114036121030187/0001140361-21-030187-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"transitioned"},{"label":"Role","value":"Special Advisor"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}