secwatch.observer — SEC 8-K summary
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Issuer:     Forian Inc. (FORA)
CIK:        0001829280
Form:       8-K
Filed at:   2023-12-22T23:59:59+00:00
Accession:  0001140361-23-059225
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Forian subsidiary amends data license deal; extends term to 2031, removes revenue share fees
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- Amendment adds 2014-2023 historical data product for a one-time payment; extends term with two additional renewal options through 2031.
- Annual license fee increased; all revenue share fees eliminated going forward.
- Vendor retains right to decline the final two-year renewal if it no longer licenses similar data to third parties.
- Other terms of original 2019 License Agreement remain unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1829280/000114036123059225/0001140361-23-059225-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1829280/000114036123059225/ef20017235_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-059225

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer