Forian receives go-private proposal from CEO at $2.10/share

Forian Inc.

CEO Max Wygod leads group proposing to acquire Forian at $2.10 per share for other shareholders.
Wygod and inside directors Dublin and Kassam-Adams beneficially own ~63% of common stock.
Board formed Special Committee of independent directors to evaluate the proposal.
Proposal is non-binding, subject to financing, employment agreements, definitive agreement, and approval.
No assurance that any definitive offer or transaction will be consummated.

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