---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-26-013124"
form_type: "8-K"
ticker: "FORA"
cik: "0001829280"
company_name: "Forian Inc."
filed_at: "2026-04-03T23:59:59+00:00"
generated_at: "2026-05-15T07:39:15.590701+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Forian to be taken private at $2.17/share in all-cash deal led by CEO Max Wygod

## Summary
- All-cash transaction values Forian equity at ~$68M; shareholders receive $2.17/share.
- 22.6% premium to unaffected close of $1.77 on August 22, 2025.
- Consortium led by CEO Max Wygod, other senior execs and existing stockholders.
- Tender offer requires minimum of >50% shares tendered; no financing condition.
- Expected close in Q2 2026; Forian to maintain HQ in Newtown, PA and current leadership.

## SEC filing metadata
- accession: 0001140361-26-013124
- form_type: 8-K
- ticker: FORA
- cik: 0001829280
- company_name: Forian Inc.
- filed_at: 2026-04-03T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1829280/000114036126013124/0001140361-26-013124-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1829280/000114036126013124/ef20069813_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-26-013124
- JSON: https://secwatch.observer/filing/0001140361-26-013124.json
- Plain text: https://secwatch.observer/filing/0001140361-26-013124.txt

## Source-grounded claims
- claim_id: dba46a34cbff8bc4df6f5086eff75c75467999c7
  claim: Forian Inc. entered into Agreement and Plan of Merger with 2025 Acquisition Company, LLC and Bravo Merger Sub, Inc. (effective 2026-04-02).
  evidence_excerpt: On April 2, 2026, Forian Inc., a Maryland corporation (the " Company " or " Forian "), entered into an Agreement and Plan of Merger (the " Merger Agreement "), by and among the Company, 2025 Acquisition Company, LLC, a Delaware limited liability company (" Parent "), and Bravo Merger Sub, Inc., a Maryland corporation and wholly owned subsidiary of Parent (" Purchaser ").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1829280/000114036126013124/0001140361-26-013124-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.