secwatch.observer — SEC 8-K summary
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Issuer:     Forian Inc. (FORA)
CIK:        0001829280
Form:       8-K
Filed at:   2026-04-03T23:59:59+00:00
Accession:  0001140361-26-013124
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1829280/000114036126013124/0001140361-26-013124-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1829280/000114036126013124/ef20069813_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-013124

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