secwatch.observer — SEC 8-K summary
======================================

Issuer:     FORUM MARKETS Inc (FRMM)
CIK:        0001690080
Form:       8-K
Filed at:   2021-11-02T23:59:59+00:00
Accession:  0001213900-21-055978
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

180 Life Sciences appoints Quan Anh Vu as COO/CBO; salary $390k, 275k option grant
--------------------------------------------------------------------------------

- Quan Anh Vu appointed COO/CBO effective October 29, 2021; employment agreement dated Oct 27, effective Nov 1, 2021.
- Base salary of $390,000 per year, with 5% potential annual increase and $10k bump upon $50M+ financing.
- Initial option grant of 275,000 shares vesting monthly over 48 months; immediate vesting on change of control or termination without cause.
- Target annual bonus of 50% of base salary based on performance objectives; can be paid in cash or stock.
- Severance: 12 months base salary plus pro-rata bonus if terminated without cause or for good reason, subject to release.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1690080/000121390021055978/0001213900-21-055978-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1690080/000121390021055978/ea149725-8k_180life.htm
  HTML page:      https://secwatch.observer/filing/0001213900-21-055978

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