secwatch.observer — SEC 8-K summary
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Issuer:     FORUM MARKETS Inc (FRMM)
CIK:        0001690080
Form:       8-K
Filed at:   2023-01-20T23:59:59+00:00
Accession:  0001213900-23-003907
Event type: leadership
Sentiment:  negative
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

COO Quan Vu resigns; 180 Life Sciences pays $281K severance plus $125K backpay
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- Quan Vu resigned as COO/Chief Business Officer effective Jan 18, 2023.
- Severance: $281,190 plus up to $1,100/month for 8 months health insurance.
- Company also paying $73,645 accrued backpay, $16,250 2021 bonus backpay, $36,050 accrued PTO.
- Vu released all claims and agreed to confidentiality and non-disparagement covenants.
- Company evaluating replacement; will rely on consultant Dr. Glenn Larsen for out-licensing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1690080/000121390023003907/0001213900-23-003907-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1690080/000121390023003907/ea171897-8k_180life.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-003907

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