{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-097741","form_type":"8-K","ticker":"FRMM","cik":"0001690080","company_name":"FORUM MARKETS Inc","filed_at":"2023-12-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.070330+00:00","generated_at":"2026-06-07T09:09:44.280323+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Five directors resign from 180 Life Sciences board over cost-cutting dispute","bullets":["Francis Knuettel II, Pam Marrone, Teresa DeLuca, Larry Gold, and Russell Ray resigned December 17, 2023.","Resignations stemmed from a difference of opinion with the Company on cost cutting initiatives.","Knuettel served on Audit and Risk Committees; Marrone chaired Risk Committee and was on Compensation Committee.","DeLuca chaired Compensation Committee and served on Nominating Committee; Gold chaired Nominating and was on Audit.","Ray served on Audit, Compensation, and Nominating Committees; no replacements announced."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-097741","json":"https://secwatch.observer/filing/0001213900-23-097741.json","markdown":"https://secwatch.observer/filing/0001213900-23-097741.md","text":"https://secwatch.observer/filing/0001213900-23-097741.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1690080/000121390023097741/0001213900-23-097741-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1690080/000121390023097741/ea190533-8k_180life.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T09:09:44.280323+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2b5c13a2ce","claim":"Larry Gold resigned as Director at FORUM MARKETS Inc.","evidence_excerpt":"Effective on December 17, 2023, Francis Knuettel II, Pam Marrone, Teresa DeLuca, Larry Gold, and Russell Ray, resigned as members of the Board of Directors of 180 Life Sciences Corp.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1690080/000121390023097741/0001213900-23-097741-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"3672707de9","claim":"Russell Ray resigned as Director at FORUM MARKETS Inc.","evidence_excerpt":"Effective on December 17, 2023, Francis Knuettel II, Pam Marrone, Teresa DeLuca, Larry Gold, and Russell Ray, resigned as members of the Board of Directors of 180 Life Sciences Corp.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1690080/000121390023097741/0001213900-23-097741-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"38e1a631de","claim":"Pam Marrone resigned as Director at FORUM MARKETS Inc.","evidence_excerpt":"Effective on December 17, 2023, Francis Knuettel II, Pam Marrone, Teresa DeLuca, Larry Gold, and Russell Ray, resigned as members of the Board of Directors of 180 Life Sciences Corp.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1690080/000121390023097741/0001213900-23-097741-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"61dcf90061","claim":"Francis Knuettel II resigned as Director at FORUM MARKETS Inc.","evidence_excerpt":"Effective on December 17, 2023, Francis Knuettel II, Pam Marrone, Teresa DeLuca, Larry Gold, and Russell Ray, resigned as members of the Board of Directors of 180 Life Sciences Corp.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1690080/000121390023097741/0001213900-23-097741-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"84bc0a979f","claim":"Teresa DeLuca resigned as Director at FORUM MARKETS Inc.","evidence_excerpt":"Effective on December 17, 2023, Francis Knuettel II, Pam Marrone, Teresa DeLuca, Larry Gold, and Russell Ray, resigned as members of the Board of Directors of 180 Life Sciences Corp.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1690080/000121390023097741/0001213900-23-097741-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}