---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-014908"
form_type: "8-K"
ticker: "FRMM"
cik: "0001690080"
company_name: "FORUM MARKETS Inc"
filed_at: "2024-02-16T23:59:59+00:00"
generated_at: "2026-06-06T00:17:19.410982+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# ATNF shareholders approve reverse stock split, expand equity plan, enable warrant exercise

## Summary
- Reverse stock split authorized at ratio between 1:4 and 1:40, exact ratio to be set later by Board.
- Omnibus Incentive Plan share limit increased from 470,000 to 4,249,933 shares after stockholder approval.
- Warrants to purchase up to 4,886,878 shares at $0.0001 and 18,128,196 shares at $0.17 are now exercisable.
- Proposal to issue shares at less than Nasdaq minimum price approved by 77.2% of votes cast.

## SEC filing metadata
- accession: 0001213900-24-014908
- form_type: 8-K
- ticker: FRMM
- cik: 0001690080
- company_name: FORUM MARKETS Inc
- filed_at: 2024-02-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 5.07, 8.01, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1690080/000121390024014908/0001213900-24-014908-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1690080/000121390024014908/ea193928-8k_180life.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-014908
- JSON: https://secwatch.observer/filing/0001213900-24-014908.json
- Plain text: https://secwatch.observer/filing/0001213900-24-014908.txt

## Key facts
- Governance Changes
  FORUM MARKETS Inc: Stockholders approved the Second Amendment to the 180 Life Sciences Corp. 2022 Omnibus Incentive Plan, increasing the maximum number of shares available for issuance from 470,000 to 4,249,933 shares (effective 2024-02-16).
  - Effective: 2024-02-16
  source text: The Second Amendment became effective at the time of stockholder approval.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1690080/000121390024014908/0001213900-24-014908-index.htm
- Shareholder Votes
  FORUM MARKETS Inc shareholders approved Approval of the adjournment of the Special Meeting, if necessary, to solicit additional proxies if there are not sufficient votes at the time of the Special Meeting to approve Proposal Nos. 1 and 3 above at the 2024-02-16 meeting.
  - Outcome: passed
  - Meeting: 2024-02-16
  source text: Proposal No. 4: Approval of the adjournment of the Special Meeting, if necessary, to solicit additional proxies if there are not sufficient votes at the time of the Special Meeting to approve Proposal Nos. 1 and 3 above
  evidence_url: https://www.sec.gov/Archives/edgar/data/1690080/000121390024014908/0001213900-24-014908-index.htm
- Shareholder Votes
  FORUM MARKETS Inc shareholders approved Approval of an amendment to our Second Amended and Restated Certificate of Incorporation, as amended, to effect a reverse stock split of our issued and outstanding shares of our common stock, par value $0.0001 per share, by a ratio of between one-for-four to one-for-forty, inclusive at the 2024-02-16 meeting.
  - Proposal: charter amendment
  - Outcome: passed
  - Meeting: 2024-02-16
  source text: Proposal No. 1: Approval of an amendment to our Second Amended and Restated Certificate of Incorporation, as amended, to effect a reverse stock split of our issued and outstanding shares of our common stock, par value $0.0001 per share, by a ratio of between one-for-four to one-for-forty, inclusive, with the exact ratio to be set at a whole number to be determined by our Board of Directors or a duly authorized committee thereof in its discretion, at any time after approval of the amendment and prior to February 16, 2025
  evidence_url: https://www.sec.gov/Archives/edgar/data/1690080/000121390024014908/0001213900-24-014908-index.htm
- Shareholder Votes
  FORUM MARKETS Inc shareholders approved Approval of the adoption of the Second Amendment to the 180 Life Sciences Corp. 2022 Omnibus Incentive Plan at the 2024-02-16 meeting.
  - Proposal: equity plan
  - Outcome: passed
  - Meeting: 2024-02-16
  source text: Proposal No. 2: Approval of the adoption of the Second Amendment to the 180 Life Sciences Corp. 2022 Omnibus Incentive Plan
  evidence_url: https://www.sec.gov/Archives/edgar/data/1690080/000121390024014908/0001213900-24-014908-index.htm

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