secwatch.observer — SEC 8-K summary
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Issuer:     FORUM MARKETS Inc (FRMM)
CIK:        0001690080
Form:       8-K
Filed at:   2024-05-09T23:59:59+00:00
Accession:  0001213900-24-041030
Event type: leadership
Sentiment:  negative
Materiality: 0.85
Item codes: 1.01, 5.02, 1.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

180 Life Sciences CEO James Woody resigns; Blair Jordan named Interim CEO
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- CEO James Woody resigned May 7; receives $50K cash, 25K fully-vested shares, contingency bonus of $50K.
- CSO Jonathan Rothbard resigned; gets $200 cash, then consulted at $150/hr for 6 months.
- Executive Chairman Lawrence Steinman forgave all accrued compensation; stepped down to board member.
- Blair Jordan appointed Interim CEO via consulting firm at $216K/yr plus $250K change-of-control bonus.
- Board set non-executive comp: $50K annual retainer, $15K committee chair, $25K for Strategy Committee.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1690080/000121390024041030/0001213900-24-041030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1690080/000121390024041030/ea0205589-8k_180lifesci.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-041030

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