other_material
confidence high
sentiment neutral
materiality 0.60
180 Life Sciences corrects share awards, CEO pay trigger; director Goodman resigns with $98k payout
FORUM MARKETS Inc
- Director Jay Goodman resigned June 12, 2025; received $98,333 total severance; forfeited 65,000 unvested shares.
- CEO Blair Jordan's consulting fee increased to $350k/year upon any material transaction; term extended to Dec 2027.
- CEO Jordan's 160,000 restricted shares fully accelerated to vest June 17, 2025 (originally 2026).
- Adopted 2025 Option Incentive Plan reserving 1M shares; CEO granted options for 410k shares at $0.929.
- Non-executive directors received 530,000 total option shares and 214,579 restricted shares.
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