180 Life Sciences closes $425M private placement to fund Ethereum treasury strategy

FORUM MARKETS Inc

Raised $425M gross via PIPE at $2.65 per share; closed Aug 4, 2025.
Proceeds to buy ETH and implement on-chain yield generation via staking, lending, liquidity.
Board reshuffled: McAndrew Rudisill appointed Chairman; independent directors Crystal Heter and Andrew Suckling added.
Dr. Lawrence Steinman resigned as director effective Aug 4, no disagreement.
Company also exploring up to $150M fixed-income securities offering, subject to definitive docs.

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