ETHZilla closes $2.65/share private placement, issues ~144M shares; appoints new directors

FORUM MARKETS Inc

Private Placement closed at $2.65/share: 143.9M shares + 17.5M pre-funded warrants sold to institutional investors.
Total shares outstanding post-closing: 155.1M; 1.3M shares to be repurchased and cancelled per settlement agreement.
Company entered Asset Management Agreement with Electric Treasury Edge LLC to execute digital asset treasury strategy.
Director Lawrence Steinman resigned effective Aug 4; Andrew Suckling and Crystal Heter appointed as new Class I directors.
Board set at six members; Company plans to add Jason New as seventh director subject to stockholder approval.

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