secwatch.observer — SEC 8-K summary
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Issuer:     FORUM MARKETS Inc (FRMM)
CIK:        0001690080
Form:       8-K/A
Filed at:   2025-08-18T23:59:59+00:00
Accession:  0001213900-25-077692
Event type: other_material
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.01, 3.02, 8.01, 3.20, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1690080/000121390025077692/0001213900-25-077692-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1690080/000121390025077692/ea0253637-8ka1_ethzilla.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-077692

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer