---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-077719"
form_type: "8-K"
ticker: "FRMM"
cik: "0001690080"
company_name: "FORUM MARKETS Inc"
filed_at: "2025-08-18T23:59:59+00:00"
generated_at: "2026-05-17T11:57:19.352261+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# 180 Life Sciences rebrands as ETHZilla, begins trading under ETHZ, holds $419M in Ether

## Summary
- Name change from 180 Life Sciences Corp. to ETHZilla Corp. effective Aug 18; tickers ETHZ and ETHZW replace ATNF and ATNFW on Nasdaq.
- Company raised ~$565M in gross proceeds from PIPE ($425M) and convertible note ($156.25M).
- Acquired 94,675 ETH at avg. $3,902.20, now valued at ~$419M; holds ~$187M USD cash equivalents.
- Electric Capital appointed external asset manager for on-chain yield strategy targeting outperformance of ETH staking.
- Over 60 institutional and crypto-native investors participated, including Harbour Island, Polychain Capital, and Ethereum ecosystem founders.

## SEC filing metadata
- accession: 0001213900-25-077719
- form_type: 8-K
- ticker: FRMM
- cik: 0001690080
- company_name: FORUM MARKETS Inc
- filed_at: 2025-08-18T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1690080/000121390025077719/0001213900-25-077719-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1690080/000121390025077719/ea0253416-8k_ethzilla.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-077719
- JSON: https://secwatch.observer/filing/0001213900-25-077719.json
- Plain text: https://secwatch.observer/filing/0001213900-25-077719.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.