ETHZilla issues 1.94M shares on exercise of pre-funded warrants at $0.0001/share

FORUM MARKETS Inc

On Aug 14, 2025, warrants for 1,658 shares at $2.65 exercised for cash.
On Aug 19, 2025, pre-funded warrants for 1,940,112 shares at $0.0001 exercised; shares being issued.
Total shares issued ~1,941,770; exercises exempt under Section 4(a)(2) for accredited investors.
Pre-funded warrant exercise at near-zero price implies substantial dilution for existing holders.

item 3.02

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.