leadership
confidence high
sentiment negative
materiality 0.75
ETHZilla stockholders OK 5B authorized shares, equity plans, convertible issuance; Jason New joins board
FORUM MARKETS Inc
- Stockholders approved increase in authorized common shares from 1B to 5B; amendment filed Oct 8.
- Approved 2025 Omnibus Incentive Plan: initial 50M shares plus annual 10% evergreen through 2035.
- Approved 2025 Supplemental Plans: 9,197,614 options at $2.92 and 1,814,221 at $3.01 now exercisable.
- Approved convertible note issuance removing exchange cap; principal convertible into 51,229,508 shares at $3.05 per share.
- Jason New appointed to board; Vice Chairman at Lazard, former co-founder of NovaWulf Management.
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