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.

item 3.03 item 5.03 item 5.02 item 5.07 item 7.01 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

FORUM MARKETS Inc: Increased authorized shares of common stock from 1,000,000,000 to 5,000,000,000 via Certificate of Amendment to Second Amended and Restated Certificate of Incorporation (effective 2025-10-08).

Change: charter amendment
Effective: 2025-10-08

Exact text from the filing

On October 8, 2025, we filed a Certificate of Amendment to our Second Amended and Restated Certificate of Incorporation, as amended (the “ Certificate of Amendment ”) with the Secretary of State of the State of Delaware to increase the Company’s authorized number of shares of common stock, par value $0.0001 per share from one billion (1,000,000,000) shares to five billion (5,000,000,000) shares, which became effective when filed on October 8, 2025.

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Source: SEC EDGAR

accession 0001213900-25-097483

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