{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-097483","form_type":"8-K","ticker":"FRMM","cik":"0001690080","company_name":"FORUM MARKETS Inc","filed_at":"2025-10-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.152913+00:00","generated_at":"2026-05-17T04:19:26.896265+00:00","sec_items":["3.03","5.03","5.02","5.07","7.01","8.01","9.01"],"event_type":"leadership","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"ETHZilla stockholders OK 5B authorized shares, equity plans, convertible issuance; Jason New joins board","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-097483","json":"https://secwatch.observer/filing/0001213900-25-097483.json","markdown":"https://secwatch.observer/filing/0001213900-25-097483.md","text":"https://secwatch.observer/filing/0001213900-25-097483.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1690080/000121390025097483/0001213900-25-097483-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1690080/000121390025097483/ea0260653-8k_ethzilla.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T04:19:26.896265+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"97fa700966316eb906ffa14d3bca2141b52bf02a","claim":"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).","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1690080/000121390025097483/0001213900-25-097483-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2025-10-08"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}