secwatch.observer — SEC 8-K summary
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Issuer:     FORUM MARKETS Inc (FRMM)
CIK:        0001690080
Form:       8-K
Filed at:   2025-10-08T23:59:59+00:00
Accession:  0001213900-25-097483
Event type: leadership
Sentiment:  negative
Materiality: 0.75
Item codes: 3.03, 5.03, 5.02, 5.07, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ETHZilla stockholders OK 5B authorized shares, equity plans, convertible issuance; Jason New joins board
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1690080/000121390025097483/0001213900-25-097483-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1690080/000121390025097483/ea0260653-8k_ethzilla.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-097483

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