---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-123877"
form_type: "8-K"
ticker: "FRMM"
cik: "0001690080"
company_name: "FORUM MARKETS Inc"
filed_at: "2025-12-19T23:59:59+00:00"
generated_at: "2026-05-16T12:35:29.601131+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ETHZilla sells 24,291 ETH for $74.5M; plans to redeem convertible notes

## Summary
- Sold 24,291 ETH for $74.5M at avg $3,068.69 per ETH.
- Currently holds ~69,800 ETH on balance sheet.
- Proceeds expected to redeem outstanding senior secured convertible notes.
- Appointed Angela Dalton (Signum Growth CEO) and Michael Edwards as independent directors.
- Board set to 7; Dalton on Audit and Compensation Chair, Edwards on Nominating.

## SEC filing metadata
- accession: 0001213900-25-123877
- form_type: 8-K
- ticker: FRMM
- cik: 0001690080
- company_name: FORUM MARKETS Inc
- filed_at: 2025-12-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1690080/000121390025123877/0001213900-25-123877-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1690080/000121390025123877/ea0270253-8k_ethzilla.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-123877
- JSON: https://secwatch.observer/filing/0001213900-25-123877.json
- Plain text: https://secwatch.observer/filing/0001213900-25-123877.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.