---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-006924"
form_type: "8-K"
ticker: "FRMM"
cik: "0001690080"
company_name: "FORUM MARKETS Inc"
filed_at: "2026-01-23T23:59:59+00:00"
generated_at: "2026-05-16T08:27:07.383925+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# ETHZilla acquires two CFM56-7B24 aircraft engines for $12.2M from Avean Engine Solutions

## Summary
- Acquired two CFM56-7B24 aircraft engines for $12.2M cash from Avean Engine Solutions, LLC.
- Engines currently under lease with a major airline; leases assigned to ETHZilla.
- Entered Servicing Agreement with Aero Engine Solutions to manage engines for a monthly fee.
- Put/call options: ETHZilla can require Servicer to buy each engine for $3M; Servicer can require ETHZilla to sell for $3M.
- Economic closing date backdated to September 30, 2025; actual closing January 17, 2026.

## SEC filing metadata
- accession: 0001213900-26-006924
- form_type: 8-K
- ticker: FRMM
- cik: 0001690080
- company_name: FORUM MARKETS Inc
- filed_at: 2026-01-23T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1690080/000121390026006924/0001213900-26-006924-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1690080/000121390026006924/ea0273808-8k_ethzilla.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-006924
- JSON: https://secwatch.observer/filing/0001213900-26-006924.json
- Plain text: https://secwatch.observer/filing/0001213900-26-006924.txt

## Key facts
- M&A Transactions
  FORUM MARKETS Inc completed an acquisition involving Avean Engine Solutions, LLC, an affiliate of Aero Engine Solutions, Inc. for $12.2 million (closed 2026-01-17).
  - Action: acquisition
  - Counterparty: Avean Engine Solutions, LLC, an affiliate of Aero Engine Solutions, Inc.
  - Consideration: $12.2 million
  - Closing: 2026-01-17
  source text: Solutions, Inc., pursuant to the terms of an Engine Sale and Purchase Agreement dated January 12, 2026 (the “Purchase Agreement”). The Engines were acquired for an aggregate of $12.2 million, which was payable in cash, less certain deposits previously paid, and subject to adjustments which provided for the economic closing date to be September 30, 2025. The Engines
  evidence_url: https://www.sec.gov/Archives/edgar/data/1690080/000121390026006924/0001213900-26-006924-index.htm

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