secwatch.observer — SEC 8-K summary
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Issuer:     FORUM MARKETS Inc (FRMM)
CIK:        0001690080
Form:       8-K
Filed at:   2026-01-23T23:59:59+00:00
Accession:  0001213900-26-006924
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1690080/000121390026006924/0001213900-26-006924-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1690080/000121390026006924/ea0273808-8k_ethzilla.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-006924

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer