other_material
confidence high
sentiment positive
materiality 0.60
ETHZilla subsidiary launches Eurus Aero Token I, tokenized jet engine lease offering up to $11.9M
FORUM MARKETS Inc
- ETHZilla Aerospace LLC launches Eurus Aero Token I, offering accredited investors exposure to jet engine lease cash flows.
- Tokens priced at $100 each ($1,000 minimum); target return of ~11% over lease term; offering up to $11.9 million.
- Backed by two CFM56 commercial jet engines acquired for ~$12.2 million; leased to a leading US air carrier through 2028.
- Tokenization on Ethereum L2 via Liquidity.io; monthly cash distributions; engines currently unlevered.
- Bylaws amended to enhance stockholder nomination procedures and add federal forum selection provision (Item 5.03).
item 5.03item 7.01item 9.01