---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-044927"
form_type: "8-K"
ticker: "FRMM"
cik: "0001690080"
company_name: "FORUM MARKETS Inc"
filed_at: "2026-04-17T23:59:59+00:00"
generated_at: "2026-05-15T05:32:10.561144+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# FRMM Board reinitiates buyback, forms special committee to evaluate value-maximizing proposals

## Summary
- Reinitiated share repurchase program effective April 15, 2026; Board authorized repurchases possibly exceeding Rule 10b-18 safe harbor.
- Special Committee of independent directors (Angela Dalton, Michael Edwards, Jason New) formed to evaluate proposals to close gap between market cap and intrinsic value.
- Special Committee authorized to explore mergers, acquisitions, sale of company, partnerships, or return of capital to shareholders.
- Retained Clear Street LLC as independent financial advisor to support evaluation and transaction structuring.
- Forum continues to execute business plan and pursue revenue and cash flow growth during this process.

## SEC filing metadata
- accession: 0001213900-26-044927
- form_type: 8-K
- ticker: FRMM
- cik: 0001690080
- company_name: FORUM MARKETS Inc
- filed_at: 2026-04-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1690080/000121390026044927/0001213900-26-044927-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1690080/000121390026044927/ea0286791-8k_forum.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-044927
- JSON: https://secwatch.observer/filing/0001213900-26-044927.json
- Plain text: https://secwatch.observer/filing/0001213900-26-044927.txt

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