Forum Markets acquires CFM56-7B engine for ~$12M, expanding aviation portfolio to four engines

FORUM MARKETS Inc

Acquired one CFM56-7B22 engine from Aero Engine Solutions for $11.65M cash; placed on lease with major airline.
Engine is fourth in aviation portfolio; expects to close on fifth engine in coming weeks.
Lease expected to produce fixed monthly revenue plus usage fees; total returns projected at double digits annually including residual value.
Servicing agreement with Aero Engine Solutions includes option for company to require purchase or sell engine after lease.
Forum intends to explore pooling engines for tokenized offerings to investors.

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