Forum Markets forms 51%-owned Forum Edge AI JV with Edge Node AI; sets 2027 revenue guidance of $125M-$175M

FORUM MARKETS Inc

Forum Edge AI LLC is 51% owned and solely managed by Forum Markets, 49% by Edge Node AI; Forum consolidates the JV's financial results.
Initial portfolio: ~2 MW running in Dallas scaling to ~4 MW by early 2027, a 9 MW High Point, N.C. campus with ~6 MW of GPUs energizing in Q1 2027, and one Texas tower site.
Full-year 2027 consolidated revenue guidance of $125M-$175M; no equity is being issued to stand up the initial deployment, which is funded by customer deposits and equipment financing.
Equity exchange: Forum issues ~1.46M shares (9.95% of the 13.2M shares outstanding as of Oct 2, 2026) to Edge Node AI on power/financing milestones, receiving 9.95% of Edge Node.
Tower agreements with SBA Communications (SBAC) and Tillman cover one initial Texas deployment expected by mid-2027; Forum expects to be cash flow positive in early 2027.

item 1.01 item 3.02 item 2.03 item 7.01 item 8.01 item 9.01

This headline and bullets were generated automatically by deepseek-v4.1-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.