Recent 8-K filings for FRMM

• May 14, 2026 12:13 UTC earnings materiality 0.75 negative item 2.02item 9.01

  Forum Markets Q1 net loss $77.5M, revenue $2.9M; cuts 2026 AUM & revenue outlook; buyback $25M

  Revenue $2.9M from aircraft engine leases ($1.1M) and staking ($1.8M); net loss $77.5M on digital asset losses.

• Apr 29, 2026 23:59 UTC other_material materiality 0.75 positive item 7.01item 9.01

  Forum Markets repurchases 5.65M shares (~28% of outstanding) for $24.1M since April 15

  Repurchased and cancelled 5,647,351 shares at avg $4.26/share, total cost ~$24.07M funded from existing cash.

• Apr 24, 2026 23:59 UTC other_material materiality 0.20 neutral item 3.03item 5.03item 9.01

  Forum Markets eliminates Series B Convertible Preferred Stock designation

  Filed Certificate of Elimination with Delaware on April 23, 2026, effective April 24, 2026.

• Apr 17, 2026 23:59 UTC other_material materiality 0.65 neutral item 7.01item 8.01item 9.01

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

  Reinitiated share repurchase program effective April 15, 2026; Board authorized repurchases possibly exceeding Rule 10b-18 safe harbor.

• Apr 08, 2026 23:59 UTC other_material materiality 0.20 neutral item 1.01item 9.01

  Forum Markets amends ATM sales agreement, transitions back to prior registration statement

  Ceased sales under WKSI Registration Statement; future sales will be under June Registration Statement and Initial Prospectus Supplement.

• Apr 08, 2026 23:59 UTC other_material materiality 0.55 positive item 8.01item 9.01

  Forum Markets to deploy $25-50M in AI chip bridge loans targeting mid-teens returns

  Partners with third-party originator and USD.AI to provide short-term bridge loans for NVIDIA GPU acquisitions.

• Apr 03, 2026 23:59 UTC other_material materiality 0.50 neutral item 5.02item 9.01

  Forum Markets grants CEO Rudisill $5.18M in equity awards, CFO Saunders $750K

  CEO McAndrew Rudisill receives initial award worth $4,285,500 and 2025 pro-rated award $898,194.

• Mar 31, 2026 23:59 UTC earnings materiality 0.70 neutral item 2.02item 9.01

  Forum Markets reports FY 2025 rev $6.5M, net loss $450.5M; guides FY 2026 rev $18-26M

  FY 2025 revenue $6.5M; Q4 revenue $2.4M; net loss from continuing ops $450.5M primarily from non-recurring stock-based comp.

• Mar 27, 2026 23:59 UTC other_material materiality 0.60 neutral item 1.01item 2.01item 9.01

  Forum Markets launches $150M revolving loan purchase program, acquires $1.4M in initial loans

  Up to $150M five-year revolving commitment to purchase manufactured home chattel loans from Zippy Loans.

• Mar 13, 2026 23:59 UTC other_material materiality 0.65 positive item 1.01item 7.01item 8.01item 9.01

  Forum Markets establishes $10M auto loan warehouse facility, sells 4,200 ETH since Feb 4

  Subsidiary ETHZilla Auto Loans entered a $10M revolving warehouse facility with Anchored Finance to fund auto loans from Automatic USA.

• Feb 26, 2026 23:59 UTC other_material materiality 0.40 neutral item 5.03item 7.01item 8.01item 9.01

  ETHZilla rebrands to Forum Markets, Nasdaq ticker changes to FRMM March 2

  Name changed from ETHZilla Corporation to Forum Markets, Incorporated effective Feb 25, 2026.

• Feb 12, 2026 23:59 UTC other_material materiality 0.60 positive item 5.03item 7.01item 9.01

  ETHZilla subsidiary launches Eurus Aero Token I, tokenized jet engine lease offering up to $11.9M

  ETHZilla Aerospace LLC launches Eurus Aero Token I, offering accredited investors exposure to jet engine lease cash flows.

• Feb 05, 2026 23:59 UTC other_material materiality 0.60 neutral item 1.01item 2.01item 9.01item 5.02item 7.01

  ETHZilla buys 95 manufactured home loans for $4.7M; yield 10.36%; plans tokenization

  Acquired 95 manufactured/modular home loans for $4,674,595 (104% of principal) with a 10.36% annualized yield.

• Jan 23, 2026 23:59 UTC m_and_a materiality 0.60 neutral item 2.01item 9.01

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

  Acquired two CFM56-7B24 aircraft engines for $12.2M cash from Avean Engine Solutions, LLC.

• Dec 30, 2025 23:59 UTC other_material materiality 0.80 neutral item 1.02item 8.01

  ETHZilla redeems $516M principal of convertible notes at 117% premium on Dec 30, 2025

  Redeemed all $516,148,000 principal of convertible notes at 117% (plus $87.7M premium and $1.8M accrued interest).

• Dec 19, 2025 23:59 UTC other_material materiality 0.75 neutral item 5.02item 7.01item 8.01item 9.01

  ETHZilla sells 24,291 ETH for $74.5M; plans to redeem convertible notes

  Sold 24,291 ETH for $74.5M at avg $3,068.69 per ETH.

• Dec 16, 2025 23:59 UTC other_material materiality 0.75 positive item 5.07item 8.01

  ETHZ stockholders approve convertible note issuance; company plans to redeem notes by Dec 30

  Stockholders voted 9.1M for, 3.6M against to approve issuance of shares underlying convertible notes without exchange cap.

• Dec 10, 2025 23:59 UTC m_and_a materiality 0.65 positive item 7.01item 9.01

  ETHZilla acquires 15% stake in Zippy for $21.1M to tokenize manufactured home loans

  ETHZilla paid $5M cash + $14M common stock to Zippy + $2.1M stock to Zippy shareholders for 15% fully-diluted stake.

• Dec 10, 2025 23:59 UTC debt materiality 0.75 positive item 1.01item 7.01item 9.01

  ETHZilla agrees to redeem $516M in convertible notes at 117% of principal by Dec 30, 2025

  Redemption price is 117% of ~$516M aggregate principal plus accrued interest and other amounts.

• Dec 10, 2025 23:59 UTC m_and_a materiality 0.85 positive item 1.01item 2.01item 3.02item 8.01item 9.01

  ETHZilla acquires 15% stake in Zippy for $19M (cash + stock); tokenization and board rights

  Paid $5M cash + 1,333,332 shares of ETHZ common valued at $10.50/share ($14M) for 2,905,064 Series B-3 Preferred shares of Zippy.

• Dec 03, 2025 23:59 UTC m_and_a materiality 0.75 positive item 1.01item 2.01item 3.02item 7.01item 9.01

  ETHZilla acquires 20% stake in Karus for $10M; plans AI-driven auto loan tokenization

  Consideration: $3M cash + $7M in ETHZ common stock (453,721 + 181,488 shares) for 20% fully-diluted interest in Karus.

• Dec 01, 2025 23:59 UTC other_material materiality 0.65 negative item 5.02item 9.01

  ETHZilla rescinds Nov 12 restricted stock awards to CEO and directors after shareholder feedback

  Board and Compensation Committee rescinded all restricted stock awards granted to CEO McAndrew Rudisill and each director on Nov 12, 2025, effective immediately.

• Nov 25, 2025 23:59 UTC other_material materiality 0.60 positive item 8.01

  ETHZilla cancels 2.1M treasury shares repurchased at avg $22.04, outstanding reduced to 19.3M

  Cancelled 2,099,741 treasury shares previously repurchased under a board-approved program.

• Nov 14, 2025 23:59 UTC earnings materiality 0.70 neutral item 2.02item 5.02item 9.01

  ETHZilla Q3 revenue $4.1M from staking; John Saunders named CFO

  Revenue $4.1M from ETH staking and incentives; adjusted EBITDA $8.5M; net loss $208.7M from non-cash items.

• Oct 29, 2025 23:59 UTC other_material materiality 0.10 neutral item 7.01item 9.01

  ETHZilla updates corporate presentation for ThinkEquity Conference; no new financial data disclosed.

  Investor presentation posted on company website ir.ethzilla.com on October 29, 2025.

• Oct 27, 2025 23:59 UTC other_material materiality 0.75 positive item 7.01item 8.01item 9.01

  ETHZilla sells $40mm ETH to fund share buybacks; repurchased 600k shares for $12mm since Oct 24

  Sold $40 million of ETH on Oct 24; net proceeds to be used for share repurchases.

• Oct 23, 2025 23:59 UTC m_and_a materiality 0.85 positive item 1.01item 2.01item 3.02item 7.01item 9.01

  ETHZilla acquires 15% stake in Satschel for $15M in cash and stock

  ETHZilla invested $5 million cash and $10 million in restricted common stock for 15% of Satschel, owner of Liquidity.io ATS.

• Oct 15, 2025 23:59 UTC other_material materiality 0.60 neutral item 3.03item 5.03item 5.07item 8.01item 9.01

  ETHZilla announces 1-for-10 reverse stock split effective Oct 20, 2025

  Reverse split at 1-for-10 ratio reduces outstanding shares from ~160M to ~16M.

• Oct 08, 2025 23:59 UTC leadership materiality 0.75 negative item 3.03item 5.03item 5.02item 5.07item 7.01item 8.01item 9.01

  ETHZilla stockholders OK 5B authorized shares, equity plans, convertible issuance; Jason New joins board

  Stockholders approved increase in authorized common shares from 1B to 5B; amendment filed Oct 8.

• Sep 30, 2025 23:59 UTC other_material materiality 0.65 neutral item 7.01item 8.01item 9.01

  ETHZilla discloses 102,273 ETH (≈$404M) and $569M cash as of Sep 26, 2025

  Total ETH & ETH equivalents: 102,273, valued at approx $404 million.

• Sep 25, 2025 23:59 UTC debt materiality 0.90 negative item 1.01item 2.03item 3.02item 3.03item 7.01item 8.01item 9.01

  ETHZilla issues $350M convertible notes, amends terms; reports buyback and $462M in ETH

  Issued $350M New Convertible Notes on Sept 23, 2025 at 97.25% of principal; 2% interest, matures Sept 23, 2028.

• Sep 22, 2025 23:59 UTC debt materiality 0.85 neutral item 1.01item 2.03item 3.02item 3.03item 7.01item 8.01item 9.01

  ETHZilla issues $350M convertible notes, repurchases 0.5M shares in week

  New $350M principal convertible notes at 2% annual interest, issued at 97.25% of face value.

• Sep 19, 2025 23:59 UTC leadership materiality 0.60 neutral item 5.02item 9.01

  ETHZilla director Stephen Shoemaker resigns; CEO Rudisill enters new employment agreement

  Stephen H. Shoemaker resigned from the board on Sept 15, 2025, not due to any disagreement with the company.

• Sep 15, 2025 23:59 UTC other_material materiality 0.70 neutral item 7.01item 8.01item 9.01

  ETHZilla updates on $250M buyback, draws $50M from ETH-backed facility, holds 102K ETH

  Board authorized $250M stock repurchase program on Aug 22, 2025; repurchased ~6.0M shares in Sep at avg $2.50/share.

• Sep 08, 2025 23:59 UTC other_material materiality 0.70 positive item 1.01item 2.03item 7.01item 8.01item 9.01

  ETHZilla secures $80M collateralized ETH loan, appoints McAndrew Rudisill CEO

  Entered $80M OTC transaction with Cumberland DRW at 9.90% forward rate, collateralized by ~$125M ETH, settlement Dec 8, 2025.

• Sep 05, 2025 23:59 UTC leadership materiality 0.60 neutral item 1.01item 5.02item 1.02item 8.01item 9.01

  CEO Blair Jordan resigns; McAndrew Rudisill appointed CEO; $1.35M separation cash payment

  Blair Jordan resigned as CEO, director and Secretary effective Sept 4, 2025; replaced by Executive Chairman McAndrew Rudisill.

• Sep 02, 2025 23:59 UTC other_material materiality 0.60 neutral item 7.01item 8.01item 9.01

  ETHZilla to deploy $100M in ETH to EtherFi for liquid restaking; holds 102,246 ETH (~$456M)

  Plans to deploy ~$100M of ETH to EtherFi, a liquid restaking protocol, to generate higher yields on treasury holdings.

• Aug 25, 2025 23:59 UTC other_material materiality 0.90 neutral item 1.01item 9.01

  ETHZilla enters up to $10B ATM equity sales agreement with Clear Street LLC

  Up to $10.0 billion of common stock may be sold at-the-market through Clear Street as agent

• Aug 25, 2025 23:59 UTC other_material materiality 0.75 positive item 7.01item 8.01item 9.01

  ETHZilla authorizes $250M stock buyback; holds 102,237 ETH ($489M) as of Aug 24

  Board authorized up to $250M stock repurchase program, effective immediately, expiring June 30, 2026 or earlier if fully utilized or discontinued.

• Aug 21, 2025 23:59 UTC debt materiality 0.90 neutral item 3.02item 1.01item 2.03item 5.02item 3.03item 7.01item 8.01item 9.01

  ETHZilla enters $156.25M convertible note deal with institutional investor

  ETHZilla issued $156.25M senior secured convertible notes at 96% of principal to an institutional investor, closing Aug 8, 2025.

• Aug 21, 2025 23:59 UTC other_material materiality 0.75 negative item 3.02

  ETHZilla issues 1.94M shares on exercise of pre-funded warrants at $0.0001/share

  On Aug 14, 2025, warrants for 1,658 shares at $2.65 exercised for cash.

• Aug 18, 2025 23:59 UTC other_material materiality 0.85 neutral item 1.01item 3.02item 8.01item 3.20item 5.02item 7.01item 9.01

  ETHZilla closes $2.65/share private placement, issues ~144M shares; appoints new directors

  Private Placement closed at $2.65/share: 143.9M shares + 17.5M pre-funded warrants sold to institutional investors.

• Aug 18, 2025 23:59 UTC other_material materiality 0.80 positive item 7.01item 9.01

  180 Life Sciences rebrands as ETHZilla, begins trading under ETHZ, holds $419M in Ether

  Name change from 180 Life Sciences Corp. to ETHZilla Corp. effective Aug 18; tickers ETHZ and ETHZW replace ATNF and ATNFW on Nasdaq.

• Aug 14, 2025 23:59 UTC other_material materiality 0.85 negative item 1.01item 3.02item 9.01

  180 Life Sciences enters $500M at-the-market stock sale agreement with Clear Street

  Entered into Sales Agreement with Clear Street LLC to sell up to $500M of common stock in ATM offerings.

• Aug 13, 2025 23:59 UTC other_material materiality 0.60 neutral item 3.02item 5.03item 8.01item 9.01

  180 Life Sciences to rename as ETHZilla Corp, tickers to ETHZ/ETHZW on Aug 18

  Warrant exercises Aug 8-13 raise ~$4.5M from ~2.44M shares at $1.50-$2.65 per share.

• Aug 12, 2025 23:59 UTC other_material materiality 0.85 neutral item 7.01item 8.01item 9.01

  180 Life Sciences (dba ETHZilla) holds 82,186 ETH valued at $349M, launches institutional ETH accumulation strategy

  As of Aug 11, 2025, holds 82,186 ETH ($349M) at avg cost $3,806.71; also $238M in cash equivalents.

• Aug 11, 2025 23:59 UTC debt materiality 0.80 neutral item 1.01item 2.03item 3.02item 5.02item 3.03item 7.01item 8.01item 9.01

  180 Life Sciences closes $150M convertible note financing; appoints Executive Chairman

  Issued $156.25M senior secured convertible notes at 96% of par; conversion price $3.445, subject to reset after 9 months.

• Aug 05, 2025 23:59 UTC other_material materiality 0.80 neutral item 1.01item 3.02item 8.01item 3.20item 5.02item 7.01item 9.01

  180 Life Sciences closes $425M private placement to fund Ethereum treasury strategy

  Raised $425M gross via PIPE at $2.65 per share; closed Aug 4, 2025.

• Jul 30, 2025 23:59 UTC other_material materiality 0.85 negative item 1.01item 3.02item 5.02item 5.01item 7.01item 8.01item 9.01

  180 Life Sciences raises ~$470M equity, enters crypto treasury; Elray loses control

  Private placement of 160.4M shares at $2.65 plus pre-funded warrants for 16.8M shares; expected to close Aug 1, 2025.

• Jul 24, 2025 23:59 UTC other_material materiality 0.70 neutral item 3.03item 5.03item 5.02item 5.07item 9.01

  180 Life Sciences Stockholders Approve Increase in Authorized Shares and Equity Plan Amendments

  Stockholders approved increase in authorized common stock from 100M to 1B shares on July 24, 2025.

Executive changes

Earnings & guidance

Materiality & sentiment trend

Max materiality 0.90 · Median 0.70 · Most common event other_material

15 positive 7 negative 28 neutral

source · FRMM on sec.gov