FORUM MARKETS Inc 8-K

What Happened

• On April 17, 2026, FORUM MARKETS, Incorporated (FRMM) filed an 8-K and issued a press release announcing three principal actions: the reinitiation of the company’s share repurchase program, the formation of a Special Committee made up entirely of independent Board members to evaluate proposals to maximize shareholder value, and the retention of Clear Street LLC as the Company’s independent financial advisor. The company is formerly known as ETHZilla Corporation (and formerly 180 Life Sciences Corp.).

Key Details

• Press release and disclosures were filed on April 17, 2026 (8-K, Item 7.01 / Item 8.01).
• The Special Committee is comprised solely of independent directors of the Board.
• Clear Street LLC was retained as the Company’s independent financial advisor to assist the Special Committee.
• The Company reinitiated its share repurchase program (no dollar amount disclosed in the filing).

Why It Matters

• A resumed share repurchase program can reduce outstanding shares and potentially support per-share metrics and share price, signaling the Board believes buybacks may enhance shareholder value.
• Establishing an independent Special Committee and hiring an independent financial advisor indicates the Board is actively evaluating strategic alternatives or proposals with governance safeguards for impartial review.
• For investors, these moves suggest management and the Board are taking steps to pursue options to maximize shareholder value; however, the filing does not provide terms, timelines, or financial details of repurchases or any specific transaction.