FORUM MARKETS Inc 8-K

What Happened

• FORUM MARKETS, Incorporated announced it filed a Certificate of Elimination with the Delaware Secretary of State on April 23, 2026, eliminating the designations, preferences, limitations and relative rights of its Series B Convertible Preferred Stock. The Certificate of Elimination became effective at 12:01 a.m. on April 24, 2026. The original Certificate of Designations had been filed on September 20, 2024.

Key Details

• Certificate of Elimination filed with Delaware Secretary of State on April 23, 2026; effective April 24, 2026 at 12:01 a.m.
• As of filing, no shares of the Series B Convertible Preferred Stock were issued or outstanding.
• The company stated no shares will be issued under the prior Certificate of Designations.
• The Certificate of Elimination is included in the 8-K filing (see Exhibit 3.1).

Why It Matters

• Removing the Series B designations means the previously established terms for that preferred stock no longer exist under the company’s charter. Because no Series B shares were ever issued, there is no immediate change to the current outstanding equity or ownership. Investors should view this as a corporate-structuring change that eliminates the prior potential framework for issuing those specific preferred shares.