$FRMM·8-K

FORUM MARKETS Inc · Jul 30, 8:00 AM ET

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FORUM MARKETS Inc 8-K

Research Summary

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FORUM MARKETS Inc Acquires Aircraft Engine, Places It on Lease

What Happened
FORUM MARKETS Inc (Item 1.01) announced that, through its newly formed wholly‑owned subsidiary Eurus Aerospace Token I LLC, it acquired one CFM56-7B aircraft engine (including parts and records) from Aero Engine Solutions, Inc. The acquisition was made under an Engine Sale and Purchase Agreement dated July 27, 2026, the Engine was acquired on July 28, 2026 for a purchase price of $11.65 million payable in cash, and was placed on lease under an Aircraft Engine Lease Agreement dated July 29, 2026 with a major airline as lessee. Forum and Aero Engine also entered a Servicing Agreement Supplement (dated July 27, 2026) under which Aero Engine will manage the Engine during the lease for a servicing fee and the parties have certain post‑lease purchase option rights subject to engine condition.

Key Details

  • Buyer/subsidiary: Eurus Aerospace Token I LLC (new wholly‑owned subsidiary of Forum Markets).
  • Seller/servicer: Aero Engine Solutions, Inc.; Purchase Agreement dated July 27, 2026; Engine acquired July 28, 2026.
  • Purchase price: $11.65 million, payable in cash.
  • Lease: Aircraft Engine Lease Agreement dated July 29, 2026 with a major airline (lessee); Servicing Agreement provides for management fees and mutual option rights to buy/sell the Engine after lease expiration, conditioned on engine condition.
  • Exhibit filed: Engine Sale and Purchase Agreement included as Exhibit 10.1 to the 8‑K (certain confidential portions and schedules omitted as permitted).

Why It Matters
This filing shows Forum acquiring a revenue‑producing aviation asset and immediately placing it on lease, which may generate near‑term lease income and shifts operational management to a specialist servicer. The $11.65M cash purchase is a material use of funds disclosed in the 8‑K; investors should watch future filings for how the acquisition is reflected on Forum’s balance sheet, any financing disclosures, and the financial impact of lease revenue and servicing fees.

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