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Recent Updates — FRMM

August 21, 2026View Source ↗

Forum Markets, Incorporated announced that Crystal Heter resigned from its Board of Directors and all committee memberships effective August 19, 2026. The resignation was not due to disagreements regarding operations or strategy but resulted from Ms. Heter's appointment as President and CEO of Tallgrass Energy, LP on March 27, 2026. This departure is a routine executive transition without material impact on the company's value or risk profile. Forum Markets operates in the financial technology sector, providing market data and analytics solutions.

July 30, 2026View Source ↗

On July 28, 2026, Forum Markets, Incorporated acquired a CFM56-7B aircraft engine for $11.65 million in cash through its subsidiary Eurus Aerospace Token I LLC. Concurrently, the company leased the asset to a major airline and entered into a servicing agreement with Aero Engine Solutions, Inc., which includes purchase options for both parties contingent on lease termination or expiration. Forum Markets operates in the aerospace equipment leasing industry.

July 1, 2026View Source ↗

Forum Markets, Inc. entered into a Second Amendment to its Series B-3 Preferred Stock Purchase Agreement with Zippy, Inc. to modify the timing and measurement of its Final Make Whole Amount obligation. The amendment replaces a single true-up date of June 30, 2026, with a trifurcated framework of three separate measurement and payment dates: July 31, 2026, September 30, 2026, and December 31, 2026. This change aims to spread the risk associated with common stock performance and greater flexibility for both parties. Forum Markets, Inc. operates in the financial services industry and provides market infrastructure or trading platform services.

June 30, 2026View Source ↗

Forum Markets, Incorporated's Board of Directors approved an amendment to its existing share repurchase program, extending its termination date to June 30, 2027, and adding authorization for derivative transactions. The aggregate repurchase authorization was reduced from $250 million to $100 million. Forum Markets, Incorporated is a financial services company providing market infrastructure and a variety of trading-related services.