8legs: Securities and exchange commission

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Forum Markets reinitiates buyback, forms independent special committee and hires Clear Street

Forum Markets reinitiated its share repurchase program and formed an independent Special Committee to evaluate value-maximizing proposals.
The board authorized buybacks potentially exceeding Rule 10b-18 volumes, signaling a stronger capital return plan.
A Special Committee of independent directors will evaluate proposals to close valuation gaps and consider strategic options.
The committee is empowered to consider mergers, sales, partnerships, or capital returns if valuations don’t meet thresholds.
Clear Street remains as an independent financial advisor to provide valuation analysis and support counterparty evaluation.
Forum Markets will continue executing its business plan and pursuing revenue and cash flow growth during the review process.
The summary notes the content is AI-generated and should be verified against the SEC filings.
Forum Markets’ strategy includes pursuing value-maximizing proposals through independent evaluation.
The news is sourced from TradingView News, emphasizing U.S. stocks and the FRMM ticker.
The report notes the original SEC filing as FORUM MARKETS Inc [ FRMM ] - 8-K - Apr. 17, 2026.

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