{"filing":{"accession_number":"0001213900-26-074215","cik":"0001690080","ticker":"FRMM","company_name":"FORUM MARKETS Inc","form":"8-K","filing_date":"2026-07-01","report_date":null,"primary_document":"ea0296636-8k_forum.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1690080/000121390026074215/ea0296636-8k_forum.htm"},"events":[{"id":15451,"run_id":13781,"accession_number":"0001213900-26-074215","anchor_item_number":"1.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.75,"summary":"Forum Markets entered into Side Letter Amendment No. 2 on June 30, 2026, amending the Series B-3 Preferred Stock Purchase Agreement with Zippy, Inc. This amendment materially restructures the payment and measurement framework for the \"Final Make Whole Amount\" from a single true-up date to a trifurcated framework with three separate measurement and payment dates (July 31, September 30, and December 31, 2026), with corresponding sell periods and cash payment obligations. While technically an amendment to an existing agreement rather than a new transaction, the filing is disclosed under Item 1.01 (Entry into a Material Definitive Agreement), and the restructuring of payment obligations and stock consideration mechanics constitutes a material modification to the underlying strategic partnership and capital structure arrangement. The amendment affects the timing, measurement, and risk allocation of a significant financial obligation tied to the Company's stock performance.","company_name":"FORUM MARKETS Inc","ticker":"FRMM","filing_date":"2026-07-01","form":"8-K","submitted_at":null,"items":[{"id":13221,"accession_number":"0001213900-26-074215","item_number":"1.01","item_title":"Entry into","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.75,"reasoning":"Forum Markets entered into Side Letter Amendment No. 2 on June 30, 2026, amending the Series B-3 Preferred Stock Purchase Agreement with Zippy, Inc. This amendment materially restructures the payment and measurement framework for the \"Final Make Whole Amount\" from a single true-up date to a trifurcated framework with three separate measurement and payment dates (July 31, September 30, and December 31, 2026), with corresponding sell periods and cash payment obligations. While technically an amendment to an existing agreement rather than a new transaction, the filing is disclosed under Item 1.01 (Entry into a Material Definitive Agreement), and the restructuring of payment obligations and stock consideration mechanics constitutes a material modification to the underlying strategic partnership and capital structure arrangement. The amendment affects the timing, measurement, and risk allocation of a significant financial obligation tied to the Company's stock performance.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-01T20:03:13.785806+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":13221,"accession_number":"0001213900-26-074215","item_number":"1.01","item_title":"Entry into","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.75,"reasoning":"Forum Markets entered into Side Letter Amendment No. 2 on June 30, 2026, amending the Series B-3 Preferred Stock Purchase Agreement with Zippy, Inc. This amendment materially restructures the payment and measurement framework for the \"Final Make Whole Amount\" from a single true-up date to a trifurcated framework with three separate measurement and payment dates (July 31, September 30, and December 31, 2026), with corresponding sell periods and cash payment obligations. While technically an amendment to an existing agreement rather than a new transaction, the filing is disclosed under Item 1.01 (Entry into a Material Definitive Agreement), and the restructuring of payment obligations and stock consideration mechanics constitutes a material modification to the underlying strategic partnership and capital structure arrangement. The amendment affects the timing, measurement, and risk allocation of a significant financial obligation tied to the Company's stock performance.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-01T20:03:13.785806+00:00","company_name":"FORUM MARKETS Inc","ticker":"FRMM","filing_date":"2026-07-01"}]}
