Business Context and Reporting Period
Company: Forum Markets, Inc. (FRMM)
Filing Type: Form 8-K (Current Report)
Date of Report: April 23, 2026
Event Date: April 23, 2026 (Effective April 24, 2026)
The filing reports a material modification to the rights of security holders regarding the company's capital structure. Specifically, the Company filed a Certificate of Elimination with the Delaware Secretary of State to eliminate the Series B Convertible Preferred Stock.
Key Financial Metrics
This filing is a corporate governance report and does not contain financial performance data. The text does not provide values for revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes
- Elimination of Series B Preferred Stock: The Company formally eliminated the Designations, Preferences, Limitations, and Relative Rights of its Series B Convertible Preferred Stock, originally filed on September 20, 2024.
- Outstanding Shares: As of the filing date, no shares of Series B Convertible Preferred Stock were issued or outstanding.
- Future Issuance: No shares of this series will be issued subject to the previous Certificate of Designations.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, or outlook. It does not disclose specific risks or contingencies beyond the standard legal qualification that the summary is subject to the full text of the Certificate of Elimination (Exhibit 3.1).
Investor Verification Checklist
- Confirm that no Series B Convertible Preferred Stock remains outstanding or authorized for future issuance.
- Review Exhibit 3.1 (Certificate of Elimination) for any residual obligations or conditions attached to the elimination.
- Verify the effective time of the elimination (12:01 a.m. on April 24, 2026) for any transactional timing implications.