Every 8-K that ETHZilla Corporation Warrant (ETHZW) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow ETHZW and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ETHZW filings page.
Forum Markets, Incorporated reported its first meaningful quarter of operations, generating Q1 2026 revenue of $2.9 million from real-world asset and financing activities. Despite this, the company posted a net loss from continuing operations of $77.5 million, driven largely by fair value changes in receivables, digital assets and derivative liabilities, leading to Adjusted EBITDA of $(76.0) million.
As of March 31, 2026, Forum held cash and cash equivalents of $65.9 million and total assets of $207.6 million, with stockholders’ equity of $168.3 million. Management highlighted a significant share repurchase program, using about $25 million to retire 5.8 million shares, and now expects a moderately slower near-term AUM growth trajectory while reaffirming its 2027 revenue outlook.
The company positions itself as a digital asset platform focused on tokenizing institutional-grade, yield-generating real-world assets, including new AI infrastructure bridge-financing backed by NVIDIA GPUs. It continues to invest heavily in platform build-out, multi-channel distribution and institutional partnerships to support its long-term tokenization and yield strategy.
Forum Markets, Incorporated provided an update on its share repurchase program, which was reinitiated effective April 15, 2026. Since then, the company has repurchased and cancelled approximately 5,647,351 shares of common stock at an average price of about $4.26 per share, for a total cost of roughly $24.1 million funded with existing cash.
All repurchased shares have been retired and are no longer outstanding, leaving about 14,649,582 shares of common stock issued and outstanding as of April 28, 2026. The company states that additional repurchases may continue through open market purchases, privately negotiated transactions, or other methods, subject to law, market conditions, and its financial position.
Forum Markets, Incorporated filed a Form 8-K to report a change in its capital structure. On April 23, 2026, the company filed a Certificate of Elimination in Delaware, removing the previously authorized Series B Convertible Preferred Stock from its charter.
As of the filing date, no shares of this Series B preferred were issued or outstanding, and the company states that no shares will be issued under that prior designation. The Certificate of Elimination became effective at 12:01 a.m. on April 24, 2026, and the full text is included as an exhibit.
Forum Markets, Incorporated entered into a Second Amended and Restated Sales Agreement with Clear Street LLC and TCBI Securities, Inc. d/b/a Texas Capital Securities. This agreement ends sales of common stock under the prior WKSI registration statement and prospectus supplement and returns the at-the-market program to the earlier Form S-3 registration statement and initial prospectus supplement. The company states there were no other material changes to the prior amended sales agreement.
Forum Markets, Incorporated approved new equity awards for its CEO, McAndrew Rudisill, and CFO, John Saunders, to tie their compensation more closely to long-term share performance. Each package mixes performance stock units and restricted stock units granted under the 2025 Omnibus Incentive Plan.
Mr. Rudisill received a one-time initial equity award valued at $4,285,500 and a pro-rated 2025 annual award valued at $898,194, while Mr. Saunders received an equity award valued at $750,000. Sixty percent of each award is in performance stock units that vest only if share price hurdles of $5.00, $7.50, and $10.00 are met within five years, and after minimum time-based vesting periods.
The remaining restricted stock units vest in three equal installments on the first, second, and third anniversaries of August 1, 2025, contingent on continued employment. The awards include protections on termination without cause and accelerated vesting mechanics in connection with a qualifying change in control, further reinforcing retention objectives for the senior leadership team.
Forum Markets, Incorporated reported its first meaningful revenue as a digital asset and real‑world asset tokenization platform, generating GAAP revenue of $2.4 million in Q4 2025 and $6.5 million for full year 2025. Despite this ramp, heavy operating and non‑cash items drove a full‑year net loss from continuing operations of $443.5 million, or $(54.32) per basic share, and an Adjusted EBITDA loss of $218.5 million. The balance sheet expanded sharply, with total assets of $306.3 million at year‑end, including $61.6 million of digital assets and $181.0 million of staking receivables, against total liabilities of $66.9 million. Management highlighted 2025 as a foundation‑building year and issued 2026 revenue guidance of $18–$26 million and a 2027 AUM target of $300–$400 million, aiming to move toward positive cash flow in 2027 as yield, tokenization fees, and asset management economics develop.
Forum Markets, Incorporated, formerly ETHZilla Corporation, has formally changed its corporate name and brand as part of its strategic evolution into a digital asset platform focused on tokenizing institutional-grade real-world assets on Ethereum.
The name change became effective on February 25, 2026, with the Nasdaq ticker expected to switch from ETHZ to FRMM at the market open on March 2, 2026. The company states that stockholder rights are unchanged and no stockholder action is required, and the CUSIP remains the same.
Forum launched a new website at www.forum-markets.com, where investors can access SEC filings, governance documents, and code of ethics updates. The company highlights recent steps in its tokenization strategy, including Eurus Aero Token I and the acquisition of manufactured and modular home loans it plans to tokenize into income-generating products.
ETHZilla Corporation filed an 8-K detailing corporate governance changes and a new tokenized aviation investment product. The board adopted Fourth Amended and Restated Bylaws effective February 11, 2026, tightening and clarifying rules for stockholder director nominations and other meeting business in light of SEC universal proxy rules.
The bylaws also expand the board’s ability to postpone, cancel, or reschedule stockholder meetings and add a federal forum selection clause for Securities Act claims. Separately, subsidiary ETHZilla Aerospace LLC launched the Eurus Aero Token I, a tokenized instrument backed by two CFM56 jet engines acquired for about $12.2 million, with a maximum intended offering size of roughly $11.9 million and a target return of about 11% for accredited investors.
ETHZilla Corporation has acquired a portfolio of manufactured home and modular home loans and reshaped part of its crypto holdings to fund the deal. Through newly formed subsidiary ETHZilla Modular Mortgage LLC, the company bought 95 loans and related first‑lien mortgages from Zippy Manufactured Home Credit Fund I L.P. for $4,674,595, equal to 104% of their outstanding principal as of January 29, 2026. The loans currently yield about 10.36% per year and will be serviced by an affiliate of the seller.
To finance this purchase and other assets, ETHZilla sold 3,965.83 Ether at an average price of $3,173.67, generating gross proceeds of $12.58 million, and now holds 65,850 ETH on its balance sheet. The company plans to tokenize these loans into a cash‑flow‑generating manufactured home loan token and make it available on Liquidity.io later in the month, following the launch of its planned aircraft engine token.
The filing also notes a leadership change in finance. Effective January 30, 2026, consulting Chief Accounting Officer Eric Van Lent resigned after the company chose not to renew the services agreement with his firm following the appointment of John Saunders as Chief Financial Officer in November 2025.
ETHZilla Corporation, through its wholly owned subsidiary ETHZilla Aerospace LLC, completed the acquisition of two CFM56-7B24 aircraft engines from Avean Engine Solutions, LLC under an Engine Sale and Purchase Agreement dated January 12, 2026. The engines, together with related parts, records and stands, were purchased for an aggregate of $12.2 million in cash, less prior deposits and subject to adjustments tied to an economic closing date of September 30, 2025.
The engines are already subject to lease agreements with a major airline, and those leases were assigned to ETHZilla Aerospace LLC as part of the deal. ETHZilla Aerospace LLC also entered a servicing agreement with Aero Engine Solutions, Inc., which will manage the engines for a monthly fee and includes mutual options for a sale of either engine at $3 million per engine after the related lease ends, provided each engine meets specified condition requirements.
ETHZilla Corporation amended a financing arrangement with an institutional investor that restructures previously issued senior secured convertible notes and adds a new series of secured convertible notes. The original financing involved $156,250,000 in Existing Convertible Notes sold for 96.0% of principal; the Amendment reduces the interest rate on the Existing Notes from 4% to 2% and issues New Convertible Notes sold at 97.25% of their principal.
The New Convertible Notes are secured by $50 million in Ether (ETH) and approximately $500 million in cash. Conversion mechanics include a downward-only conversion price reset beginning May 8, 2026 and quarterly thereafter, an investor conversion cap of 19.99% of outstanding shares without shareholder approval, and a mandatory conversion trigger if VWAP exceeds $4.4785 for 30 consecutive trading days. The amendment permits the company to stake crypto collateral and use yield on controlled cash accounts in the ordinary course. Key stated balances: 102,264 ETH (~$462M), $559M cash equivalents, and 160,176,122 shares outstanding.
ETHZilla Corporation filed an 8-K reporting executive agreements entered into September 15, 2025. The filing includes a Consulting Agreement and an amended Option Agreement with Stephen Shoemaker and an Executive Employment Agreement with McAndrew Rudisill, who is identified as Chief Executive Officer. The Rudisill Employment Agreement runs until the earlier of Mr. Rudisill providing 30 days' written notice of termination or December 31, 2028, and may automatically renew for up to two additional years unless non-renewal notice is given. The filing defines a Change in Control (merger, disposition of substantially all assets, and certain financing exceptions) and attaches the listed agreements as Exhibits 10.1–10.3 filed with the report.
ETHZilla Corporation disclosed an Amended and Restated Asset Management Agreement with Electric Treasury Edge, LLC that expands the scope of account assets and advisory services. The company also entered a Physically-Settled Spot and Forward Transaction Agreement with Cumberland DRW LLC to obtain up to $80.0 million, with a forward rate of 9.90% per annum through a settlement date of December 8, 2025, and the transaction is expected to be collateralized by approximately $125.0 million of ETH. Reported totals include 102,246 ETH (≈ $443 million), ≈ $213 million of USD cash equivalents, and 164,426,122 shares outstanding.
ETHZilla Corporation disclosed related-party and transaction details including issuance and sale of securities and vendor agreements. The CEO's affiliated entities received and acquired securities in a PIPE offering: PCAO LLC received warrants to buy 4,807,873 shares at an exercise price of $2.775 per share (issued July 29, 2025) and warrants to buy 957,002 shares at $3.445 per share (issued August 8, 2025); Pelagic Capital Advisors LLC and three beneficiary partnerships purchased 566,035 shares in the PIPE. The warrants include cashless exercise rights and remain outstanding until exercised. The company contracted EVL Consulting, controlled by the Chief Accounting Officer, for a cloud accounting implementation and related services for eight operating subsidiaries for total consideration of $60,000 payable in three milestones. The filing also references a Separation and Release Agreement dated September 4, 2025. All items reported are presented as described in the filing text.
ETHZilla Corporation disclosed in an Item 7.01 furnishing that it will deploy approximately $100 million of Ether into EtherFi, a liquid restaking protocol, and provided updated asset balances. The company reports holding 102,246 ETH (approximately $456 million) in ETH and ETH equivalents and approximately $221 million in USD cash equivalents. It also disclosed 166,626,845 shares outstanding. The press release announcing the ETH deployment is furnished as Exhibit 99.1 and is incorporated by reference into the Item 7.01 disclosure. The Item clarifies the furnished exhibit is not "filed" for Section 18 liability or incorporated by reference into other filings except by explicit reference.
ETHZilla Corporation furnished a Form 8-K reporting that it issued a press release—filed as Exhibit 99.1—disclosing the adoption of a share repurchase program and providing an update on its Ether accumulation strategy. The Item 7.01 disclosure and Exhibit 99.1 are being furnished to the SEC and explicitly are not being "filed" for purposes of Section 18 or incorporated by reference into other filings unless specifically referenced.
The company states repurchases will occur at management's discretion based on factors including share availability, market conditions, cost of capital, trading price, alternative capital uses, and the company's financial performance. Repurchases may be executed under a Rule 10b5-1 plan to permit purchases when insider trading restrictions might otherwise apply. The press release is dated August 25, 2025 and the Form 8-K is signed by Blair Jordan, Chief Executive Officer.