Forum Markets, Inc. filings document material-event disclosures for a Nasdaq-listed operating company with a corporate history that includes ETHZilla Corporation and 180 Life Sciences Corp. Recent Form 8-K filings identify the company’s common stock under the FRMM symbol on Nasdaq and record updates involving share repurchase activity, at-the-market sales agreements, and registration-statement-based equity issuance mechanics.
The filings also cover governance and capital-structure matters, including amendments to charter-related preferred stock designations, material modifications to security-holder rights, and executive equity awards under the 2025 Omnibus Incentive Plan.
ETHZilla Corporation’s large shareholder group reports no remaining stake in the company. A group of related investment entities, including FF Consumer Growth II, The Founders Fund Growth II Management, FF Upper Tier GP, FF Consumer Growth, The Founders Fund Growth Management, and Peter Thiel, each report beneficial ownership of 0 shares of ETHZilla common stock as of December 31, 2025, representing 0.0% of the outstanding class.
The filing confirms these securities are not held to change or influence control of ETHZilla, which is consistent with the passive ownership certification required for this type of disclosure.
ETHZilla Corporation’s large shareholder group reports no remaining stake in the company. A group of related investment entities, including FF Consumer Growth II, The Founders Fund Growth II Management, FF Upper Tier GP, FF Consumer Growth, The Founders Fund Growth Management, and Peter Thiel, each report beneficial ownership of 0 shares of ETHZilla common stock as of December 31, 2025, representing 0.0% of the outstanding class.
The filing confirms these securities are not held to change or influence control of ETHZilla, which is consistent with the passive ownership certification required for this type of disclosure.
ETHZilla Corporation received an amended ownership report showing several Citadel-related entities and Kenneth Griffin holding small minority stakes in its common stock. The filing states that Mr. Griffin may be deemed to beneficially own 610,591 Shares, representing 3.2% of the Shares outstanding.
Citadel Securities LLC, Citadel Securities Group LP and Citadel Securities GP LLC may each be deemed to beneficially own 333,116 Shares, or 1.8% of the class. Citadel Advisors LLC, Citadel Advisors Holdings LP and Citadel GP LLC may each be deemed to beneficially own 277,475 Shares, or 1.5% of the class. Percentages are based on 19,012,231 Shares outstanding as of December 30, 2025.
The reporting persons disclose no sole voting or dispositive power, only shared power over these Shares, and certify that the securities were not acquired or held for the purpose of changing or influencing control of ETHZilla Corporation.
ETHZilla Corporation received an amended ownership report showing several Citadel-related entities and Kenneth Griffin holding small minority stakes in its common stock. The filing states that Mr. Griffin may be deemed to beneficially own 610,591 Shares, representing 3.2% of the Shares outstanding.
Citadel Securities LLC, Citadel Securities Group LP and Citadel Securities GP LLC may each be deemed to beneficially own 333,116 Shares, or 1.8% of the class. Citadel Advisors LLC, Citadel Advisors Holdings LP and Citadel GP LLC may each be deemed to beneficially own 277,475 Shares, or 1.5% of the class. Percentages are based on 19,012,231 Shares outstanding as of December 30, 2025.
The reporting persons disclose no sole voting or dispositive power, only shared power over these Shares, and certify that the securities were not acquired or held for the purpose of changing or influencing control of ETHZilla Corporation.
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 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.
Hudson Bay Capital Management LP and Sander Gerber have filed an amended Schedule 13G reporting a minority stake in ETHZilla Corp. They report beneficial ownership of 350,000 shares of common stock through call options, equal to 1.84% of the company, based on 19,012,231 shares outstanding as of December 30, 2025. The securities are held in the ordinary course of business and are not intended to change or influence control of ETHZilla.
Hudson Bay Capital Management LP and Sander Gerber have filed an amended Schedule 13G reporting a minority stake in ETHZilla Corp. They report beneficial ownership of 350,000 shares of common stock through call options, equal to 1.84% of the company, based on 19,012,231 shares outstanding as of December 30, 2025. The securities are held in the ordinary course of business and are not intended to change or influence control of ETHZilla.
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 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, 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 Corp director Michael A. Edwards has filed an initial ownership report showing that he beneficially owns 0 shares of common stock. The filing is effective as of 12/19/2025 and lists his holdings as directly owned, with no indirect ownership reported.
ETHZilla Corp director Michael A. Edwards has filed an initial ownership report showing that he beneficially owns 0 shares of common stock. The filing is effective as of 12/19/2025 and lists his holdings as directly owned, with no indirect ownership reported.
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.