Every 8-K that Forian Inc (FORA) 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 FORA 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 FORA filings page.
Forian Inc. has completed its acquisition by 2025 Acquisition Company, LLC through a cash tender offer and merger. Stockholders who tendered or held Forian common stock immediately before the merger will receive $2.17 per share in cash, without interest and subject to tax withholding.
The tender offer expired on May 14, 2026, with 6,444,415 shares validly tendered and not withdrawn, which, together with shares already owned by the buyer, satisfied the minimum condition. On May 15, 2026, the merger closed, Forian became a wholly owned subsidiary of Parent, and all in‑the‑money options, RSUs and restricted stock were cashed out based on the same $2.17 price, subject to vesting terms.
Forian’s common stock will be delisted from Nasdaq, and the company plans to terminate SEC registration and suspend periodic reporting, making Forian a privately held company. The existing board members resigned at closing, leaving Max Wygod as sole director, and the articles of incorporation and bylaws were amended and restated for the surviving corporation.
Forian Inc. agreed to be acquired by a consortium led by its CEO in an all-cash transaction at $2.17 per share via a tender offer, valuing the company’s equity at approximately $68 million and returning it to private ownership.
The offer price represents a premium of about 22.6% to Forian’s unaffected closing share price on August 22, 2025. A subsidiary of 2025 Acquisition Company, LLC will launch a tender offer, initially open for 20 business days and extendable under specified conditions, including satisfaction of a “Minimum Condition” requiring more than 50% of outstanding shares to be tendered.
After the tender offer, a merger will cash out remaining public shares at the same price, and Forian’s stock will be delisted from Nasdaq. The board, following the unanimous recommendation of a Special Committee of independent directors, unanimously approved the deal and recommends stockholders tender their shares. The agreement includes a $1.5 million termination fee plus up to $1.25 million in expense reimbursement in certain termination scenarios and is not subject to a financing condition.
Forian Inc. reported strong growth in fourth quarter and full year 2025 results. Full year 2025 revenue was $30,256,919, up from $20,153,263 in 2024, while net loss narrowed to $2,874,042 from $3,771,070. Adjusted EBITDA improved to $840,408 from $489,134, reflecting better underlying profitability.
In the fourth quarter, revenue rose to $7,962,480 from $5,812,472, but the company posted a net loss of $1,821,752 versus net income of $199,711 a year earlier, and negative Adjusted EBITDA of $170,531 versus positive $120,599. As of December 31, 2025, cash and cash equivalents were $12,903,760, total assets were $44,130,895, and total liabilities were $14,352,147, leaving stockholders’ equity of $29,778,748.
Forian Inc. is changing its state of incorporation from Delaware to Maryland after stockholders approved a redomiciliation by statutory conversion at a special meeting on January 8, 2026. The redomiciliation became effective at 12:01 a.m. Eastern Time on January 9, 2026.
Each issued and outstanding share of Forian common stock automatically converted into one share of common stock of the new Maryland corporation, and all existing warrants, options and rights now relate to the same number of Maryland common shares on the same terms. Stockholders do not need to exchange certificates, and the common stock will continue to trade on the Nasdaq Stock Market under the symbol “FORA”.
The company states the move does not change its business, management, employees, properties, obligations, assets or liabilities, and does not adversely affect material contracts. New Maryland articles of incorporation, bylaws and indemnification agreements for directors and officers are now in effect, which change certain stockholder rights as described in the company’s proxy statement. The redomiciliation proposal passed with 22,312,024 votes for, 1,620,763 against and 1,308 abstentions.
Forian Inc. received an unsolicited, preliminary and non-binding proposal from a group led by founder, Executive Chairman and CEO Max Wygod to take the company private at $2.10 per share for the other shareholders. The group, which also includes inside directors Adam Dublin and Shahir Kassam-Adams, beneficially owns about 63% of Forian’s common stock.
The Board has formed a Special Committee of independent directors with its own advisors to evaluate the proposal and determine next steps. The proposal is subject to several conditions, including securing financing, negotiating satisfactory employment and definitive acquisition agreements, approval by the Special Committee, and completing an acquisition, including by tender, of a majority of Forian’s common shares.
Forian Inc. reported that board member Stanley S. Trotman, Jr. resigned from its board of directors and all related board committees, effective August 15, 2025. The company states that his resignation is not due to any disagreement or dispute with Forian regarding its operations, policies, or practices, indicating an amicable departure. Forian has not yet identified a replacement to fill the board vacancy created by his resignation.
Forian Inc. (FORA) furnished a press release on August 13, 2025 announcing its financial results for the quarter ended June 30, 2025. The press release is attached as Exhibit 99.1 and the Cover Page Interactive Data File is provided as Exhibit 104. The company states that the information furnished under Item 2.02, including Exhibit 99.1, is not deemed "filed" for purposes of Section 18 of the Exchange Act and will not be incorporated by reference in other filings except as expressly stated. The report is signed by Michael Vesey, Chief Financial Officer. The detailed financial figures are contained in the furnished press release rather than within the body of this Form 8-K.