STOCK TITAN

Forum Markets (NASDAQ: FRMM) logs 2026 vote wins on pay and board

(Moderate)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Forum Markets, Incorporated (FRMM) reported the results of its 2026 Annual Meeting of Stockholders held on August 19, 2026. Stockholders representing 9,228,510 shares, or 68.50% of common stock entitled to vote as of June 24, 2026, were present in person or by proxy, constituting a quorum.

Three Class II directors — McAndrew Rudisill, Ryan Smith and Jason New — were elected to two-year terms; Jason New received 6,200,982 votes for election. Stockholders approved the advisory (non-binding) resolution on named executive officer compensation and ratified the appointment of M&K CPAS, PLLC as independent auditors for the fiscal year ending December 31, 2026.

Positive

  • None.

Negative

  • None.
Item 5.07 Submission of Matters to a Vote of Security Holders Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Quorum shares 9,228,510 shares Shares represented at the 2026 Annual Meeting of Stockholders
Quorum percentage 68.50% Percentage of voting shares issued and outstanding on June 24, 2026 present at the meeting
Votes for Jason New 6,200,982 For votes for Class II director nominee Jason New
Say-on-pay For votes 3,838,696 For votes on advisory resolution on named executive officer compensation
Say-on-pay Against votes 2,436,628 Against votes on advisory resolution on named executive officer compensation
Auditor ratification For votes 9,060,830 For votes to ratify M&K CPAS, PLLC as independent auditors for 2026
Auditor ratification Against votes 144,888 Against votes on ratification of M&K CPAS, PLLC as independent auditors
Broker Non-Votes financial
"For | | Against | | Abstain | | Broker Non-Votes 3,838,696"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
advisory (non-binding) resolution regulatory
"A management proposal to approve an advisory (non-binding) resolution on named"
An advisory (non-binding) resolution is a shareholder vote that expresses investors’ opinion or recommendation to a company’s board but does not legally force any action. Think of it as a public poll or suggestion: it can influence management decisions, reputation, and future binding measures because persistent investor opposition often prompts change. Investors watch these votes to gauge corporate governance, potential risks, and whether management is aligned with shareholder priorities.
quorum regulatory
"representing 68.50% of the voting shares issued and outstanding ... constituting a quorum"
A quorum is the minimum number of members needed to officially hold a meeting or make decisions. It ensures that decisions are made with enough participation to represent the group’s interests, much like a majority must be present for a vote to be valid. For investors, understanding quorum is important because it affects when and how important company or organization decisions can be legally made.
independent auditors financial
"ratify the appointment of M&K CPAS, PLLC, as the Company’s independent auditors"
Independent auditors are outside, licensed accountants who examine a company’s books, records and internal controls and issue an objective opinion on whether the financial statements accurately reflect the business’s financial position. Investors treat their report like a neutral inspector’s stamp — it increases trust, makes financial results easier to compare, and alerts readers if there are errors, omissions or other problems that could affect investment decisions.

FAQ

What did FRMM announce regarding its 2026 Annual Meeting of Stockholders?

Forum Markets, Incorporated (FRMM) announced results of its 2026 Annual Meeting, where stockholders elected three Class II directors, approved an advisory vote on executive compensation, and ratified M&K CPAS, PLLC as independent auditors for the 2026 fiscal year.

How many FRMM shares were represented at the 2026 Annual Meeting, and was there a quorum?

Stockholders representing 9,228,510 shares, or 68.50% of common stock entitled to vote, were present. This level of participation constituted a quorum, allowing the company to conduct official business and vote on all proposals.

Which directors of FRMM were elected at the 2026 Annual Meeting and for how long?

Stockholders elected McAndrew Rudisill, Ryan Smith, and Jason New as Class II directors. Each will serve a two-year term and continue until a successor is elected and qualified or until earlier resignation or removal.

What were the voting results on FRMM’s say-on-pay proposal at the 2026 meeting?

The advisory (non-binding) vote on named executive officer compensation received 3,838,696 votes for, 2,436,628 against, and 14,887 abstentions, with 2,938,299 broker non-votes, meaning stockholders approved the compensation program on an advisory basis.

Who did FRMM’s stockholders ratify as independent auditors for 2026 and what was the vote?

Stockholders ratified M&K CPAS, PLLC as FRMM’s independent auditors for the year ending December 31, 2026, with 9,060,830 votes for, 144,888 against, and 22,792 abstentions, indicating strong support for the audit firm’s appointment.

What is the trading symbol and exchange for Forum Markets, Incorporated common stock?

Forum Markets, Incorporated’s common stock, par value $0.0001 per share, trades under the symbol FRMM on The Nasdaq Stock Market LLC, as stated in the company’s disclosure of securities registered under Section 12(b).

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
false 0001690080 0001690080 2026-08-19 2026-08-19 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): August 19, 2026

 

Forum Markets, Incorporated

(Exact name of registrant as specified in its charter)

 

Delaware   001-38105   90-1890354
(State or Other Jurisdiction
of Incorporation)
  (Commission File Number)   (IRS Employer
Identification No.)

 

2875 South Ocean Blvd, Suite 100
Palm Beach, FL
  33480
(Address of Principal Executive Offices)   (Zip Code)

 

(650507-0669

(Registrant’s telephone number, including area code)

 

(Former name or former address, if changed since last report)

  

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

  

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading symbol(s)   Name of each exchange on which registered
Common Stock, par value $0.0001 per share   FRMM   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

Item 5.07. Submission of Matters to a Vote of Security Holders.

 

On August 19, 2026, Forum Markets, Incorporated (the “Company”) held its 2026 Annual Meeting of Stockholders (the “Annual Meeting”). At the Annual Meeting, stockholders representing 9,228,510 shares of the Company’s common stock entitled to vote at the Annual Meeting were present in person or by proxy, representing 68.50% of the voting shares issued and outstanding on the record date of June 24, 2026, and constituting a quorum to conduct business at the Annual Meeting. The following sets forth the matters that were voted upon by the Company’s stockholders at the Annual Meeting and the voting results for such matters. These matters are described in more detail in the Company’s Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on July 8, 2026 (the “Proxy Statement”).

 

Proposal 1

 

The three individuals listed below were elected at the Annual Meeting to serve as Class II directors of the Company, each to serve a term of two years and until their respective successors have been elected and qualified, or until such director’s resignation or removal, by the following vote:

 

Director Nominee   For   Withheld   Broker Non-Votes
McAndrew Rudisill   4,704,477   1,585,734   2,938,299
Ryan Smith   5,454,924   835,287   2,938,299
Jason New   6,200,982   89,229   2,938,299

  

Proposal 2

 

A management proposal to approve an advisory (non-binding) resolution on named executive officer compensation, as described in the Proxy Statement, was approved by the following vote:

 

For   Against   Abstain   Broker Non-Votes
3,838,696   2,436,628   14,887   2,938,299

 

Proposal 3

 

A management proposal to ratify the appointment of M&K CPAS, PLLC, as the Company’s independent auditors for the fiscal year ending December 31, 2026, was approved by the following vote:

 

For   Against   Abstain
9,060,830   144,888   22,792

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit No.   Description
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

1

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 FORUM MARKETS, INCORPORATED
    
Date: August 19, 2026By: /s/ McAndrew Rudisill
   Name: McAndrew Rudisill
   Title: Chief Executive Officer

 

2

Filing Exhibits & Attachments

3 documents