VerticalScope: Q2 Marks The Turnaround
VerticalScope Announces Second Quarter 2026 Financial Results
VerticalScope to Announce Second Quarter 2026 Results
VerticalScope Announces Voting Results From Its Annual General Meeting of Shareholders
FORA: 15-12G · delisting
Forian Inc. has filed Form 15 to terminate its registration under Section 12(g) of the Securities Exchange Act of 1934 and suspend its duty to file reports under Sections 13 and 15(d). This filing effectively removes the company from public reporting requirements and delists its securities from public trading venues. The company cites Rule 12g-4(a)(1) and Rule 12h-3(b)(1)(i) as the basis for this termination, noting that there is only one holder of record as of the certification date. This extreme concentration of ownership suggests the company is either going private, has been acquired, or is ceasing public operations entirely. Max C. Wygod, the Chief Executive Officer, signed the certification on June 1, 2026. Investors should note that once this filing becomes effective, Forian Inc. will no longer be required to disclose financial results or material events to the public, significantly increasing information asymmetry and risk for any remaining stakeholders.
FORA: 8-K · acquisition merger
Forian Inc. (FORA) announced the completion of its merger with Bravo Merger Sub, Inc., a subsidiary of 2025 Acquisition Company, LLC, on May 15, 2026. The transaction was finalized following a cash tender offer that expired on May 14, 2026, during which 6,444,415 shares were validly tendered at $2.17 per share. With the merger complete, Forian has become a wholly owned subsidiary of 2025 Acquisition Company, LLC. The company has requested that Nasdaq file Form 25 to delist its common stock and intends to file Form 15 to terminate its registration under the Securities Exchange Act of 1934, thereby suspending its public reporting obligations. The board of directors was restructured as part of the transaction. Seven directors resigned, and Max Wygod remains as the sole director of the surviving private corporation. The company will no longer be publicly traded or required to file periodic reports with the SEC.
FORA: 10-Q · periodic report
Forian Inc. reported a net loss of $3.36 million for the first quarter of 2026, driven by a decline in revenue to $6.85 million and increased costs of revenue. The company disclosed a material weakness in its internal controls over financial reporting related to the application of ASC 606 revenue recognition standards. In a subsequent event, Forian entered into a definitive merger agreement on April 2, 2026, to be acquired by 2025 Acquisition Company, LLC. The deal values the company at $2.17 per share in cash, with the acquirer incurring $2.8 million in total financial advisory fees. The filing notes that the company has received numerous demand letters from stockholders alleging inadequate disclosures and breach of fiduciary duties regarding the transaction. While the company intends to defend against these claims, potential litigation could delay or enjoin the merger.
VerticalScope Announces First Quarter 2026 Financial Results
VerticalScope to Announce First Quarter 2026 Results
Are FORA, GRTX, WBS, TALK Obtaining Fair Deals for their Shareholders?
Halper Sadeh LLC is investigating the proposed sale of Forian to a consortium of investors led by Chairman and CEO Max Wygod for $2.17 per share in cash. The investigation aims to determine if the proposed transaction breaches fiduciary duties, particularly concerning whether insiders are receiving benefits not available to ordinary shareholders. Shareholders are encouraged to contact the firm to discuss potential legal remedies or increased consideration without any cost or obligation.
VerticalScope (TSE:FORA) Shares Down 0.4% – Here’s What Happened
