{
 "as_of": "2026-11-08",
 "cmr": "us-cm-kg/NASDAQ/FRMM",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# FORUM MARKETS Inc (NASDAQ: FRMM) — research page\n\nAs of 2026-11-08 · us-cm-kg · record version 1\n\n## Identity and listing\n\nFORUM MARKETS Inc is listed on NASDAQ under the ticker FRMM, with ISIN US68236V4014 and LEI 98450063A2D8EF54EB11. Its security type is Corporate, its sector is 6199 Finance Services, and its status is listed, not halted. Its segment and jurisdiction are not on the record.\n\n## The disclosure read\n\nThe record holds 98 filings across 53 filing days in the twelve months to 2026-11-08. The median gap between filing days is 3.5 days, and the latest filing was on 2026-10-26, 13 days before the record date. The latest filing is of type corporate_news. The exchange median is 6.0 days for cadence, 52 filings and 5.0 days for latency, and the sector median is 5.0 days for cadence, 61.5 filings and 4.0 days for latency.\n\n## Auditor\n\nThe auditor of record is M&K CPAS, PLLC, located in Woodlands, TX. The record holds no auditor changes.\n\n## Events and halts\n\nThe record holds one lifecycle line: a delisting dated 2025-11-05. The record holds no listing, name change, domicile change or segment move. The domicile change and segment move are not on the record. The issuer is listed and not halted.\n\n## Orderability\n\nThe outcome is not determinable under acm-68000/us/reasonable-basis-suitability-finra-rule-2111/r1, because the chapter carries no client categories. The chapter is dated 2026-11-04.\n\n## Coverage\n\nThe issuer's investor-relations page names three research houses: Benchmark Equity Research, Clear Street and Sidoti.\n\n## Open research\n\nNo openly published research notes were found on the record.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe record holds sealed years 2021, 2022, 2023, 2024, 2025 and 2026 for this issuer. The market's earliest sealed date is 2021-01-04, and the live record began on 2026-09-12.\n\n## Sources\n\n10 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.sec.gov/files/company_tickers_exchange.json (identity.exchange)\n- https://www.sec.gov/data-research/sec-markets-data/fails-deliver-data (identity.isin)\n- https://api.gleif.org/api/v1/lei-records/98450063A2D8EF54EB11 (identity.lei)\n- https://data.sec.gov/submissions/CIK0001690080.json (identity.name)\n- https://mcp.us-cm-kg.ai/events/NASDAQ/FRMM (the disclosure lines)\n- https://www.nasdaqtrader.com/rss.aspx?feed=tradehalts (the halt flag)\n- https://www.sec.gov/Archives/edgar/data/1690080/000121390026037888/ea0283286-10k_forum.htm (the auditor)\n- https://mcp.us-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://ir.forum-markets.com/stock-data-info/analyst-coverage (coverage)\n- https://mcp.us-cm-kg.ai/record/NASDAQ/FRMM (the record)\n",
 "market": "US",
 "node": "us-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ],
   "live_record_began": "2026-09-12",
   "node_history_from": "2021-01-04",
   "node_years_sealed": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ],
   "record_version": 1,
   "sealed": true
  },
  "auditor": {
   "auditor": {
    "read_by": "EDGAR 10-K cover page iXBRL tag (dei:AuditorName, dei:AuditorLocation, dei:AuditorFirmId, dei:DocumentPeriodEndDate)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/Archives/edgar/data/1690080/000121390026037888/ea0283286-10k_forum.htm",
    "state": "sourced",
    "value": "M&K CPAS, PLLC"
   },
   "auditor_firm_id": {
    "read_by": "EDGAR 10-K cover page iXBRL tag (dei:AuditorName, dei:AuditorLocation, dei:AuditorFirmId, dei:DocumentPeriodEndDate)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/Archives/edgar/data/1690080/000121390026037888/ea0283286-10k_forum.htm",
    "state": "sourced",
    "value": "2738"
   },
   "auditor_location": {
    "read_by": "EDGAR 10-K cover page iXBRL tag (dei:AuditorName, dei:AuditorLocation, dei:AuditorFirmId, dei:DocumentPeriodEndDate)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/Archives/edgar/data/1690080/000121390026037888/ea0283286-10k_forum.htm",
    "state": "sourced",
    "value": "Woodlands, TX"
   },
   "changes": []
  },
  "cmr": "us-cm-kg/NASDAQ/FRMM",
  "coverage": {
   "count": 3,
   "houses": [
    {
     "analyst": "Mark Palmer",
     "house": "Benchmark Equity Research",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://ir.forum-markets.com/stock-data-info/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Brian Dobson",
     "house": "Clear Street",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://ir.forum-markets.com/stock-data-info/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Brendan McCarthy",
     "house": "Sidoti",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://ir.forum-markets.com/stock-data-info/analyst-coverage",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://ir.forum-markets.com/stock-data-info/analyst-coverage",
     "result": "read: 3 of 6 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-11",
   "since": "not stated on the page read",
   "state": "found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 4359,
     "median_cadence_gap_days": 6,
     "median_filings": 52,
     "median_latency_days": 5,
     "name": "NASDAQ"
    },
    "sector": {
     "issuers": 184,
     "median_cadence_gap_days": 5,
     "median_filings": 61.5,
     "median_latency_days": 4,
     "name": "6199 Finance Services"
    }
   },
   "by_type": {
    "ad_hoc": 1,
    "agm_egm": 4,
    "corporate_news": 21,
    "director_change": 4,
    "directors_dealings": 33,
    "prospectus": 3,
    "regulatory_filing": 24,
    "results": 7,
    "takeover": 1
   },
   "cadence_median_gap_days": 3.5,
   "filing_days": 53,
   "filings": 98,
   "latency_days": 13,
   "latest": [
    {
     "category": "8-K",
     "date": "2026-10-26",
     "source": "https://www.sec.gov/Archives/edgar/data/1690080/000121390026112303/ea0309578-8k_forum.htm",
     "title": "8-K — CURRENT REPORT (items 7.01,9.01)",
     "type": "corporate_news"
    },
    {
     "category": "8-K",
     "date": "2026-10-05",
     "source": "https://www.sec.gov/Archives/edgar/data/1690080/000121390026106655/ea0306080-8k_forum.htm",
     "title": "8-K — CURRENT REPORT (items 1.01,2.03,3.02,7.01,8.01,9.01)",
     "type": "corporate_news"
    },
    {
     "category": "8-K",
     "date": "2026-08-21",
     "source": "https://www.sec.gov/Archives/edgar/data/1690080/000121390026092591/ea0303021-8k_forum.htm",
     "title": "8-K — CURRENT REPORT (items 5.02)",
     "type": "director_change"
    },
    {
     "category": "8-K",
     "date": "2026-08-19",
     "source": "https://www.sec.gov/Archives/edgar/data/1690080/000121390026091693/ea0302772-8k_forum.htm",
     "title": "8-K — CURRENT REPORT (items 5.07,9.01)",
     "type": "agm_egm"
    },
    {
     "category": "SCHEDULE 13G/A",
     "date": "2026-08-14",
     "source": "https://www.sec.gov/Archives/edgar/data/1690080/000199937126018007/xslSCHEDULE_13G_X02/primary_doc.xml",
     "title": "SCHEDULE 13G/A",
     "type": "regulatory_filing"
    }
   ],
   "latest_filing_date": "2026-10-26",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.us-cm-kg.ai/events/NASDAQ/FRMM",
   "window": {
    "from": "2025-11-08",
    "to": "2026-11-08"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "EDGAR company_tickers_exchange.json (SEC list of exchange-listed filers)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/files/company_tickers_exchange.json",
    "state": "sourced",
    "value": "NASDAQ"
   },
   "isin": {
    "read_by": "SEC Fails-to-Deliver data (CUSIP for the symbol) · ISIN = US + CUSIP + ISO 6166 check digit",
    "read_date": "2026-10-13",
    "read_date_basis": "last_seen",
    "source": "https://www.sec.gov/data-research/sec-markets-data/fails-deliver-data",
    "state": "sourced",
    "value": "US68236V4014"
   },
   "jurisdiction": {
    "market": "US",
    "state": "not_on_record"
   },
   "lei": {
    "read_by": "GLEIF name-exact (suffix-insensitive) (jurisdiction US-; GLEIF golden copy 2026-09-12)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://api.gleif.org/api/v1/lei-records/98450063A2D8EF54EB11",
    "state": "filled",
    "value": "98450063A2D8EF54EB11"
   },
   "name": {
    "read_by": "EDGAR submissions API (issuer header as filed)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0001690080.json",
    "state": "sourced",
    "value": "FORUM MARKETS Inc"
   },
   "sector": {
    "read_by": "EDGAR submissions API (issuer header as filed) (SIC code as assigned by the SEC)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0001690080.json",
    "state": "sourced",
    "value": "6199 Finance Services"
   },
   "security_type": {
    "read_by": "EDGAR submissions API (issuer header as filed)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0001690080.json",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "market": "US",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "EDGAR company_tickers_exchange.json (SEC list of exchange-listed filers)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/files/company_tickers_exchange.json",
    "state": "sourced",
    "value": "FRMM"
   },
   "website": {
    "market": "US",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": [
    {
     "date": "2025-11-05",
     "source": "https://www.sec.gov/Archives/edgar/data/1690080/000135445725001096/xslF25X02/primary_doc.xml",
     "title": "25-NSE"
    }
   ],
   "domicile_change": {
    "market": "US",
    "reason": "EDGAR states no dated change of state of incorporation on a filing line",
    "state": "not_on_record"
   },
   "listing": [],
   "name_change": [],
   "segment_move": {
    "market": "US",
    "reason": "the exchanges' tier transfers are not EDGAR filings",
    "state": "not_on_record"
   }
  },
  "market": "US",
  "node": "us-cm-kg",
  "numbers_hash": "sha256:be7ef42a83015a2e0e44c389f1861a4c49da0cb79d364884c97e894edf2aa608",
  "open_research": {
   "read_date": "2026-11-11",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [],
   "determinable": false,
   "read": {
    "chapter": "https://mcp.us-cm-kg.ai/book/aio.json",
    "door": "https://mcp.us-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "reason": "the chapter's orderability section carries no client_categories: the outcome cannot name its client category",
   "rule_version": "acm-68000/us/reasonable-basis-suitability-finra-rule-2111/r1",
   "section": "us.aio.v8"
  },
  "record": {
   "as_of": "2026-11-08",
   "url": "https://mcp.us-cm-kg.ai/record/NASDAQ/FRMM",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-08",
   "source": "https://www.nasdaqtrader.com/rss.aspx?feed=tradehalts",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:be7ef42a83015a2e0e44c389f1861a4c49da0cb79d364884c97e894edf2aa608",
 "path": "/us/NASDAQ/FRMM",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "FORUM MARKETS Inc is listed on NASDAQ under the ticker FRMM, with ISIN US68236V4014 and LEI 98450063A2D8EF54EB11. Its security type is Corporate, its sector is 6199 Finance Services, and its status is listed, not halted. Its segment and jurisdiction are not on the record.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 98 filings across 53 filing days in the twelve months to 2026-11-08. The median gap between filing days is 3.5 days, and the latest filing was on 2026-10-26, 13 days before the record date. The latest filing is of type corporate_news. The exchange median is 6.0 days for cadence, 52 filings and 5.0 days for latency, and the sector median is 5.0 days for cadence, 61.5 filings and 4.0 days for latency.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is M&K CPAS, PLLC, located in Woodlands, TX. The record holds no auditor changes.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "The record holds one lifecycle line: a delisting dated 2025-11-05. The record holds no listing, name change, domicile change or segment move. The domicile change and segment move are not on the record. The issuer is listed and not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome is not determinable under acm-68000/us/reasonable-basis-suitability-finra-rule-2111/r1, because the chapter carries no client categories. The chapter is dated 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The issuer's investor-relations page names three research houses: Benchmark Equity Research, Clear Street and Sidoti.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found on the record.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The record holds sealed years 2021, 2022, 2023, 2024, 2025 and 2026 for this issuer. The market's earliest sealed date is 2021-01-04, and the live record began on 2026-09-12.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "10 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.sec.gov/files/company_tickers_exchange.json"
  },
  {
   "for": "identity.isin",
   "source": "https://www.sec.gov/data-research/sec-markets-data/fails-deliver-data"
  },
  {
   "for": "identity.lei",
   "source": "https://api.gleif.org/api/v1/lei-records/98450063A2D8EF54EB11"
  },
  {
   "for": "identity.name",
   "source": "https://data.sec.gov/submissions/CIK0001690080.json"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.us-cm-kg.ai/events/NASDAQ/FRMM"
  },
  {
   "for": "the halt flag",
   "source": "https://www.nasdaqtrader.com/rss.aspx?feed=tradehalts"
  },
  {
   "for": "the auditor",
   "source": "https://www.sec.gov/Archives/edgar/data/1690080/000121390026037888/ea0283286-10k_forum.htm"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.us-cm-kg.ai/book/aio.json"
  },
  {
   "for": "coverage",
   "source": "https://ir.forum-markets.com/stock-data-info/analyst-coverage"
  },
  {
   "for": "the record",
   "source": "https://mcp.us-cm-kg.ai/record/NASDAQ/FRMM"
  }
 ],
 "title": "FORUM MARKETS Inc (FRMM) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}