This deregistration is the final administrative step after the merger and delisting — no further trading or SEC reporting for FORA. Existing shareholders who did not tender in the merger should contact the company or paying agent regarding the $2.17 per share consideration. No actionable trading opportunity remains.
Price Chart
Executive Summary
Forian Inc. filed Form 15-12G to terminate its SEC registration under Section 12(g), effective June 1, 2026, following the completion of its all-cash acquisition by a consortium led by Chairman/CEO Max Wygod at $2.17 per share. The filing confirms the company has only one holder of record, making this a routine procedural step after the merger and Nasdaq delisting (Form 25-NSE filed May 15, 2026). No further SEC reporting obligations remain.
Key Facts
- Form 15-12G filed June 1, 2026 to terminate registration under Section 12(g) of the Securities Exchange Act of 1934
- Approximate number of holders of record as of certification date: One (1)
- Follows completion of all-cash acquisition by consortium led by Chairman/CEO Max Wygod at $2.17 per share (closed May 15, 2026)
- Nasdaq delisting via Form 25-NSE filed May 15, 2026 — securities removed from listing and registration
- CEO Max Wygod signed the certification on behalf of the company
- No other classes of securities remain subject to Section 13(a) or 15(d) reporting
Financial Impact
No financial impact — deregistration is a procedural step following the completed acquisition at $2.17 per share; the company is now privately held with one holder of record.
Risk Factors
- Shareholders who did not tender shares in the merger may face illiquidity and difficulty receiving the merger consideration
- No further public disclosures — complete loss of transparency for any remaining minority holders
- Stock will not trade on any exchange; any residual value is limited to the merger consideration
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 15-12G Filing (Primary) | 0001140361-26-023470 |
| Document: 0001140361-26-023470-index-headers.html | 0001140361-26-023470 |
| Document: 0001140361-26-023470-index.html | 0001140361-26-023470 |
| Document: 0001140361-26-023470.txt | 0001140361-26-023470 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jun 1, 2026 21w ago | 15-12G | — | awaiting T+20 | — | — |
May 15, 2026 23w ago | 25-NSE | $2.17 | awaiting T+20 | — | — |
May 15, 2026 23w ago | 8-K | $2.17 | awaiting T+20 | — | — |
Apr 3, 2026 29w ago | 8-K | $2.15 $2.15 | · 0.00% | ▼ −8.98% | — |
US Market Status
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