Form 4 for FRMM FORUM MARKETS Inc
Accepted 2025-04-11 00:00:00 ET · period of report 2025-03-27 · accession 0001213900-25-031196 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-04-11 | 2025-03-27 | FRMM | ELRAY RESOURCES, INC. | 10% | C - Cnv Deriv | — | +1.32M | 1.32M | New | — |
| D | 2025-04-11 | 2025-03-27 | FRMM | ELRAY RESOURCES, INC. | 10% | C - Cnv Deriv | $0.00 | -1.00M | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-03-27 | C | A | 1,318,000 | — | 1,318,000 | D | — | — | (F1) On March 27, 2025, Elray Resources, Inc., converted all 1,000,000 outstanding shares of Series B Convertible Preferred Stock of the Issuer which it then held into 1,318,000 shares of common stock (1.318 shares of common stock for each share of Series B Convertible Preferred Stock converted), in accordance with the terms of such preferred stock and the optional conversion right set forth therein. |
| 2 | Derivative | Series B Convertible Preferred Stock | 2025-03-27 | C | D | 1,000,000 | $0.00 | 0 | D | — · 2024-12-27 to — | 1,318,000 Common Stock | (F2) Each of the 1,000,000 shares of Series B Convertible Preferred Stock was convertible into 1.318 shares of common stock. (F3) The Series B Convertible Preferred Stock has no expiration date. |