FORA Forian Inc.

NEUTRAL Impact: 7/10 15-12G
Horizon immediate Filed Jun 1, 2026 Processed 11d 18h ago SEC 0001140361-26-023470
Deregistration

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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.

Actionable Insight

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.

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

Exchange
Nasdaq
Sector
Services-Computer Processing & Data Preparation
Analyst Consensus
0% bullish (6 analysts)

Documents Analyzed

This report is based on 4 SEC documents filed with EDGAR.

DocumentAccession Number
15-12G Filing (Primary)0001140361-26-023470
Document: 0001140361-26-023470-index-headers.html0001140361-26-023470
Document: 0001140361-26-023470-index.html0001140361-26-023470
Document: 0001140361-26-023470.txt0001140361-26-023470
4 reports for FORA
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for FORA — sortable, filterable
Type Now
Jun 1, 2026
11d ago
15-12G
NEUTRAL ★ 7/10
awaiting T+1
May 15, 2026
28d ago
25-NSE
NEUTRAL ★ 8/10
$2.17 $2.17· 0.00%▲ +0.06%
May 15, 2026
28d ago
8-K
NEUTRAL ★ 8/10
$2.17 $2.17· 0.00%▲ +0.06%
Apr 3, 2026
10w ago
8-K
BULLISH ★ 8/10
$2.15 $2.14▼ −0.47%▼ −0.53%
Showing 4 of 4

US Market Status

Market Closed — Opens Mon (52h 17m)

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