Forum Markets, Inc (FRMM) News & EventsFRMMNews & EventsForum Markets, Inc

Forum Markets Acquires Commercial Aircraft Engine for $12M

Forum Markets announced that it has closed on the acquisition of a commercial aircraft engine for approximately $12M in cash, expanding the company's aviation portfolio to four income-generating engines under long-term lease to major U.S. airlines. Forum is in the process of finalizing the purchase of an additional engine, which is expected to close in the coming weeks and would bring the company's aviation portfolio to five engines. The engine was purchased from Aero Engine Solutions, Inc. in an all-cash transaction and is already generating revenue under an active lease. The lease is expected to produce fixed monthly lease revenue, supplemented by additional usage-based fees, with total returns projected to reach double digits annually when combined with the engine's expected residual value at the end of the lease term. The second engine, once acquired, is expected to be placed on similar lease terms.

Forum Reports Q1 Revenue of $2.9M

Reports Q1 revenue $2.9M vs. $0 last year. "Forum continues to execute against our core strategy of building a platform centered on originating, structuring, and tokenizing institutional-grade, yield-generating assets," said McAndrew Rudisill, CEO. "We've expanded our origination capabilities with our entry into AI infrastructure bridge financing through NVIDA GPU-backed transactions and have made significant progress toward establishing distribution and co-investment partnerships with banks and large institutional investment companies. These developments reinforce the strength of our model - generating yield today while building a sustainable, scalable tokenization pipeline - and we believe they position Forum well to create long-term value." "Q1 and the weeks since have been a period of meaningful activity across the business - expanding our real-world asset base, executing a significant share repurchase program, and initiating a formal strategic review process," said CFO John Saunders. "As we look to the balance of 2026, our focus remains on growth through multiple levers: expansion of asset pipelines, increased capital deployment, and broader distribution through retail and institutional partnerships. These are positioning Forum to increase scale across our tokenization platform, and we remain on track for accelerated, year-over-year revenue growth by the end of 2026."