Forum Markets, Incorporated

NasdaqCM:FRMM Stock Report

Market Cap: US$71.3m

Forum Markets Management

Management criteria checks 0/4

Forum Markets' CEO is McAndrew Rudisill, appointed in Sep 2025, has a tenure of less than a year. total yearly compensation is $20.69M, comprised of 1% salary and 99% bonuses, including company stock and options. directly owns 0.077% of the company’s shares, worth $55.13K. The average tenure of the management team and the board of directors is 0.7 years and 0.9 years respectively.

Key information

McAndrew Rudisill

Chief executive officer

US$20.7m

Total compensation

CEO salary percentage0.97%
CEO tenureless than a year
CEO ownership0.08%
Management average tenureless than a year
Board average tenureless than a year

Recent management updates

Recent updates

New Narrative Apr 08

Ethereum Yield And Tokenized Assets Will Drive Future Forum Markets Upside

Catalysts About Forum Markets Forum Markets operates a technology platform that connects traditional finance with decentralized finance using Ethereum, combining ETH based yield generation with infrastructure for trading tokenized real world assets. What are the underlying business or industry changes driving this perspective?
Seeking Alpha Jul 18

180 Life Sciences to raise $6.5M in direct stock offering

180 Life Sciences (NASDAQ:ATNF) stated Monday the company has signed a definitive $6.5M stock offering deal with a healthcare-focused U.S. institutional investor.  The deal will include the issue of 6.13M common shares and warrants to purchase up to 6.13M additional share, at combined $1.06 per unit. Warrants have an exercise price of $1.06 per share with expiry of 5 years. The clinical-stage biotechnology said it intends to use the net proceeds for research and development expenses and general corporate purposes. Closing of the offering is expected on July 20, 2022. Stock is down 9% premarket, Monday, to trade at $1.04 vs. 52-week trading range of $0.80 to $9.05. Earlier: 180 Life Sciences falls after updates on regulatory path for anti-fibrosis therapy
Seeking Alpha Sep 08

180 Life Sciences: Looking At Inflammation With Cannabis (Podcast)

180 Life Sciences' Prof. Sir Marc Feldmann, who co-founded ATNF with cannabis trailblazer Prof. Raphael Mechoulam, joins the podcast with Dr. Jonathan Rothbard, Chief Science Officer. Focusing on pain and inflammation space. Aiming for FDA approval. Human clinical trials. Limitations of bioavailability in CBD; advantages of synthetic CBD.
Analysis Article Feb 17

What Type Of Shareholders Make Up 180 Life Sciences Corp.'s (NASDAQ:ATNF) Share Registry?

The big shareholder groups in 180 Life Sciences Corp. ( NASDAQ:ATNF ) have power over the company. Large companies...

CEO Compensation Analysis

How has McAndrew Rudisill's remuneration changed compared to Forum Markets's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

-US$519m

Dec 31 2025US$21mUS$200k

-US$444m

Compensation vs Market: McAndrew's total compensation ($USD20.69M) is above average for companies of similar size in the US market ($USD635.09K).

Compensation vs Earnings: Insufficient data to compare McAndrew's compensation with company performance.


CEO

McAndrew Rudisill (47 yo)

less than a year
Tenure
US$20,687,937
Compensation

Mr. McAndrew Rudisill, BA (Econ), is Executive Chairman of Forum Markets, Incorporated (formerly known as ETHZilla Corporation) (formerly known as 180 Life Sciences Corp.) from July 2025 and serves as Chie...


Leadership Team

NamePositionTenureCompensationOwnership
McAndrew Rudisill
Executive Chairman & CEOless than a yearUS$20.69m0.077%
$ 55.1k
John Saunders
Senior VPless than a yearUS$2.96m0.59%
$ 418.2k
Eric Van Lent
Secretaryless than a yearUS$242.16k0.0056%
$ 4.0k
John Kristoff
Senior Vice President of Corporate Communications & Investor Relationsless than a yearno datano data
Robert Spake
General Counselless than a yearno datano data
0.7yrs
Average Tenure
45yo
Average Age

Experienced Management: FRMM's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
McAndrew Rudisill
Executive Chairman & CEOless than a yearUS$20.69m0.077%
$ 55.1k
Kevin Tracey
Member of Scientific Advisory Board4.3yrsno datano data
Jason New
Independent Directorless than a yearUS$18.39m0.39%
$ 275.7k
Chas Bountra
Member of Scientific Advisory Board4.3yrsno datano data
Michael Edwards
Independent Directorless than a yearno datano data
Crystal Heter
Independent Directorless than a yearUS$121.94k1.25%
$ 890.0k
Ryan Smith
Lead Independent Director2.3yrsUS$14.90m0%
$ 0
Andrew Suckling
Independent Directorless than a yearUS$121.94k1.02%
$ 725.7k
Angela Dalton
Independent Directorless than a yearno datano data
Irene Tracey
Member of Scientific Advisory Board4.3yrsno datano data
Sallie Lamb
Member of Scientific Advisory Board4.3yrsno datano data
0.9yrs
Average Tenure
50yo
Average Age

Experienced Board: FRMM's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/04 13:35
End of Day Share Price 2026/06/04 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Forum Markets, Incorporated is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mark PalmerBenchmark Company
Jason McCarthyMaxim Group
Nazibur RahmanMaxim Group