Risk factors

FORUM Markets (FRMM) risk factors

Item 1A of every FORUM Markets Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.

  • FY2025 10-K risk factors
    32 risks29 new89 dropped2 reworded

    Forum Markets pivoted from iGaming to digital assets and RWA tokenization, holding significant ETH concentrations.

    Filed Apr 01, 2026
  • FY2024 10-K risk factors
    92 risks

    Forum Markets faces severe going concern doubts with an accumulated deficit of $141.5 million and $2.6 million in past-due accounts payable. The company is pivoting into the highly regulated, competitive online gaming and crypto asset wagering industry without prior operating history. Operations depend heavily on third-party cloud infrastructure, gaming content providers, and valid licenses from Oxford University and other authorities.

    Filed Mar 31, 2025