Forian (FORA) Proxy Filing summary
Event summary combining transcript, slides, and related documents.
Proxy Filing summary
1 Dec, 2025Executive summary
The 2025 Annual Meeting will be held virtually on June 11, 2025, with voting on director elections, an amendment to the equity incentive plan, and auditor ratification.
Stockholders of record as of April 17, 2025, are eligible to vote, with 31,202,313 shares outstanding.
Proxy materials and the 2024 Annual Report are available online, and multiple voting methods are provided.
Voting matters and shareholder proposals
Election of two Class I directors (Stanley S. Trotman, Jr. and Kristiina Vuori, M.D., Ph.D.) for terms expiring in 2028.
Amendment to the 2020 Equity Incentive Plan to add 4,000,000 shares, increasing the total to 10,400,000 shares.
Ratification of CBIZ CPAs P.C. as the independent registered public accounting firm for 2025.
Board recommends voting FOR all proposals.
Board of directors and corporate governance
Board consists of nine members divided into three classes with staggered three-year terms.
Six directors are independent per Nasdaq rules; three are not.
Three standing committees: Audit, Compensation, and Nominating, each with defined responsibilities and independent members.
Board and committees met regularly in 2024, with all directors attending at least 75% of meetings.
Code of Business Conduct and Ethics and anti-hedging policy in place.
Latest events from Forian
- Q2 revenue fell 2% to $4.8M, net loss widened, and 2024 guidance was lowered.FORA
Q2 20241 Feb 2026 - Q3 2024 revenue fell 12% to $4.7M; Kyber acquisition and sales momentum set up future growth.FORA
Q3 202414 Jan 2026 - Re-domiciliation from Delaware to Maryland approved by majority stockholder vote.FORA
EGM 20268 Jan 2026 - Stockholders to vote on redomiciling to Maryland, enabling a take-private offer and strategic flexibility.FORA
Proxy Filing15 Dec 2025 - Redomiciliation to Maryland is proposed to enable a take-private offer, with majority support assured.FORA
Proxy Filing4 Dec 2025 - Key votes include director elections, equity plan expansion, and auditor ratification.FORA
Proxy Filing1 Dec 2025 - Q1 2025 revenue up 45% to $7.1M, with narrowed net loss and strong 2025 growth outlook.FORA
Q1 202526 Nov 2025 - Q2 2025 revenue up 57% to $7.5M, with positive net income and strong outlook for 2025.FORA
Q2 202523 Nov 2025 - Q3 2025 revenue surged 66% to $7.8M, with improved margins and strong year-end outlook.FORA
Q3 202517 Nov 2025