ZombieTechnology
What Happened to Forum Markets?
Ticker: FRMMSPAC Year: 2017
Return
-70.8%
Current Price
$0.5
Peak Price
$49571
Trust Size
$1.0B
Summary
Forum Markets (formerly ETHZilla, originally KBL Merger Corp IV) is a digital asset and blockchain company that has undergone multiple name changes and business pivots since its original SPAC.
What Happened
The entity started as KBL Merger Corp IV, a SPAC that completed various transactions before pivoting to blockchain and digital assets under the ETHZilla name, then rebranding again as Forum Markets. The company has reported going concern warnings, conducted a reverse stock split, and represents one of the more convoluted post-SPAC corporate histories.
Timeline
2017-06-01
S-1 Registration Filed
Risk Indicators
⚠️ Reverse Split