Forian Inc. Tender Offer Successfully Concludes, Company Goes Private
FORA sits 32% above its 52-week low of $1.64 on elevated volume (3.0× avg).
Summary
Forian Inc. has completed its tender offer and subsequent merger, with 91% of shares tendered, officially taking the company private and delisting its stock from Nasdaq.
Key Events · M&A and Partnerships · FORA
-
Tender Offer Concluded
The tender offer for all outstanding shares of Forian Inc. expired as scheduled on May 14, 2026, and was not extended.
-
Majority Shares Tendered
Approximately 6,444,415 shares, representing 91% of the aggregate voting power, were validly tendered and accepted for payment.
-
Merger Completed
Following the successful tender offer, Bravo Merger Sub, Inc. merged with Forian Inc., making Forian a wholly-owned subsidiary of 2025 Acquisition Company, LLC.
-
Delisting from Nasdaq
All Forian Inc. shares will be delisted from Nasdaq and deregistered under the Exchange Act, as the company transitions to private ownership.
Analysis · FORA · Technology
This filing confirms the successful completion of the tender offer by 2025 Acquisition Company, LLC for Forian Inc. With 91% of shares tendered, the merger has been effected, and Forian Inc. will now operate as a private entity. This formalizes the acquisition previously announced on April 3, 2026, and detailed in an 8-K filed earlier today, marking the final step in the company's transition out of public markets.
How filings like this one have moved
In the 30 days to Oct 3, 2026, 40.9% of the 320 measured filings Wiseek scored 9 moved their stock by 5% or more by the next session's close. The median move was -0.38%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, FORA was trading at $2.17 on NASDAQ in the Technology sector, with a market capitalization of approximately $67.8M. The 52-week trading range was $1.64 to $2.71. This filing was assessed with neutral market sentiment and an importance score of 9 out of 10.