Forian reveals it has received an unsolicited proposal to go private at $2.10 per share.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 25 2025
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Proposal for Going Private: Forian's board received an unsolicited proposal from founder Max Wygod and others to take the company private at $2.10 per share.
Ownership Stake: Wygod and other participants in the proposal own about 63% of Forian's common stock.
Special Committee Formation: A Special Committee of independent directors has been established to evaluate the proposal and determine the next steps.
Conditions for Proposal: The proposal is contingent on financing, satisfactory agreements, and approval from the Special Committee, with no guarantee of a definitive offer or agreement.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
