STOCK RADAR
Detected
FORANasdaq Trader

Forian Inc. merger closes with trading suspension set for May 18, 2026

Strategic TransactionneutralImpact80

FORA Price

Stored market data
$2.17$0.00 (0.00%)
$2.23$2.17$2.11Previous close7:00 AM9:35 AM10:35 AM11:40 AM1:15 PM3:55 PMVolume
Previous close $2.17Latest volume 350

Why It Matters

Holders are effectively cashed out at $2.17 per share and will lose ongoing tradability, liquidity, and any future upside once suspended.

Summary

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The tender offer expired May 14 and the merger closed May 15; FORA was halted after hours and will be suspended effective May 18, 2026. Current shareholders will receive $2.17 in cash per share and the company will cease to be publicly traded.

Score80

Score Rationale

neutral

Completed cash merger ends public trading and converts shares to $2.17 per share.

Bullish

  • Immediate cash consideration removes market execution risk.
  • Certainty of exit price for shareholders holding through closing.

Bearish

  • Public listing and future upside are eliminated for current holders.
  • Trading halted and suspended reduces liquidity and prevents further trading.

Key Evidence

  • Merger closed prior to market open on May 15, 2026.
  • Last trading date was May 14, 2026.
  • Suspension effective May 18, 2026.
  • Merger consideration: $2.17 per share.

What To Watch Next

  1. Brokerage payment and settlement timing for the $2.17 cash consideration.
  2. Confirm how undelivered shares or transfer agents will process payments.
  3. Tax treatment of the cash consideration for shareholders.
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Medical - Healthcare Information Services Market Context

SectorHealthcare+0.70%
IndustryMedical - Healthcare Information Services
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Original Article

The tender offer by Bravo Merger Sub, Inc. to acquire all of the outstanding common stock of Forian Inc. (FORA) expired one minute after 11:59 p.m. ET, on May 14, 2026. The subsequent merger closed prior to the market open on May 15, 2026. In anticipation of the closing, the stock was halted immediately following the after-hours session at or around 7:50 p.m. on May 14, 2026. The stock will remain halted on the day of closing (May 15th) and will be suspended effective May 18, 2026. The details are as follows:

Company/Issue: Forian Inc. Common Stock
CUSIP#: 34630N106
Symbol: FORA
Last Trading Date: May 14, 2026
Marketplace Effective Date for Suspension: May 18, 2026
Merger Consideration: $2.17 for each share held.