KBLM SEC filings, in plain English
Everything KBL MERGER CORP. IV has filed with the SEC that we hold — 40 filings, newest first, 9 with a plain-English summary of what changed and why it matters. Every row links to the primary document on EDGAR, so you can check the source rather than trust us.
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What changed: Crystal Heter resigned as a member of the Board of Directors and its Audit, Compensation, and Nominating Committees effective August 19, 2026. The filing states her resignation was not due to disagreements regarding operations or strategy but to focus on her role as President and CEO of Tallgrass Energy, LP. Why it matters: Investors should note that this is a routine officer departure with no stated conflict, confirming stable governance rather than signaling internal disputes or strategic shifts at Forum Markets.
What changed: Forum Markets, Incorporated (formerly KBL Merger Corp. IV) held its 2026 annual meeting on August 19, 2026 with 9,228,510 shares present, 68.50% of the shares outstanding on the June 24, 2026 record date. Class II directors elected: McAndrew Rudisill (4,704,477 for, 1,585,734 withheld), Ryan Smith (5,454,924 / 835,287) and Jason New (6,200,982 / 89,229), each with 2,938,299 broker non-votes. Say-on-pay passed 3,838,696 to 2,436,628, and M&K CPAS, PLLC was ratified 9,060,830 to 144,888. Why it matters: Routine annual-meeting business at a post-combination company: nothing here touches a trust account, a deadline or a transaction. The tallies are the only content worth carrying, and they show real dissent for a 9.2 million-share quorum, with 2,436,628 votes against executive pay and 1,585,734 withheld from the chief executive's own re-election.
What changed: The 10-Q filed under Commission file number 001-38105 is that of Forum Markets, Incorporated, formerly ETHZilla Corporation (Nasdaq: FRMM), for the three months ended June 30, 2026, with 13,198,948 shares outstanding as of August 14, 2026. Why it matters: The former SPAC's successor now describes itself as an Ether-holding and tokenization business whose reported results move with the ETH price, and it discloses that certain of its cash and ETH are pledged as security. No balance-sheet or holdings figure appears in the portion read here.
What changed: 8-K of Forum Markets, Incorporated. Item 1.01 (entry into a material definitive agreement): on July 28, 2026, through newly formed wholly owned subsidiary Eurus Aerospace Token I LLC, Forum acquired one CFM56-7B aircraft engine with its parts and engine records from Aero Engine Solutions, Inc. under an Engine Sale and Purchase Agreement dated July 27, 2026, for a cash purchase price of $11.65 million. Concurrently the engine was placed on lease to a major airline, unnamed, under an Aircraft Engine Lease Agreement dated July 29, 2026, with the subsidiary as lessor. Why it matters: A Servicing Agreement Supplement dated July 27, 2026 has the seller manage the engine for a servicing fee and creates put and call rights: after the lease expires or terminates early, the Company may require the servicer or its affiliate to buy the engine at an option price, and the servicer may require the Company to sell, in each case only if the engine meets the required condition. The option price is redacted from the filed exhibit as confidential, so the exit economics are not on the record.
What changed: Forum Markets, Incorporated, the KBL Merger Corp. IV successor, filed as Exhibit 10.1 an Engine Sale and Purchase Agreement dated July 13, 2026 between Aero Engine Solutions, Inc. of Florida as seller and Eurus Aerospace Token I LLC of Delaware as buyer, covering one CFM International CFM56-7B aircraft engine. The engine's manufacturer serial number and the parties' addresses are redacted as confidential information the registrant treats as private, and the purchase price is not visible in the filed excerpt. Why it matters: A single-engine sale is small relative to any listed company, so this matters as a signal about the business model rather than as a financial event: the buyer's name indicates a tokenised aviation-asset vehicle, which suggests the issuer is originating hard assets for fractionalised ownership structures. Without the price or the counterparty relationship visible, the economics cannot be assessed — confidence is reduced accordingly, and no trust or redemption right from the KBL vehicle is affected.
What changed: Forum Markets, Incorporated, the KBL Merger Corp. IV successor, filed soliciting material under Rule 14a-12 consisting of a notice-and-access voting card for its 2026 annual meeting. Holders are told to vote by 11:59 p.m. ET on August 18, 2026 for a meeting on August 19, 2026, and may request a free paper or email copy of the notice, proxy statement and annual report before August 5, 2026 through ProxyVote.com, 1-800-579-1639 or sendmaterial@proxyvote.com. The company's address is given as 2875 South Ocean Blvd, Suite 100, Palm Beach, Florida. Why it matters: The card is the mailing instrument rather than a disclosure document, so nothing here changes a trust balance, a redemption right or a deadline; the proposals themselves sit in the proxy statement for the August 19, 2026 meeting. It is useful only for the dates a holder must meet — August 5 to request paper materials and August 18 to vote — and for confirming the successor to the KBL vehicle is now operating from a Palm Beach address.
What changed: Forum Markets, Incorporated (successor entity in the KBL Merger Corp. IV lineage) called its 2026 annual meeting for Wednesday, August 19, 2026 at 10:00 a.m., record date June 24, 2026, with 13,390,804 shares of common stock outstanding. Class II directors McAndrew Rudisill, Ryan Smith and Jason New stand for election; Class I directors Andrew Suckling, Crystal Heter, Angela Dalton and Michael Edwards serve until 2027. Reported 5% holders include Cyber Citadel at 2,080,389 shares (15.5%) and Electric Capital Partners Frontier Master Fund at 1,375,956 shares (10.3%). Why it matters: Governance-only filing with no trust, deadline or redemption consequence. The concentration disclosure is the substantive item for equity holders: two holders control roughly 26% of the 13.4 million shares outstanding, so board outcomes turn on a handful of votes. Outstanding option and warrant strikes disclosed at $29.20 and $30.10 per share, with expirations in 2035, sit far above a share base this small, indicating the equity has been heavily reverse-split and that those instruments are currently out of the money.
What changed: Forum Markets, Inc., formerly ETHZilla Corporation and the KBL Merger Corp. IV successor, entered Side Letter Amendment No. 2 dated June 30, 2026 to its Series B-3 Preferred Stock Purchase Agreement with Zippy, Inc. The December 9, 2025 agreement, as amended March 25, 2026, set an equity consideration component subject to a make-whole at a true-up date of June 30, 2026, requiring Forum to pay Zippy the shortfall between the Retained Stock valued at $10.50 a share and its value at the ten-day volume-weighted average price before that date. Why it matters: A make-whole that pays the seller the difference between $10.50 and the actual ten-day average price is a price guarantee: if Forum's shares trade below $10.50 the shortfall becomes a cash obligation, so the company is exposed to its own share price falling. Amending it a second time on the very day the true-up was due indicates the shortfall was real and the parties preferred to defer it. Former KBLM holders carry that contingent liability until it is settled.
What changed: The board of Forum Markets, Incorporated, successor to KBL Merger Corp. IV, approved changes on June 29, 2026 to a share repurchase programme that was due to terminate on June 30, 2026. The programme is extended one year to June 30, 2027 and expanded to authorise repurchases through derivative transactions. The board also reduced the aggregate repurchase authorisation from $250 million to $100 million. The filing states 13,210,145 shares of common stock were outstanding as of June 29, 2026. Why it matters: The headline is an extension, but the authorisation was cut to 40% of its former size at the same time. Against 13,210,145 shares outstanding the remaining $100 million authorisation is still large relative to the company, and the filing is explicit that timing, number and value remain at the board's discretion with no assurance any shares are bought.
- What changed vs 2025-11-14going concern RESOLVED
going-concern doubt1 moved
- Going-concern doubt
- statednot stated
SpacBrain reads this as the substantial-doubt sentence is in the previous filing and not in this one.
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
In plain English
Redemption deadlinethe last day to hand shares back for cash
Set by the filing that calls the meeting. Tender after it and the company is under no obligation to pay you the trust value.
Cash in trust / trust per sharethe cash the company is holding for each public share
Filed quarterly in the 10-Q's XBRL. It earns interest between filings, so the figure on a given day is slightly higher than the last filed one — where we show that we label it an estimate.
Accession numberthe SEC's unique id for one filing
Every figure on this page carries the accession of the filing that states it, so you can open the primary document rather than trust us.