Forian Inc. (Nasdaq: FORA), a provider of data analytics and information solutions, has announced a definitive merger agreement to be acquired by a consortium of investors led by Max Wygod, the company's Chairman and CEO. The all-cash transaction values Forian's equity at approximately $68 million, with stockholders receiving $2.17 per share, representing a premium of about 22.6% over the stock's closing price on August 22, 2025. The merger is expected to close in the second quarter of 2026, subject to the satisfaction of certain conditions, including a minimum tender condition. The Forian Board of Directors has unanimously approved the transaction and recommends that stockholders tender their shares. Following the completion of the merger, Forian will become a private company and its shares will no longer be listed on the Nasdaq. The transaction is not subject to a financing condition, as the consortium has committed to providing the necessary funding. Forian will continue to operate under its current leadership team post-merger, maintaining its headquarters in Newtown, Pennsylvania.

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