Richard Baldry

- Forian Inc. (FORA) received an **unsolicited, preliminary, non-binding proposal** on **August 25, 2025**, from a group led by its founder, Executive Chairman, and CEO Max Wygod, to take the company private.  **[1829280_0001140361-25-032485_ef20054442_ex99-1.htm:0]** **[1829280_0001140361-25-032485_ef20054442_8k.htm:1]** **[1829280_0001140361-25-032485_ef20054442_ex99-1.htm:1]** **[1829280_0001140361-25-032485_ef20054442_ex99-1.htm:2]** 
- The proposal offers a purchase price of **$2.10 per share** in cash to the Company's other shareholders, representing a **19% premium** to the closing price as of August 22, 2025.  **[1829280_0001140361-25-032485_ef20054442_ex99-1.htm:0]** **[1829280_0001140361-25-032485_ef20054442_8k.htm:1]** **[1829280_0001140361-25-032485_ef20054442_ex99-1.htm:2]** **[1829280_0001140361-25-032485_ef20054442_ex99-1.htm:4]** 
- The group making the proposal, including inside directors Adam Dublin and Shahir Kassam-Adams, beneficially owns approximately **63%** of Forian's common stock.  **[1829280_0001140361-25-032485_ef20054442_ex99-1.htm:0]** **[1829280_0001140361-25-032485_ef20054442_8k.htm:1]** **[1829280_0001140361-25-032485_ef20054442_ex99-1.htm:2]** 
- Forian's Board of Directors has established a **Special Committee** of independent directors to evaluate the proposal and determine the appropriate course of action.  **[1829280_0001140361-25-032485_ef20054442_ex99-1.htm:0]** **[1829280_0001140361-25-032485_ef20054442_8k.htm:1]**

Forian (FORA)