Forian Inc. Merger Agreement

Forian Inc. has entered into an Agreement and Plan of Merger with 2025 Acquisition Company, LLC and Bravo Merger Sub, Inc. The agreement initiates a tender offer for all outstanding shares of Forian Inc. common stock at $2.17 per share in cash. This tender offer is expected to commence within ten business days and will remain open for at least 20 business days. Following the tender offer, Bravo Merger Sub, Inc. will merge with Forian Inc., with Forian continuing as the surviving corporation. The merger will convert remaining shares into the right to receive the same $2.17 per share in cash. The agreement includes customary representations, warranties, and covenants, as well as non-solicitation restrictions for Forian Inc. The Board of Directors of Forian Inc. has unanimously recommended that stockholders accept the tender offer. The transaction is expected to close approximately six months after the agreement date, with a termination fee of $1,500,000 payable by Forian Inc. under specified circumstances.