Hindsight Market

The Graveyard › 2022

Forum Merger Iii Corp

ELMS · Other · NASDAQ · in our data September 21, 2020 to June 22, 2022 (1.7 years)

The first trading day in our data for Forum Merger Iii Corp is September 21, 2020 (its first day in our records, which may be later than its listing and is not its founding). At its peak, on June 28, 2021, the market valued it at $1.5 billion. It ended in a collapse: the last trade was $0.19, -98.7% from its split-adjusted high. The delisting record says: likely failure.

2020-092022-06
Peak market value$1.5 billionJune 28, 2021
Highest split-adjusted share price$14.49January 7, 2021
Last share price$0.19June 22, 2022
From its split-adjusted high to the end-98.7%
Return over the days in our data-98.1%with dividends, before the last trade
Worst single day-61.6%June 13, 2022

Share prices are adjusted for splits and other share changes, so the high and the last price compare like for like; the peak market value is as it was on the day. The return covers the trading days in our data only: it does not include what holders received, or lost, after the last trade (a merger payout, a bankruptcy), and it does not reach back before 2020.

Could you have seen it coming? Play The Bear of '22

Also gone in 2022: Other