# EDGAR Filing Document

**Accession Number:** 0001829280
**File Stem:** 0001140361-25-031517
**Filing Date:** 2025-8
**Character Count:** 25846
**Document Hash:** f5a2d8b8f7d2cfa297c17ebcc45698fa
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001140361-25-031517.hdr.sgml**: 20250815

**ACCESSION NUMBER**: 0001140361-25-031517

**CONFORMED SUBMISSION TYPE**: S-8

**PUBLIC DOCUMENT COUNT**: 16

**FILED AS OF DATE**: 20250815

**DATE AS OF CHANGE**: 20250815

**EFFECTIVENESS DATE**: 20250815

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Forian Inc.
- **CENTRAL INDEX KEY:** 0001829280
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 853467693
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** S-8
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-289649
- **FILM NUMBER:** 251224934

**BUSINESS ADDRESS:**
- **STREET 1:** 41 UNIVERSITY DRIVE
- **STREET 2:** SUITE 400
- **CITY:** NEWTOWN
- **STATE:** PA
- **ZIP:** 18940
- **BUSINESS PHONE:** 267-757-8707

**MAIL ADDRESS:**
- **STREET 1:** 41 UNIVERSITY DRIVE
- **STREET 2:** SUITE 400
- **CITY:** NEWTOWN
- **STATE:** PA
- **ZIP:** 18940

#### As filed with the Securities and Exchange Commission on August 15, 2025

#### Registration No. 333-

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### UNITED STATES

### SECURITIES AND EXCHANGE COMMISSION

#### Washington, D.C. 20549

### FORM S-8

#### REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

## FORIAN INC.

#### (Exact name of registrant as specified in its charter)

---

| | |
|:---|:---|
| **Delaware** | **85-3467693** |
| (State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification Number) |

---

#### 41 University Drive, Suite 400

#### Newtown, PA 18940
(Address of principal executive offices, Zip Code)

#### Forian Inc. 2020 Equity Incentive Plan
(Full title of the plan)

#### Max Wygod

#### Chief Executive Officer

#### Forian Inc.

#### 41 University Drive, Suite 400

#### Newtown, PA 18940
(267) 225-6263

(Name, address and telephone number of agent for service)

#### Copies to:

#### Darrick M. Mix, Esq.

#### Justin A. Santarosa, Esq.

#### Duane Morris LLP

#### 30 South 17th Street

#### Philadelphia, PA 19103
(215) 979-1227

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer ☐ Accelerated filer ☐ <br> Non-accelerated filer ☒ Smaller reporting company ☒ <br> Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided to Section 7(a)(2)(B) of the Securities Act. ☒

------

#### EXPLANATORY NOTE

Forian Inc. (the "Registrant") has filed this registration statement on form S-8 (this "Registration Statement") to register under the Securities Act of 1933, as amended (the "Securities Act"), the offer and sale of 4,000,000 shares of the Registrant's common stock, par value $0.001 per share (the "Common Stock"), not previously registered, pursuant to the Forian Inc. 2020 Equity Incentive Plan (the "2020 Plan"). Such shares are being registered in addition to the Common Stock previously registered for issuance on the Registrant's Registration Statement on Form S-8 concerning the 2020 Plan filed with the U.S. Securities and Exchange Commission (the "Commission") on March 5, 2021 (Registration No. 333-253938) (the "2021 Registration Statement") and the Registration Statement on Form S-8 concerning the First Amendment to the 2020 Plan filed with the Commission on November 18, 2022 (Registration No. 333- 333-268470) (the "2022 Registration Statement" and together with the 2021 Registration Statement, the "Prior Registration Statements").

The Board of Directors of the Registrant authorized the registration of an additional 4,000,000 shares of Common Stock under the 2020 Plan, subject to stockholder approval. In accordance with Instruction E to the General Instructions to Form S-8, the Registrant is registering the additional 4,000,000 shares of Common Stock which may, following approval of the 2020 Plan by the Registrant's stockholders, which occurred on June 11, 2025, be offered and sold under the 2020 Plan pursuant to this Registration Statement, and the contents of the Prior Registration Statements are incorporated by reference herein except to the extent supplemented, amended or superseded by the information set forth herein.

#### PART I

#### INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
The information specified in Item 1 and Item 2 of Part I of Form S-8 is omitted from this Registration Statement on Form S-8 (the "Registration Statement") in accordance with the provisions of Rule 428 under the Securities Act of 1933, as amended (the "Securities Act"), and the introductory note to Part I of Form S-8. The documents containing the information specified in Part I of Form S-8 will be delivered to the participants in the respective plans. Such documents are not required to be, and are not, filed with the Securities and Exchange Commission (the "Commission") either as part of this Registration Statement or as a prospectus or prospectus supplement pursuant to Rule 424 under the Securities Act.

#### PART II

#### INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
**Item 3.** **Incorporation of Documents by Reference.**<br>

The following documents filed with the Commission pursuant to the Securities Exchange Act of 1934, as amended (the "Exchange Act"), are incorporated into this Registration Statement by reference:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The Registrant's [Annual Report on Form 10-K for the fiscal year ended December 31, 2024](https://www.sec.gov/Archives/edgar/data/1829280/000114036125013493/ef20039000_10k.htm) , filed with the Commission on April 11, 2025;

(b) The Registrant's [Quarterly Reports on Form 10-Q for the quarter ended March 31, 2025](https://www.sec.gov/Archives/edgar/data/1829280/000114036125019222/ef20047825_10q.htm), filed with the Commission on May 15, 2025, and for the [quarter ended June 30, 2025](https://www.sec.gov/Archives/edgar/data/1829280/000114036125031104/ef20050511_10q.htm), filed with the Commission on August 14, 2025;

(c) The Registrant's Current Reports on Form 8-K filed with the Commission on [March 31, 2025](https://www.sec.gov/Archives/edgar/data/1829280/000114036125011363/ef20046685_form8k.htm), [April 28, 2025](https://www.sec.gov/Archives/edgar/data/1829280/000114036125016054/ef20047860_8k.htm), [May 2, 2025](https://www.sec.gov/Archives/edgar/data/1829280/000114036125017161/ef20048423_8k.htm), [June 16, 2025](https://www.sec.gov/Archives/edgar/data/1829280/000114036125022646/ef20050696_8k.htm) and [July 1, 2025](https://www.sec.gov/Archives/edgar/data/1829280/000114036125024403/ef20051399_8k.htm); and

(d) The description of the Registrant's Common Stock contained in the Company's Registration Statement on [Form 8-A (File No. 001-40146)](https://www.sec.gov/Archives/edgar/data/1829280/000114036121006825/nc10020903x2_8a12b.htm) filed with the Commission on March 2, 2021, pursuant to Section 12(b) of the Exchange Act, including any amendment or report filed for the purpose of updating such description.

------

In addition, all documents filed by the Registrant pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act after the date hereof, but prior to the filing of a post-effective amendment to this Registration Statement that indicates that all securities offered hereby have been sold or that deregisters all such securities then remaining unsold, shall be deemed to be incorporated by reference in this Registration Statement and to be a part hereof from the date of filing of such documents. Notwithstanding the foregoing, unless specifically stated to the contrary in such filing, none of the information that the Registrant discloses under Items 2.02 or 7.01 of any Current Report on Form 8-K that it may from time to time furnish to the Commission will be incorporated by reference into, or otherwise be included in or deemed to be a part of, this Registration Statement.

For purposes of this Registration Statement, any document or any statement contained in a document incorporated or deemed to be incorporated herein by reference shall be deemed to be modified or superseded to the extent that a subsequently filed document or a statement contained herein or in any other subsequently filed document that also is or is deemed to be incorporated herein by reference modifies or supersedes such document or such statement in such document. Any statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement. Subject to the foregoing, all information in this Registration Statement is so qualified in its entirety by the information appearing in the documents incorporated herein by reference.

**Item 8.** **Exhibits.**<br>

The following Exhibits are filed as part of this Registration Statement:

---

| | |
|:---|:---|
| **Exhibit**<br> **No.** | &nbsp;&nbsp; **Description** |
| [4.1](https://www.sec.gov/Archives/edgar/data/1829280/000114036120026477/nt10016579x1_ex3-1.htm) | Certificate of Incorporation of the Registrant (Incorporated by reference to Exhibit 3.1 to Form S-4 filed on November 24, 2020, as amended on December 31, 2020, January 19, 2021, February 1, 2021 and February 9, 2021). |
| [4.2](https://www.sec.gov/Archives/edgar/data/1829280/000114036120026477/nt10016579x1_ex3-2.htm) | Bylaws of the Registrant (Incorporated by reference to Exhibit 3.2 to Form S-4 filed on November 24, 2020, as amended on December 31, 2020, January 19, 2021, February 1, 2021 and February 9, 2021). |
| [4.3](https://www.sec.gov/Archives/edgar/data/1829280/000114036120030084/nt10016579x4_ex4-1.htm) | Forian Inc. 2020 Equity Incentive Plan. (Incorporated by reference to Exhibit 4.1 to Form S-4 filed on December 31, 2020)<br>|
| [5.1\*](ef20053860_ex5-1.htm) | Opinion of Duane Morris LLP regarding the legality of the securities being registered. |
| [23.1\*](ef20053860_ex23-1.htm) | Consent of Marcum LLP |
| [23.2\*](ef20053860_ex5-1.htm) | Consent of Duane Morris LLP (included in Exhibit 5.1). |
| [24.1\*](#POWEROFATTORNEY) | Power of Attorney (included on the signature page of this Registration Statement). |
| [99.1](https://www.sec.gov/Archives/edgar/data/1829280/000114036125022646/ef20050696_ex10-1.htm) | Forian Inc. Second Amendment to 2020 Equity Incentive Plan (Incorporated by reference to Exhibit 10.1 to Form 8-K filed on June 16, 2025). |
| [107\*](ef20053860_ex107.htm) | Calculation of Filing Fee Table |

---

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\* Filed herewith.

**Item 9.** **Undertakings.**<br>

(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The undersigned Registrant hereby undertakes:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)&nbsp;&nbsp;&nbsp;&nbsp; To file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) To include any prospectus required by Section 10(a)(3) of the Securities Act;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) To reflect in the prospectus any facts or events arising after the effective date of the Registration Statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the Registration Statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20% change in the maximum aggregate offering price set forth in the "Calculation of Registration Fee" table in the effective Registration Statement;

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) To include any material information with respect to the plan of distribution not previously disclosed in the Registration Statement or any material change to such information in the Registration Statement.

*provided, however,* that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in reports filed with or furnished to the Commission by the Registrant pursuant to Section 13 or Section 15(d) of the Exchange Act that are incorporated by reference in the Registration Statement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)&nbsp;&nbsp;&nbsp;&nbsp; That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new Registration Statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial *bona fide* offering thereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3)&nbsp;&nbsp;&nbsp;&nbsp; To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.

(b)&nbsp;&nbsp;&nbsp;&nbsp; The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Registrant's annual report pursuant to Section 13(a) or Section 15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan's annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in the Registration Statement shall be deemed to be a new Registration Statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial *bona fide* offering thereof.

(c)&nbsp;&nbsp;&nbsp;&nbsp; Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.

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#### SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Newtown, State of Pennsylvania, on August 15, 2025.

---

| | |
|:---|:---|
| **FORIAN INC.** | **FORIAN INC.** |
| By: | /s/ Max Wygod |
|  | Name: Max Wygod |
|  | Title: President and Chief Executive Officer |

---

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#### POWER OF ATTORNEY
We, the undersigned officers and directors of Forian Inc. (the "Company"), hereby constitute and appoint Max Wygod and Adam Dublin, and each of them, his or her true and lawful attorneys-in-fact and agents, each with full power of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities, to sign any and all amendments, including post-effective amendments, to this Registration Statement, and any registration statement relating to the offering covered by this Registration Statement and filed pursuant to Rule 462 under the Securities Act, and to file the same, with exhibits thereto and other documents in connection therewith, with the Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done, as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that each of said attorneys-in-fact and agents or their substitute or substitutes may lawfully so or cause to be done by virtue hereof.

Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities and on the date indicated.

---

| | | |
|:---|:---|:---|
| **Signature** | **Title** | **Date** |
| /s/ Max Wygod | Chief Executive Officer, President and Executive Chairman | August 15, 2025 |
| Max Wygod | (Principal Executive Officer) |  |
| /s/ Michael Vesey | Chief Financial Officer | August 15, 2025 |
| Michael Vesey | (Principal Financial Officer and Principal Accounting Officer) |  |
| /s/ Mark J. Adler, M.D. | Director | August 15, 2025 |
| Mark J. Adler, M.D. |  |  |
| /s/ Ian G. Banwell | Director | August 15, 2025 |
| Ian G. Banwell |  |  |
| /s/ Adam Dublin | Director and Chief Strategy Officer | August 15, 2025 |
| Adam Dublin |  |  |
| /s/ Jennifer Hajj | Director | August 15, 2025 |
| Jennifer Hajj |  |  |
| /s/ Shahir Kassam-Adams | Director | August 15, 2025 |
| Shahir Kassam-Adams |  |  |
| /s/ Stanley S. Trotman, Jr. | Director | August 15, 2025 |
| Stanley S. Trotman, Jr. |  |  |
| /s/ Alyssa F. Varadhan | Director | August 15, 2025 |
| Alyssa F. Varadhan |  |  |
| /s/ Kristiina Vuori, M.D. Ph.D. | Director | August 15, 2025 |
| Kristiina Vuori, M.D., Ph.D. |  |  |

---

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## Exhibit 5.1

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**Exhibit 5.1**

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| | | |
|:---|:---|:---|
| NEW YORK<br> LONDON<br> SINGAPORE<br> PHILADELPHIA<br> CHICAGO<br> WASHINGTON, DC<br> SAN FRANCISCO<br> SILICON VALLEY<br> SAN DIEGO<br> LOS ANGELES<br> BOSTON<br> HOUSTON<br> DALLAS<br> FORT WORTH<br> AUSTIN | ![](image02.jpg) ** <br>*FIRM and AFFILIATE OFFICES*<br> ** <br>*<br>www.duanemorris.com*<br>| HANOI<br> HO CHI MINH CITY<br> SHANGHAI<br> ATLANTA<br> BALTIMORE<br> WILMINGTON<br> MIAMI<br> BOCA RATON<br> PITTSBURGH<br> NORTH JERSEY<br> LAS VEGAS<br> SOUTH JERSEY<br> SYDNEY<br> MYANMAR<br>ALLIANCES IN MEXICO |

---

<br> August 15, 2025

Forian Inc.

41 University Drive, Suite 400

Newtown, PA 18940

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| | |
|:---|:---|
| **Re:** | <u>Exhibit 5.1 to Registration Statement on Form S-8</u> |

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Ladies and Gentlemen:

We are acting as securities counsel to Forian Inc., a Delaware corporation (the "**Company**"), in connection with its registration statement on Form S-8 (the "**Registration Statement**"), filed with the Securities and Exchange Commission pursuant to the Securities Act of 1933, as amended (the "**Securities Act**"), relating to the offering by the Company of up to 4,000,000 shares of the Company's common stock, $0.001 par value per share (the "**Shares**"), issuable pursuant to the Forian Inc. 2020 Equity Incentive Plan (as amended, the "**Plan**"). This opinion is being furnished in accordance with the requirements of Item 601(b)(5) of Regulation S-K under the Securities Act.

We have examined the originals, or photostatic or certified copies, of such records of the Company and certificates of officers of the Company and of public officials and such other documents as we have deemed relevant and necessary as the basis for the opinions set forth below. In our examination, we have assumed the genuineness of all signatures, the legal capacity and competency of all natural persons, the authenticity of all documents submitted to us as originals and the conformity to original documents of all documents submitted to us as copies. We have also assumed that there are no agreements or understandings between or among the Company and any participants in the Plan that would expand, modify or otherwise affect the terms of the Plan or the respective rights or obligations of the participants thereunder. Finally, we have assumed the accuracy of all other information provided to us by the Company during the course of our investigations, on which we have relied in issuing the opinion expressed below.

This opinion letter is based as to matters of law solely on the Delaware General Corporation Law, as amended. We express no opinion herein as to any other laws, statutes, ordinances, rules, or regulations. As used herein, the term "Delaware General Corporation Law, as amended" includes the statutory provisions contained therein, all applicable provisions of the Delaware Constitution and reported judicial decisions interpreting these laws.

<u> Duane Morris llp</u>  <br> 30 SOUTH 17TH STREET<br> PHILADELPHIA, PA 19103-4196 PHONE: 215.979.1000 <br> FAX: 215.979.1020

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| | |
|:---|:---|
|  | ![](image01.jpg) |
| August 15, 2025 |  |
| Page 2 |  |

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Based upon, subject to and limited by the foregoing, we are of the opinion that the Shares when issued and sold in accordance with the terms set forth in the Plan and against payment therefor in accordance with the terms of the Plan and the applicable award agreement, and when the Registration Statement has become effective under the Securities Act, will be validly issued, fully paid and non-assessable.

The opinion expressed herein is rendered as of the date hereof and is based on existing law, which is subject to change. Where our opinion expressed herein refers to events to occur at a future date, we have assumed that there will have been no changes in the relevant law or facts between the date hereof and such future date. We do not undertake to advise you of any changes in the opinion expressed herein from matters that may hereafter arise or be brought to our attention or to revise or supplement such opinion should the present laws of any jurisdiction be changed by legislative action, judicial decision or otherwise.

Our opinion expressed herein is limited to the matters expressly stated herein, and no opinion is implied or may be inferred beyond the matters expressly stated.

We consent to the filing of this opinion as Exhibit 5.1 to the Registration Statement. In giving this consent, we do not admit that we are within the category of persons whose consent is required under Section 7 of the Securities Act.

---

| |
|:---|
| Very truly yours, |
| /s/ Duane Morris LLP |

---

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## Exhibit 23.1

#### Exhibit 23.1

#### INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM'S CONSENT
We consent to the incorporation by reference in this Registration Statement on Form S-8 of our report dated April 11, 2025, relating to the consolidated financial statements appearing in the Annual Report on Form 10-K of Forian Inc**.** for the year ended December 31, 2024.

---

| |
|:---|
| /s/ Marcum LLP |
| San Francisco, CA |
| August 15, 2025 |

---

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## Ex-Filing

?xml version='1.0' encoding='ASCII'?

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#### Exhibit 107

#### CALCULATION OF FILING FEE TABLES

#### FORM S-8
(Form Type)

#### FORIAN INC.
(Exact Name of Registrant as Specified in its Charter)

#### Table 1-Newly Registered Securities

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Security Type** | **Security Class Title** | **Fee Calculation** <br> **Rule** | **Maximum Aggregate** <br> **Offering Price** | **Fee Rate** | **Amount of** <br> **Registration Fee** |
| Equity | Common Stock, $0.001 par value per share | Rule 457(c) and Rule 457(h)<br>4000000<sup>(2)</sup><br>$1.94<sup>(3)</sup> | $7760000 | 0.0001531 | $1188.06 |
| Total Offering Amount | Total Offering Amount | Total Offering Amount | $7760000 |  | $1188.06 |
| Total Fee Offsets | Total Fee Offsets | Total Fee Offsets |  |  | $0.00 |
| Net Fees Due | Net Fees Due | Net Fees Due |  |  | $1188.06 |

---

&nbsp;&nbsp;&nbsp;&nbsp;(1) Pursuant to Rule 416(a), under the Securities Act of 1933, as amended (the "Securities Act"), this Registration Statement on Form S-8 also covers additional shares of the common stock, par value $0.001 per share ("Common Stock"), of Forian Inc. (the "Registrant") that may be offered or issued by reason of certain corporate transactions or events, including any stock splits, stock dividends, recapitalization or any other similar transactions.

&nbsp;&nbsp;&nbsp;&nbsp;(2) These shares are reserved for future issuance under the Forian Inc. 2020 Equity Incentive Plan.

&nbsp;&nbsp;&nbsp;&nbsp;(3) Estimated solely for purposes of calculating the registration fee pursuant to Rule 457(c) and (h) under the Securities Act based on the average of the high and low prices of the shares of Common Stock, as reported by Nasdaq on August 11,
 2025.

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