Deal expands the company's aviation portfolio to four income-generating engines under long-term lease to major U.S. airlines. Forum is in the process of finalizing the purchase of an additional engine, which is expected to close in the coming weeks and would bring the company's aviation portfolio to five engines.

The engine was purchased from Aero Engine Solutions, Inc. in an all-cash transaction and is already generating revenue under an active lease. The lease is expected to produce fixed monthly lease revenue, supplemented by additional usage-based fees, with total returns projected to reach double digits annually when combined with the engine's expected residual value at the end of the lease term. The second engine, once acquired, is expected to be placed on similar lease terms.

The engine is a CFM56-7B model, the most widely utilized commercial turbofan engine in the world and the standard powerplant for the majority of narrow-body aircraft operated by U.S. and international carriers. That scale supports one of the deepest and most liquid secondary markets in commercial aviation, giving Forum a large, repeatable pipeline of similar assets, including the additional engine currently under agreement, as it continues to grow its aviation portfolio.

"This acquisition reflects our strategy of acquiring durable, contractually protected assets that generate predictable cash flow," said McAndrew Rudisill, chairman and chief executive officer of Forum Markets. "The CFM56 platform is one of the largest and most established engine families in commercial aviation, which gives us a deep, repeatable pipeline of similar acquisitions. With another engine expected to close in the coming weeks, our aviation portfolio is expected to grow to five engines, meaningfully increasing our contracted cash flows and strengthening the return profile of the segment."

The CFM56-7B's scale and widespread use support a deep, liquid secondary market for whole engines, parts and end-of-life teardown value. Combined with the contracted lease payments already in place, Forum expects its aviation engines to deliver predictable income together with downside protection tied to their eventual resale.

Over time, Forum intends to explore pooling its aviation engines and offering investors access to the combined cash flows through a structured security, which may include tokenized offerings, consistent with the company's broader strategy of expanding access to cash flow generating real-world assets.