Forge Global Holdings Inc. Addresses Media Speculation on Potential Sale
Understanding Recent Stock Activity
In light of today’s stock performance, Forge recognizes the heightened media interest concerning its potential sale. Although the company traditionally refrains from commenting on rumors, it acknowledges receiving unsolicited interest from various parties. These parties see the strategic value that Forge could bring to their businesses, particularly as private markets become increasingly vital for modern investment portfolios.
Ongoing Discussions About a Potential Sale
Forge is currently engaged in discussions about the possibility of selling the company. However, it is important to note that no formal agreement has been achieved, and there is no guarantee that a transaction will occur. Even if discussions lead to an agreement, the specifics regarding terms, structure, or timing remain uncertain.
Commitment to Transparency
The company has indicated it will refrain from further commentary on these discussions or market speculation until a definitive agreement is reached. This stance reflects Forge’s commitment to transparency and accountability with its stakeholders.
About Forge Global Holdings
Forge Global Holdings (NYSE:FRGE) is a leading player in market infrastructure and technology solutions tailored for private market participants. As a registered broker-dealer and FINRA member, Forge Securities LLC manages an alternative trading system. For more information, visit forgeglobal.com.
Forward-Looking Statements and Risk Factors
The statements made in this release may contain “forward-looking statements,” which are subject to various factors and uncertainties that could cause actual results to differ significantly. These include risks highlighted in periodic SEC filings, particularly under the sections “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in the Form 10-K for the fiscal year ended December 31, 2024. Investors are advised to consult these documents for detailed risk assessments.
Contact Information for Further Inquiries
For Investors:
Idalia Rodriguez, Arbor Advisory Group
ir@forgeglobal.com
For Media:
Lindsay Riddell
press@forgeglobal.com
Source: Forge Global