Date:	--/--/-- --:--:--
Event Id:	E5DR64E5A
Action Type:	ACQUISITION
Action Status:	ANNOUNCED
Acquirer Symbol:
Target Symbol:	FRGE
Updated:	--/--/-- --:--:--
Purchase Price Per Share:	45
Price Per Share Currency:	USD
News References:	https://www.businesswire.com/news/home/20251106844014/en/

Action Notes

The Charles Schwab Corporation (Schwab) today announced it has entered into a definitive agreement to acquire Forge Global Holdings, Inc. [NYSE: FRGE] (Forge) in a transaction valued at approximately $660 million. Forge operates the premier private market platform and a leading trading marketplace through which investors have bought and sold more than $17 billion in private company shares1. Under the terms of the agreement, Schwab will acquire all of Forge's issued and outstanding common shares for $45 cash per Common Share. The transaction has been unanimously approved by the Boards of Directors of Schwab and Forge. The transaction is expected to close in the first half of 2026, subject to customary closing conditions, including approval by Forge's stockholders and regulatory approvals. Forge's two largest stockholders, Motive Capital and Deutsche Borse, have entered into agreements committing to support the transaction.