Forge Glo Hldg Stock Price, News & Analysis

Forge Global Holdings (NYSE:FRGE) has announced a strategic partnership with Fortune Media to launch new lists and rankings focused on the private market. The collaboration will leverage Forge's proprietary data covering over 1,200 private companies valued at more than $1 billion, with a total market valuation in the trillions.

The partnership aims to provide comprehensive insights into private companies pioneering innovations in AI, healthcare, defense, fintech, and sustainability. Forge's dataset, built on thousands of transactions and investor signals, will combine with Fortune's editorial expertise to create rankings that illuminate trends in the private market landscape.

Forge Global (NYSE:FRGE) has launched its next generation marketplace, revolutionizing private stock trading through an API-first platform. The new marketplace transforms the traditionally manual and opaque private market trading process into a data-rich, automated experience.

Key features include a live order book with 30-day bid/ask expiration, contextual pricing insights through Forge Price™, 24/7 self-directed trading capabilities, and streamlined discovery tools. The platform incorporates company-specific trading logic and over a decade of market expertise to address common challenges in private market trading.

This launch represents a significant milestone in Forge's strategic vision to create a more accessible, transparent, and connected private market ecosystem, with capabilities for partner integration, custody services, and various investment structures.

Forge Global Holdings (NYSE: FRGE), a leading provider of private market infrastructure, data services, and technology solutions, has announced that CEO Kelly Rodriques will participate in a fireside chat at the 2025 Piper Sandler Global Exchange & Trading Conference. The event is scheduled for June 5, 2025, at 8:30 AM ET in New York. Investors can access the live and archived webcast through Forge's Investor Relations website at ir.forgeglobal.com in the Events & Presentations section.

Forge Global Holdings (NYSE: FRGE) reported its Q1 2025 financial results, achieving its highest revenue quarter as a public company. Total revenues less transaction-based expenses reached $25.1 million, a 37% increase quarter-over-quarter. Trading volume surged to $692.4 million, up 132% from the previous quarter. However, the company reported an operating loss of $16.5 million and a net loss of $16.2 million. Key business developments include a non-binding LOI to acquire Accuidity Capital Management, partnerships with ICE to distribute Forge Price™, and collaboration with Yahoo Finance to launch the industry's first private market hub. The company's cash position stood at $93.1 million as of March 31, 2025. Forge recently completed a 15-for-1 reverse stock split on April 14, 2025.

Forge Global Holdings (NYSE: FRGE), a provider of private market infrastructure and solutions, has successfully regained compliance with NYSE's continued listing requirements. The company received confirmation from NYSE on May 1, 2025, after meeting the minimum share price requirement of $1.00 based on both its closing share price on April 30, 2025, and the average closing price over the preceding 30 trading days. This development ensures FRGE's continued listing on the NYSE, subject to maintaining compliance with other listing standards.

Forge Global Holdings (NYSE: FRGE), a leading provider of marketplace infrastructure, data services, and technology solutions for the private market, has scheduled its First Quarter Fiscal 2025 Financial Results conference call for Wednesday, May 7th, 2025 at 8:00 a.m. Eastern Time. The company has already released its Preliminary 1Q25 Financial Results on April 10th, 2025.

Investors can access the conference call via telephone by dialing 1 (800) 715-9871 (US) or 1 (646) 307-1963 (international) with conference ID 6194475. A live and archived webcast will be available at ir.forgeglobal.com.

Forge Global Holdings (NYSE: FRGE) has appointed Greg Lee to lead its trading and data platform business. Lee will oversee trading, execution, and go-to-market strategies for the next generation of Forge's integrated platform.

Lee brings over two decades of leadership experience in global financial institutions, specializing in electronic trading, product innovation, and market infrastructure transformation. At Paxos, as Managing Director, he developed competitive clearing solutions challenging NSCC/DTCC systems. During his time at Barclays, Lee drove significant growth in electronic and algorithmic trading while leading strategic investments in cross-asset platforms, data science, and trading technologies.

Prior to this permanent role, Lee served as a management consultant to Forge, demonstrating strategic insight and understanding of the company's vision.

Forge Global Holdings (NYSE: FRGE) has partnered with Intercontinental Exchange (NYSE: ICE) to distribute Forge Price™, a proprietary pricing dataset for private company equity. The dataset provides indicative price performance for approximately 200 venture-backed, pre-IPO companies, calculated using various inputs including funding round information, deal history, secondary market transactions, and platform interest indicators.

Through ICE's distribution channels, institutional investors can utilize Forge Price™ for private share trading price discovery, position marking, back-test analysis, asset allocation decisions, and risk exposure management. The tool also enables financial product innovation, including index and thematic basket creation, potentially facilitating ETF-like exposure to private markets.

Forge Global Holdings (NYSE: FRGE) has entered into a non-binding term sheet to acquire Accuidity Capital Management, a specialized private investment asset management firm. The initial purchase terms include $10.0 million in cash and 1.15 million shares of Forge common stock, with 483,333 shares subject to employment-related vesting.

The deal includes potential earn-out consideration of up to 1 million additional shares based on operational and revenue milestones through 2027. Accuidity manages the Megacorn Fund, the first institutionally managed index fund tracking private, late-stage growth companies through the Forge Accuidity Private Market Index.

If completed, Forge expects the acquisition to be EPS accretive, add new recurring revenue streams, and help achieve Adjusted EBITDA breakeven in 2026. The transaction remains subject to due diligence, definitive agreement, and regulatory approvals.