Forge Global Holdings, Inc. (NYSE: FRGE) is a platform that specializes in trading shares of pre-IPO companies. On November 6, 2025, Piper Sandler downgraded FRGE to a Neutral rating when the stock was priced at $44.07. This downgrade comes amid significant developments involving the company, including a proposed acquisition by The Charles Schwab Corporation.
Halper Sadeh LLC is investigating the fairness of Forge Global's sale to Charles Schwab. The proposed transaction offers $45.00 per share in cash, valuing the deal at $660 million. This acquisition aims to bolster Schwab's presence in the private shares market, offering investors more access to pre-IPO shares. The investigation seeks to ensure the deal benefits Forge shareholders.
Forge Global's stock has seen a notable increase of 68.72%, with a price change of $17.95. The stock's current price is $44.07, fluctuating between $43.45 and $44.08 today. Over the past year, FRGE has reached a high of $44.13 and a low of $6.60. The market capitalization is approximately $598.97 million, with a trading volume of 4,512,803 shares.
Charles Schwab's acquisition of Forge Global is valued at $600 million, as reported by the Financial Times. This strategic move is expected to enhance Schwab's capabilities in the private shares market. The acquisition aligns with Schwab's goal to provide more opportunities for investors to access pre-IPO shares, potentially increasing its market influence.
Shareholders of Forge Global are encouraged to explore their legal rights and options regarding the sale. Halper Sadeh LLC, specializing in investor rights, is available for consultation. The investigation will determine if the proposed sale is in the best interest of Forge shareholders, ensuring transparency and fairness in the transaction.
