Forge Global Announces Reverse Stock Split
1. Forge Global approved a 1-for-15 reverse stock split effective April 14, 2025. 2. Trading of split-adjusted shares will begin on April 15, 2025.
1. Forge Global approved a 1-for-15 reverse stock split effective April 14, 2025. 2. Trading of split-adjusted shares will begin on April 15, 2025.
Reverse stock splits often indicate underlying financial issues. Historically, companies performing them usually struggle with low stock prices and perceived weak fundamentals.
The decision to conduct a reverse stock split directly impacts FRGE investor perceptions and market behavior, indicating potential distress.
The immediate effects of the reverse split will be felt quickly as trading shifts; investor sentiment may decline due to perceived instability.