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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.

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$0.570504/01 07:17 PM EDTLatest Updated
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FAQ

Why Bearish?

Reverse stock splits often indicate underlying financial issues. Historically, companies performing them usually struggle with low stock prices and perceived weak fundamentals.

How important is it?

The decision to conduct a reverse stock split directly impacts FRGE investor perceptions and market behavior, indicating potential distress.

Why Short Term?

The immediate effects of the reverse split will be felt quickly as trading shifts; investor sentiment may decline due to perceived instability.

Related Companies

SAN FRANCISCO--(BUSINESS WIRE)--Forge Global Holdings, Inc. (“Forge,” or the “Company”) (NYSE: FRGE), a leading global private securities marketplace, today announced that its Board of Directors approved a 1-for-15 reverse stock split of its Common Stock to be effective 12:01 a.m., Eastern Time, on April 14, 2025. The Company expects its Common Stock to begin trading on a split-adjusted basis on the New York Stock Exchange as of the commencement of trading on April 15, 2025. On March 27, 2025,.

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