Forge Global Holdings Inc. Engages in Discussions About a Potential Sale

Forge Global Holdings Inc. (NYSE: FRGE) confirmed that it is in discussions with multiple parties regarding a potential sale of the company. The announcement followed a sharp rise in the company’s share price, which reached $18.55 on October 26, 2025, a level above the 52‑week high of $24.90 recorded on August 4, 2025. The market cap stands at approximately $228.7 million USD, and the price‑earnings ratio is negative at –3.27.

Company Statement

In a formal statement issued on Monday, October 28, the company noted that it had “received unsolicited inbound indications of interest from multiple parties” that recognize the strategic value of Forge’s marketplace infrastructure, data services, and technology solutions for private market participants. The statement clarified that:

  • The company is currently engaged in discussions with multiple parties about a potential sale.
  • No agreement has been reached at this time.
  • There is no assurance that any transaction will materialise, and the terms, structure, or timing of a potential deal remain uncertain.

The company reiterated that it does not intend to provide additional comments beyond these points.

Market Reaction

Following the release of the statement, the company’s stock experienced a significant surge, reflecting investor enthusiasm amid speculation about a possible acquisition. This price movement contributed to the company’s recent upward trajectory in the market.

Context and Company Overview

Forge Global Holdings Inc. operates in the financial sector and serves customers worldwide through its subsidiaries. Its core offerings include marketplace infrastructure, data services, and technology solutions that support participants in private markets. The company’s services are positioned to become increasingly important as private markets grow into a critical feature of modern investment portfolios.

Regulatory and Disclosure Notes

The company’s disclosure follows standard regulatory practices for public companies, ensuring that material information is communicated to investors. No additional information regarding the identity of potential acquirers or the terms of any contemplated transaction has been released.

The company’s leadership has indicated that it will not engage further in media speculation at this time, and it has requested that all investors focus on the official statements and filings for updates.