Forge Global Holdings ( (FRGE) ) has provided an update.
On March 31, 2025, Forge Global Holdings announced that its Board of Directors approved a 1-for-15 reverse stock split of its Common Stock, effective April 14, 2025. This decision follows the approval by stockholders on March 27, 2025, and aims to meet the minimum bid price requirement for continued listing on the New York Stock Exchange. The reverse stock split will convert fifteen current shares into one new share, with adjustments made to equity incentive plans and outstanding warrants. Stockholders will receive cash for fractional shares, and no action is required from them to receive post-split shares.
More about Forge Global Holdings
Forge Global Holdings, Inc. is a leading provider of marketplace infrastructure, data services, and technology solutions for private market participants. Forge Securities LLC, a registered broker-dealer and a Member of FINRA, operates an alternative trading system.
YTD Price Performance: -29.66%
Average Trading Volume: 634,794
Technical Sentiment Signal: Buy
Current Market Cap: $125.1M
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