Forge Global says has received ‘interest from multiple parties’

Forge Global (FRGE) issued the following statement: “While Forge generally does not respond to rumors or media speculation, we are aware of the activity in our stock today and media commentary about our involvement in a potential sale of the company. Forge has received unsolicited inbound indications of interest from multiple parties that understand the value Forge could potentially add to their businesses as private markets become a critical feature of the modern portfolio – and is currently engaged in discussions regarding a potential sale of the company. No agreement has been reached and there can be no assurance that any transaction will result from these discussions, and even if a transaction is agreed upon, there can be no assurances as to its terms, structure, or timing. Forge does not intend to make any additional comments regarding these discussions, further market speculation or any potential transaction unless and until a formal agreement has been reached or Forge has determined a definitive course of action.”