Low float stocks always get halted. I love this merger.
Forge Global stock soars in Friday trading in wake of SPAC merger
March 25 2022 - 12:10PM
Seeking Alpha
This just happened. We should run over $100.00 soon.
Forge Global to Go Public in $2 Billion Merger with Motive Capital Corp
Sep. 13, 2021 9:16 AM ETForge Global Holdings, Inc. (FRGE)
Forge’s mission is to create an accessible, liquid and transparent private market
Forge operates a leading global private securities marketplace, with technology that is transforming the global private market ecosystem for investors, private companies, shareholders and employees
Kelly Rodriques to continue as CEO of the combined company
Motive to add two board members to the combined entity’s board of directors
Transaction values Forge at up to $2 billion post-money
Transaction expected to provide up to $532.5 million in cash proceeds prior to the payment of transaction expenses and up to $100 million of cash consideration, including $118.5 million between committed PIPE proceeds
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