Schwab to acquire Forge Global for ~$660M, expanding private market access

SCHWAB CHARLES CORP

Schwab acquires all Forge common shares at $45 cash per share, total value ~$660M.
Transaction approved by both boards; expected close H1 2026, subject to stockholder and regulatory approvals.
Forge's platform has facilitated $17B+ in private share trading; Schwab has 46M accounts and $11.6T in client assets.
Forge's largest stockholders Motive Capital and Deutsche Börse have committed to support the deal.
Acquisition aims to provide retail and advisor clients direct access to private securities, building on recent platform launches.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.