Forge Global Holdings, Inc.: M&A transaction — Forge Global closes Accuidity acquisition; $10M cash + 1.15M shares + earn-out up to 1M shares

Forge Global Holdings, Inc.

Acquisition completed July 1, 2025; total consideration $10M cash (subject to adjustments) and 1.15M FRGE shares.
Accuidity adds ~$220M AUM; combined with Forge's $1.1B AUM and $17.6B AUC.
Accuidity reported revenue of ~$5.7M for 12 months ended May 31, 2025; Forge expects deal to be accretive to EPS.
Forge plans to transition Accuidity's Megacorn Fund into an interval fund under the 1940 Act, subject to SEC approval.
Earn-out up to 1M additional shares subject to performance milestones through end of 2027.

item 1.01 item 2.01 item 9.01 item 3.02 item 5.02 item 7.01

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Forge Global Holdings, Inc. completed an acquisition involving Accuidity, LLC for $10.0 million in cash and 1,150,000 shares of Company Common Stock (closed 2025-07-01).

Action: acquisition
Counterparty: Accuidity, LLC
Consideration: $10.0 million in cash and 1,150,000 shares of Company Common Stock
Closing: 2025-07-01

Exact text from the filing

term used herein but not otherwise defined has the meaning given to it in the Merger Agreement. The Merger Agreement provides for consideration for the Acquisition of $10.0 million in cash (subject to customary adjustments) (the “Adjusted Cash Consideration”) and 1,150,000 shares of Company Common Stock (the “Closing Stock Consideration”) issued in a

View on SEC.gov

Browse all m&a transactions →

Source: SEC EDGAR

accession 0001628280-25-034080

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

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.