---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-034080"
form_type: "8-K"
ticker: null
cik: "0001827821"
company_name: "Forge Global Holdings, Inc."
filed_at: "2025-07-02T23:59:59+00:00"
generated_at: "2026-05-18T09:40:42.808453+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Forge Global closes Accuidity acquisition; $10M cash + 1.15M shares + earn-out up to 1M shares

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-25-034080
- form_type: 8-K
- cik: 0001827821
- company_name: Forge Global Holdings, Inc.
- filed_at: 2025-07-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.01, 9.01, 3.02, 5.02, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1827821/000162828025034080/0001628280-25-034080-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1827821/000162828025034080/forge-20250702.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-034080
- JSON: https://secwatch.observer/filing/0001628280-25-034080.json
- Plain text: https://secwatch.observer/filing/0001628280-25-034080.txt

## Key facts
- M&A Transactions
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1827821/000162828025034080/0001628280-25-034080-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.