Motive Capital Corp Completes Business Combination with Forge Global (Forge Global Holdings, Inc.)
March 22, 2022
Motive Capital Corp, a SPAC sponsored by Motive Partners, completed a business combination with Forge Global, taking the private securities marketplace public under the new name Forge Global Holdings, Inc. The transaction closed March 21, 2022 (shares began trading March 22, 2022) and provided Forge with roughly $215.6 million of gross proceeds to fund growth, accelerate its technology platform and expand its marketplace and data services.
- Buyers
- Motive Capital Corp, Motive Partners (sponsor)
- Targets
- Forge Global (Forge Global Holdings, Inc.)
- Industry
- Financial Services
- Location
- California, United States
- Transaction Type
- Buyout
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