Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-04321 Forge Global Holdings, Inc. (Exact name of registrant as specified in its charter) Delaware 98-1561111 ( ...

Exhibit 99.1 Forge Global Holdings, Inc. Reports First Quarter Fiscal Year 2024 Results • Total Revenue Less Transaction Based Expenses Was $19.2 million in 1Q24 • Trading Volume Was $262.5 million in 1Q24 • Net Take Rate Was 3.2% in 1Q24 • Forge Trust Custodial Cash Was $481 million in 1Q24 • Launches ForgePro — first major milestone in the Forge Next Generation Platform SAN FRANCISCO – May 7, 2024 – Forge Global Holdings, Inc. (“Forge,” or the “Company”) (NYSE: FRGE), a leading private securities marketpl ...

Forge Global Holdings, Inc. (NYSE:FRGE) Q4 2023 Earnings Conference Call March 26, 2024 5:00 PM ET Company Participants Lindsay Riddell - Executive Vice President, Corporate, Marketing & Communications Kelly Rodriques - Chief Executive Officer Mark Lee - Chief Financial Officer Dominic Paschel - Senior Vice President, Finance & Investor Relations Conference Call Participants Devin Ryan - Citizens JMP Patrick Moley - Piper Sandler Alex Kramm - UBS Financial Owen Lau - Oppenheimer Michael Cho - JPMorgan Oper ...

1 On March 25, 2022, the Company filed a Current Report on Form 8-K (the "Form 8-K") which, among other things, included the audited financial statements (and notes thereto) of Forge Global as of and for the fiscal years ended December 31, 2021 and 2020 (the "Forge Global 2021 Financial Statements"), Management's Discussion and Analysis of Financial Condition and Results of Operations for Forge Global for the years ended December 31, 2021 and 2020 (the "Forge Global 2021 MD&A"), and Unaudited Pro Forma Cond ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-04321 Forge Global Holdings, Inc. (Exact name of registrant as specified in its charter) Delaware 98-1561111 (State ...

Revenue and Financial Performance - Total revenue less transaction-based expenses increased from $18.4 million in Q3 2023 to $18.9 million in Q4 2023, a 13% year-over-year increase[4][10] - Total revenues for the year ended December 31, 2023, were $69.82 million, compared to $69.38 million in 2022, showing a slight increase of 0.6%[36] - Marketplace revenue for the year ended December 31, 2023, was $25.79 million, a decrease of 36.5% compared to $40.67 million in 2022[36] - Custodial administration fees increased to $44.03 million in 2023, up 53.3% from $28.72 million in 2022[36] - Marketplace revenues, less transaction-based expenses, for the year ended December 31, 2023, were $25.4 million, a 37% decrease from $40.2 million in 2022[44] Trading and Volume Metrics - Trading volume in Q4 2023 was $250.4 million, up 1% year-over-year and 7% quarter-over-quarter[10][17] - Volume for the three months ended December 31, 2023, was $250.4 million, a 7% increase from $234.1 million in the previous quarter[44] - Trading volume for the year ended December 31, 2023, was $765.9 million, a 37% decrease from $1.22 billion in 2022[44] - Trades for the year ended December 31, 2023, were 1,756, a 20% decrease from 2,184 in 2022[44] Net Loss and Adjusted EBITDA - Net loss increased from $19.0 million in Q3 2023 to $26.2 million in Q4 2023, primarily due to a $2.5 million increase in accrued legal expenses[5] - Adjusted EBITDA loss increased from $10.4 million in Q3 2023 to $13.6 million in Q4 2023[5] - Net loss for the year ended December 31, 2023, was $91.55 million, an improvement from the $111.91 million net loss in 2022, reflecting a reduction of 18.2%[36] - Net loss for the year ended December 31, 2023, was $91.5 million, compared to $111.9 million in 2022, showing a reduction in losses[38] - Adjusted EBITDA for the year ended December 31, 2023, was $(48.8) million, compared to $(46.9) million in 2022[40] Cash and Liquidity - Cash and cash equivalents as of December 31, 2023 was $144.7 million[7] - Cash and cash equivalents decreased from $193.14 million in 2022 to $144.72 million in 2023, a decline of 25.1%[34] - Net cash used in operating activities for the year ended December 31, 2023, was $41.5 million, compared to $68.8 million in 2022[38] - Cash, cash equivalents, and restricted cash at the end of December 31, 2023, were $145.8 million, down from $194.9 million at the end of 2022[38] Custodial Accounts and Assets Under Custody - Total assets under custody increased from $14.9 billion in 2022 to $15.6 billion in 2023, a 5% year-over-year increase[10][25] - Total custodial accounts increased from 1.87 million in 2022 to 2.08 million in 2023, an 11% year-over-year increase[25] - Total Custodial Accounts increased by 55,112 (3%) to 2,078,868 as of December 31, 2023, compared to September 30, 2023[46] - Assets Under Custody grew by $498.99 million (3%) to $15.647 billion as of December 31, 2023, compared to September 30, 2023[46] - Total Custodial Accounts increased by 207,722 (11%) to 2,078,868 as of December 31, 2023, compared to December 31, 2022[46] - Assets Under Custody increased by $777.21 million (5%) to $15.647 billion as of December 31, 2023, compared to December 31, 2022[46] - Total Custodial Accounts represent funded or unfunded accounts with active transfer activity, indicating future revenue potential from maintenance and transaction fees[46] - Assets Under Custody include all client holdings managed by the company, with fees earned from maintenance activities rather than asset value[46] Net Take Rate and Interest Income - Net take rate was 3.2% in Q4 2023 and 3.3% for the full year 2023[10][17] - Net Take Rate remained stable at 3.3% for both 2023 and 2022[44] - Interest income, net, increased to $6.42 million in 2023, up 139.5% from $2.68 million in 2022[36] Operating Expenses and Share-Based Compensation - Total operating expenses for the year ended December 31, 2023, were $160.84 million, down from $203.94 million in 2022, a reduction of 21.1%[36] - Share-based compensation for the year ended December 31, 2023, was $34.3 million, down from $57.9 million in 2022[38] Total Assets and Liabilities - Total assets decreased from $363.73 million in 2022 to $310.73 million in 2023, a decline of 14.6%[34] - Total liabilities increased from $38.27 million in 2022 to $42.31 million in 2023, a rise of 10.6%[34] Forge Trust Custodial Cash and IOIs - Forge Trust Custodial Cash totaled $505 million in Q4 2023, down 20% year-over-year from $635 million[17] - Total number of companies with indications of interest (IOIs) was 485 in Q4 2023, up 11% year-over-year[17] Net Loss Per Share - Net loss per share attributable to Forge Global Holdings, Inc. common stockholders was $0.52 for the year ended December 31, 2023, compared to $0.78 in 2022, showing a reduction of 33.3%[36]

SAN FRANCISCO--(BUSINESS WIRE)--Forge Global Holdings, Inc. (NYSE: FRGE) (“Forge”), a global private securities marketplace, today announced that it will report fourth quarter and full year 2023 financial results on Tuesday, March 26, 2024. Management will host a conference call and webcast at 5:00 p.m. Eastern Time / 2:00 p.m. Pacific Time, following the release of its earnings materials, to discuss the Forge’s financial and business results. What: Forge Global Holdings, Inc. - Fourth Quarter and Full Yea ...

SAN FRANCISCO--(BUSINESS WIRE)--Forge Global Holdings, Inc. (“Forge”) (NYSE: FRGE), a leading provider of marketplace infrastructure, data services and technology solutions for private market participants, today announced the addition of Natasha Brooks, SVP, Head of Data Sales, and Harnalli DeepaSwamy, Vice President of Data, AI & Analytics Platform Engineering, to its team. Brooks is focused on accelerating the adoption of Forge data products and solutions among institutional and professional investors, wh ...

Forge Global Holdings, Inc. (NYSE:FRGE) Q3 2023 Earnings Call Transcript November 7, 2023 4:30 PM ET Company Participants Dominic Paschel - SVP Kelly Rodriques - CEO Mark Lee - CFO Conference Call Participants Alex Kramm - UBS Devin Ryan - JMP Securities Owen Lau - Oppenheimer Jeff Schmitt - William Blair Operator Good afternoon. My name is Kayla, and I will be your conference operator today. At this time, I'd like to welcome everyone to the Forge Global Third Quarter 2023 Financial Results Conference Call. ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-04321 Forge Global Holdings, Inc. (Exact name of registrant as specified in its charter) Delaware 98-15611 ...