Core Insights - Charles Schwab Corp. is expanding its services to provide millionaire clients with access to potential investment opportunities in private companies prior to their public offerings, reflecting a growing interest in alternative investments [1] Group 1: Company Strategy - The company aims to tap into the increasing demand for alternative investments among high-net-worth individuals [1] - By offering access to private companies, Charles Schwab Corp. seeks to enhance its value proposition for affluent clients [1] Group 2: Market Trends - There is a notable rise in investor interest for alternative investments, indicating a shift in investment strategies among wealthy individuals [1] - The move aligns with broader market trends where private equity and venture capital are becoming more attractive to investors [1]

Core Viewpoint - Halper Sadeh LLC is investigating the fairness of the sale of Forge Global Holdings, Inc. to The Charles Schwab Corporation for $45.00 per share in cash, raising concerns about whether shareholders are receiving adequate value for their shares [1][3]. Group 1: Investigation Details - The investigation focuses on potential violations of federal securities laws and breaches of fiduciary duties by Forge and its board, including failure to secure the best possible consideration for shareholders and not disclosing all material information necessary for assessing the merger [3]. - Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures, and other benefits related to the proposed transaction [4]. Group 2: Legal Rights and Contact Information - Forge shareholders are encouraged to contact Halper Sadeh LLC to learn about their legal rights and options regarding the sale [2]. - The firm operates on a contingent fee basis, meaning shareholders would not incur out-of-pocket legal fees or expenses [4].

Core Insights - Charles Schwab Corp. has agreed to acquire Forge Global Holdings Inc. for approximately $660 million, paying $45 per share, which represents a 72% premium over Forge's closing price on Wednesday [1][2]. Group 1: Acquisition Details - The acquisition marks the first deal for Schwab under CEO Rick Wurster, who aims to enhance customer access to private companies as they remain private longer [2]. - Forge Global is a marketplace for trading shares of private companies, aligning with Schwab's strategy to provide retail investors with direct access to these firms [3]. Group 2: Market Performance - Schwab's shares have increased by 27% this year, outperforming the S&P 500's 16% gain, while Forge's shares have surged by 87%, giving it a market capitalization of $355 million [4]. - Following the acquisition announcement, Forge's stock price jumped 63% in early trading on Thursday [4]. Group 3: Industry Context - The acquisition occurs amid a trend where there are more private companies and fewer public companies, highlighting the need for retail investors to access private market opportunities [3]. - Schwab has recently reported strong earnings, with over 1 million new brokerage accounts opened for the fourth consecutive quarter, indicating robust consumer interest in investing [3].

格隆汇11月6日｜私人股票交易平台Forge Globa(FRGE.US)盘前暴涨超66.8%，报43.57美元。消息面 上，金融服务巨头嘉信理财已同意收购Forge Global，交易金额为6.6亿美元。两家公司预计该交易将在 2026 年上半年完成。(格隆汇) 来源：格隆汇APP ...

Group 1 - Schwab has agreed to acquire Forge Global for $45 per share, valuing the deal at $660 million, with the transaction expected to close in the first half of 2026 [1] - Following the announcement, Forge Global's stock surged by 66.54% to $43.5 in pre-market trading [1] - The trend of such acquisitions is increasing as Wall Street firms aim to meet investor demand for access to high-growth startups [1] Group 2 - Forge Global went public in 2021 through a SPAC and has seen its stock rise by 87% this year due to reports of acquisition interest [2] - The company operates a trading platform where investors have traded over $17 billion in private company stocks [2] - Schwab, with a market capitalization of approximately $170 billion, manages about $11.6 trillion in client assets, providing wealth management and financial advisory services [2]

Group 1 - Jiaxing Wealth Management (SCHW.US) agreed to acquire private equity trading platform Forge Global (FRGE.US) for $45 per share, valuing the transaction at $660 million [1] - Following the announcement, Forge Global's stock surged by 66.54% to $43.5 in pre-market trading [1] - The transaction is expected to be completed in the first half of 2026 [1] Group 2 - Wall Street firms are increasingly seeking to meet investor demand for access to high-growth startups, leading to more such transactions [1] - Major financial institutions are expanding their services to provide clients with access to private companies and pre-IPO stock liquidity [1] - Some of the world's most valuable startups are choosing to remain private and raise funds through private markets rather than pursuing IPOs [1][2] Group 3 - Morgan Stanley (MS.US) recently agreed to acquire private equity trading platform EquityZen, a competitor of Forge Global [2] - Forge Global went public in 2021 through a special purpose acquisition company and has seen its stock rise by 87% this year due to acquisition interest [2] - Forge Global's platform has facilitated over $17 billion in trading of private company stocks [2] Group 4 - Jiaxing Wealth Management is a traditional brokerage firm providing wealth management, securities brokerage, banking, and financial consulting services, with a market capitalization of approximately $170 billion and managing about $11.6 trillion in client assets [2]

Core Insights - Financial services giant Charles Schwab has agreed to acquire Forge Global, a platform for trading shares of pre-IPO companies, in a deal valued at $660 million [1] Company Summary - The acquisition of Forge Global by Charles Schwab signifies a strategic move to enhance its offerings in the pre-IPO market [1] - The deal is valued at $660 million, indicating a significant investment by Charles Schwab in expanding its trading capabilities [1] Industry Summary - The acquisition reflects a growing trend in the financial services industry towards facilitating access to pre-IPO investments [1] - By integrating Forge Global, Charles Schwab aims to position itself competitively in the evolving landscape of private equity and pre-IPO trading [1]

Core Insights - Charles Schwab is set to announce a deal to acquire private share marketplace Forge Global, with the transaction valued at $600 million [1] Company Summary - The acquisition of Forge Global by Charles Schwab indicates a strategic move to enhance its offerings in the private equity and alternative investment space [1] - The deal reflects a growing trend among financial institutions to expand their capabilities in private markets, which have seen increased interest from investors [1] Industry Summary - The private share marketplace is gaining traction as more investors seek access to private equity opportunities, highlighting a shift in investment strategies [1] - The valuation of $600 million for Forge Global underscores the competitive landscape in the private market sector, where companies are vying for market share and innovative solutions [1]

Core Insights - Forge Global Holdings, Inc. will report its Third Quarter Fiscal 2025 Financial Results on November 14, 2025 [1] Company Overview - Forge is a leading provider of marketplace infrastructure, data services, and technology and investment solutions for the private market [2] Upcoming Events - CEO Kelly Rodriques will speak at Fortune Brainstorm Tech 2025, scheduled for September 8-10, 2025 [7]

Forge Global Holdings, Inc. (FRGE) shares ended the last trading session 11.6% higher at $18.55. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 4.7% gain over the past four weeks.FRGE recorded a strong price rise following investor optimism, driven by media speculation regarding a potential sale of the company. Later, the company confirmed that it had received unsolicited interest from multiple parties and is curr ...