Forge Global Holdings, Inc. (NYSE: FRGE) Downgraded Amid Acquisition News

Core Viewpoint - Forge Global Holdings, Inc. is undergoing a proposed acquisition by The Charles Schwab Corporation, which has prompted an investigation into the fairness of the transaction for shareholders [2][5][6] Company Overview - Forge Global specializes in trading shares of pre-IPO companies and has seen its stock price increase significantly by 68.72%, currently priced at $44.07 [3][6] - The market capitalization of Forge Global is approximately $598.97 million, with a trading volume of 4,512,803 shares [3] Acquisition Details - The proposed acquisition by Charles Schwab offers $45.00 per share in cash, valuing the deal at $660 million [2][4][6] - This acquisition aims to enhance Schwab's presence in the private shares market and provide investors with more access to pre-IPO shares [2][4][6] Investigation and Shareholder Rights - Halper Sadeh LLC is investigating the fairness of the sale to ensure it benefits Forge shareholders [2][5] - Shareholders are encouraged to explore their legal rights and options regarding the proposed sale [5]