What drove forge Global Holdings’ shares up 89% to $19?

Forge Global Holdings Inc. (NYSE:FRGE) shares shot up 89% to $19.14. True Global Ventures’ portfolio company Forge Global Holdings completed its business combination with Motive Capital Corp on the 22nd of March, 2022.

What is forge global?

At the center of the private market ecosystem, Forge is leveraging its technology, proprietary data and a coalition of partners to make that vision a reality. Greetings from the future, and welcome to Forge Global.

Who is forge securities?

Securities related services are offered through Forge Securities LLC (“Forge Securities”), a wholly-owned subsidiary of Forge Global, Inc. Forge Securities is a registered Broker Dealer and, Member FINRA/SIPC and alternative trading system.

How much is motive capital worth?

The deal with Motive Capital Corp. values the resulting company at $2 billion, the companies said. If completed, the transaction would make Forge the first dedicated trading platform for private shares to become a public company.