Forge Global, Inc.
(Motive Capital Corp)
In talks with Forge Global, Inc.
None
Rumor from
SPAC Details
SPAC Ticker : MOTV
New Ticker : FRGE
Status : Completed
Sector : Europe-focused, Technology, Finance
Target :
not announced
Trust account : $ 414.1 million
Underwriters :
Lawyers :
IPO : Dec. 11, 2020
Target Announced : Sep. 13, 2021
Merger Closed : Mar. 21, 2022
Liquidation : Dec. 10, 2022
CEO & Director : Kelly A. Rodriques
Pres : Jose A. Cobos
Chief Financial Officer : Mark P. Lee
Chief Technology Officer : Nick Grabowski
Chief Legal Officer : Johnathan H. Short
Head of Compliance : Frank Lennox
Sr. VP & Head of Global Communications : Lindsay Riddell
Chief Marketing Officer : Megan Hanley
Chief Growth Officer & Pres of Forge Markets : Jennifer L. Phillips
Sr. VP of Bus. Devel. : Shriram Bhashyam
Performance
Common Price : $ 1.61
NAV : $ 10.00
Premium to NAV : -84%
Warrant Price : $
Warrant Strike : $ 11.50
Warrant Intrinsic Value : $ 0.00
Total Return : -84%
Annualized Return : -65%
Annualized Volatility : 134%
Sharpe Ratio : -0.55
Maximum Drawdown : 96%
Forge Global, Inc.
None
Target announced on Sep. 13, 2021
Merger closed on Mar. 21, 2022
Valuation
Shares outstanding : 172.5 million
Current Equity Value at $ per share :
$ 0
Pro forma Equity Value at Target Announcement : $ 0
Pro forma Enterprise Value at Target Announcement : $ 0
No graph available.
Source: Investor presentation. For the latest financial projections please refer to the investor relations department of the company.