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Forge Global Holdings (Motive Capital) Priced, NYSE: FRGE

Blank check company formed by Motive Partners targeting the fintech sector (completed 3/21/2022).

Industry: SPAC

First Day Return: +2.6%

Industry: SPAC

We are a newly incorporated blank check company. Our sponsor is an affiliate of Motive Partners, a specialist private equity firm with extensive investment, operating and innovating experience. While we may pursue an acquisition opportunity in any financial technology business in any geographical location, we intend to focus our search on a target that aligns with the background and experience of Motive in financial technology. We expect to focus primarily on companies that serve five primary sub-sectors of our market segment: Banking & Payments, Capital Markets, Data & Analytics, Insurance, and Investment Management. We seek financial technology companies in these sub-sectors that exhibit infrastructure-like characteristics and are strategically important to their customers. Furthermore, we believe that Motive’s fully integrated platform comprising (1) investment expertise, (2) industry perspective and operating skillset, and (3) technological and innovation capabilities, has the potential to radically change the trajectory of such companies. The Company, will be led by Rob Heyvaert, Executive Chairman and director, Blythe Masters, Chief Executive Officer and director and Kristy Trieste, Chief Financial Officer and director, who will be supported by the broader Motive team as well as our directors.
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IPO Data
IPO File Date 11/25/2020
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 36.0
Deal Size ($mm) $360
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 12/10/2020
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $360
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters New York, NY, United States
Founded 2020
Employees at IPO 3
Website www.motivepartners.com

Forge Global Holdings (Motive Capital) (FRGE) Performance