On November 6, 2025, the Charles Schwab Corporation announced its planned acquisition of Forge Global Holdings.
The Charles Schwab Corporation (“Schwab”) announced, on November 6, 2025, its planned acquisition of Forge Global Holdings (“Forge”). Under the terms of the transaction, Schwab will acquire all of Forge’s issued and outstanding common shares for $45 per Common Share, in a transaction valued at approximately $660 million. The transaction is expected to close in the first half of 2026. Further terms of the transaction were not disclosed.
Schwab, based in Westlake, Texas, is a financial services provider offering wealth management, securities brokerage, banking, asset management, and financial advisory services. Schwab has approximately $11.59 trillion in total client assets. J.P. Morgan Securities served as Schwab’s financial advisor in the transaction.
Forge (NYSE: FRGE), based in San Francisco, is a registered broker-dealer offering marketplace infrastructure and data services to private market participants. Forge’s platform has allowed for investors to sell more than $17 billion in private company shares.
To read the press release: please click here.