Forge Global Launches Next Generation Marketplace, Delivering a Smarter Way to Trade Private Stock

Forge Global Holdings, Inc. ("Forge") (NYSE:FRGE), a leading provider of marketplace infrastructure, data services, and technology and investment solutions for the private market, today introduced its next generation marketplace—the first major release on Forge's new API-first next generation platform.

"Today's launch is a milestone for the private market," said Kelly Rodriques, Chief Executive Officer of Forge. "We've taken more than a decade of market expertise and proprietary pricing data, and codified it into a data-rich, automated trading experience. This marketplace, built on our next generation platform, doesn't just reflect where the market is today—it's built for where it's going."

The next generation marketplace delivers a smarter way to discover, evaluate, and execute private market trades. It transforms what historically has been a manual, opaque process into an intuitive, data-rich, and more automated experience. Investors and shareholders can now view a continually refreshed live order book, access contextual pricing insights like Forge Price™ and negotiate and execute trades—all in one place.

By automating discovery, negotiation and execution, and layering in relevant, contextual and timely pricing insights, the next generation marketplace puts real-time intelligence and self-service tools in the hands of investors and shareholders—making it faster, simpler and more intuitive to take action.

The marketplace addresses common private market challenges that have historically made trading inefficient, including fragmented data, bespoke corporate bylaws, and lack of transparency throughout the trade cycle. Through the next generation marketplace, Forge surfaces actionable pricing intelligence including historic pricing insights and current bids and asks so participants gain an unprecedented real-time view of the market in each company.

"Each private company has its own playbook—unique transfer restrictions, approval workflows and trading windows," said Vidya Eashwer, Chief Product and Technology Officer at Forge. "We've encoded that company-specific logic and more than a decade of our team's expertise directly into the marketplace, so transactions that once depended on phone calls and spreadsheets can flow seamlessly online."

Key benefits of the Forge next generation marketplace:

• Live, Actionable Order Book – Bids and asks automatically expire after 30 days by default unless reconfirmed, helping ensure investors always see fresh, actionable opportunities.
• Contextual Pricing Insights – Access Forge Price™, last matched trade and other signals, plus historical trend charts to understand where the market is moving before taking action.
• Self-directed 24/7 Trading – Enter bids and asks, negotiate terms, execute and track trades end-to-end in your dashboard around the clock — or tap into the expertise of Forge's experienced team of private market specialists for tailored guidance and support.
• Streamlined Discovery & Monitoring – Streamlined onboarding, personalized watchlists, alerts and company level insights keep investors updated on companies and price movements that matter, putting the customer in charge.

The release of the new marketplace on the Forge next generation platform marks a pivotal milestone in Forge's long-term strategic vision to accelerate the private market's evolution. It represents both a culmination of foundational infrastructure investments and a giant leap in a multi-year roadmap to deliver a more connected, transparent and accessible private market ecosystem.

"Our next generation platform, with its modular, API-first architecture, is designed for integration, flexibility and scale," said Ms. Eashwer. "We built it to support not only private secondary trading through Forge, but partner integration, custody capabilities and the next wave of investment structures—from single-company funds to multi-asset funds and more—that will enable unprecedented access to this market."

About Forge

Forge (NYSE:FRGE) is a leading provider of marketplace infrastructure, data services, technology and investment solutions for the private market. Forge Securities LLC is a registered broker dealer and member of FINRA that operates an alternative trading system. For more information or to explore the new Marketplace, visit www.forgeglobal.com.

Forward-Looking Statements; Legal Notices

This press release contains "forward-looking statements," which generally are accompanied by words such as "believe," "may," "could," "will," "estimate," "continue," "anticipate," "intend," "target," "goal," "expect," "should," "would," "plan," "predict," "project," "forecast," "potential," "seem," "seek," "future," "outlook," and similar expressions that predict, indicate or relate to future events or trends or Forge's future financial or operating performance, or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding Forge's beliefs regarding future opportunities for Forge to expand its business utilizing the next generation marketplace. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, while considered reasonable by Forge and its management, are subject to risks and uncertainties that may cause actual results to differ materially from current expectations. You should carefully consider the risks and uncertainties described in Forge's documents filed, or to be filed, with the SEC from time to time, including in its Quarterly Reports on Form 10-Q and Annual Reports on Form 10-K. There may be additional risks that Forge presently does not know of or that it currently believes are immaterial that could also cause actual results to differ materially from those contained in the forward-looking statements. In addition, forward-looking statements reflect Forge's expectations, plans or forecasts of future events and views as of the date of this press release. Forge anticipates that subsequent events and developments will cause its assessments to change. However, while Forge may elect to update these forward-looking statements at some point in the future, Forge specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Forge's assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements. The term "smarter" as used in this press release refers to access to enhanced tools and data insights and does not insinuate assurance of improved performance.

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