Home/Filings/8-K/0001827821-26-000006
8-K//Current report

Forge Global Holdings, Inc. 8-K

Accession 0001827821-26-000006

$FRGECIK 0001827821operating

Filed

Jan 22, 7:00 PM ET

Accepted

Jan 22, 5:31 PM ET

Size

168.2 KB

Accession

0001827821-26-000006

Research Summary

AI-generated summary of this filing

Updated

Forge Global Holdings (FRGE) Approves Merger with Charles Schwab

What Happened

  • Forge Global Holdings, Inc. announced that its stockholders approved the Agreement and Plan of Merger with The Charles Schwab Corporation at a virtual special meeting held on January 22, 2026. Under the Merger Agreement, Ember‑Falcon Merger Sub Inc. (a Schwab subsidiary) will merge with and into Forge, with Forge surviving as a wholly‑owned subsidiary of Schwab.
  • The company filed the Form 8‑K on January 23, 2026 and issued a press release on January 22, 2026 announcing the voting results.

Key Details

  • Record date: December 9, 2025 — 13,844,606 shares of common stock outstanding and eligible to vote.
  • Attendance/quorum: 9,687,311 shares represented (69.97% of outstanding), sufficient for a quorum.
  • Merger Agreement vote: 9,666,293 votes FOR; 570 votes AGAINST; 20,448 ABSTAIN.
  • Advisory executive compensation vote: 9,547,013 FOR; 55,391 AGAINST; 84,907 ABSTAIN.
  • Proposal to adjourn (if needed) was not called because the Merger Agreement was approved.

Why It Matters

  • Stockholder approval is a required and material step toward completing the transaction — with the Merger Agreement approved, the deal can move forward toward closing subject to the remaining terms and closing conditions in the agreement.
  • The strong FOR votes on both the merger and the advisory compensation proposal indicate broad shareholder support, which reduces execution risk related to shareholder opposition.
  • Investors should watch for subsequent filings and announcements (regulatory approvals, closing conditions, timing, and any additional details on integration or expected impacts) as the transaction progresses.