Forge Releases Forge Pro, a Major Milestone Toward an Institutional Trade Order Management System for Private Company Securities

Forge Pro launches with 15+ customers, bringing together data and trading capabilities in one powerful platform

Forge Global Holdings, Inc. (“Forge”) (NYSE: FRGE), a leading provider of marketplace infrastructure, data services and technology solutions for private market participants, today announced the public release of Forge Pro, marking a significant step in the company’s development of a trade order management system for institutional investors trading in private company securities.

“The growing number of institutional investors allocating into this asset class require sophisticated trading solutions,” said James Brooks, Chief Product and Chief Commercial Officer at Forge. “We believe Forge Pro brings together comprehensive data and order management capabilities in one powerful platform to meet these needs.”

As institutions increasingly shift their focus to private markets, Forge Pro surfaces unprecedented private market data while providing investors with the data and technology required to manage transactions including:

• Order creation and share class specification for private company stock
• Live order book with bid/ask prices, share quantities, and market spreads
• Trade status tracking
• Roles, restrictions and permissions for specific firm employees

With Forge Pro, investors can enter bids or asks in private shares and transact with confidence and security on Forge, the only publicly traded company focused on private market trading.

More than fifteen customers have been onboarded, demonstrating Forge’s leadership position with institutional investors and signaling the strength of market demand for this burgeoning technology.

"Our investment team has long utilized Forge’s private market data to help inform our investment decisions,” said Christian Munafo, Chief Investment Officer and Portfolio Manager at Liberty Street Advisors, an early user of Forge Pro. “Through Forge Pro, we have access to an additional layer of proprietary market data which can be used to help monitor secondary transaction activity as well as input and update orders.”

“This is a major milestone in Forge’s technology strategy and in our ability to deliver the highest quality data and cutting-edge trading solutions into the hands of our institutional clients,” said Kelly Rodriques, CEO of Forge.

About Forge

Forge is a leading provider of marketplace infrastructure, data services and technology solutions for private market participants. Forge Securities LLC is a registered broker-dealer and a Member of FINRA that operates an alternative trading system.

Forge defines institutional customers as participants on its platform who are legal entities with primary business activities related to private equity, investment activities, or financial services.

Forward-Looking Statements:

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 through Forge Pro. 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.

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