Forge Global Faces NYSE Compliance Challenge

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An announcement from Forge Global Holdings ( (FRGE) ) is now available.

Forge Global Holdings received a notification from the New York Stock Exchange about non-compliance with the minimum average closing price requirement of its common stock. The company plans to address this issue within a six-month cure period while maintaining its NYSE listing, potentially considering options like a reverse stock split to meet compliance.

More about Forge Global Holdings

Forge Global Holdings is a leading provider of marketplace infrastructure, data services, and technology solutions for private market participants. It operates through Forge Securities LLC, a registered broker-dealer and a member of FINRA, offering an alternative trading system.

YTD Price Performance: 0.43%

Average Trading Volume: 587,909

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $174.8M

Learn more about FRGE stock on TipRanks’ Stock Analysis page.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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