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Shares of Forge Global Holdings, Inc. (NYSE:FRGE) are trading higher Monday after the implementation of a 1-for-15 reverse stock split.
What To Know: The reverse split, which took effect on April 14 2025, was approved by shareholders at a special meeting held on March 27 and authorized by the company's board of directors on March 28.
The reverse stock split reduced the number of Forge's outstanding common shares, consolidating every fifteen existing shares into one. Trading on a split-adjusted basis began on April 15.
FRGE Price Action: Forge Global Holdings shares were up 23.3% at $11.88 at the time of writing, according to Benzinga Pro.
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Posted In: FRGE
