Forge Global Holdings Inc 2025年季度报告

SECURITIES AND EXCHANGE COMMISSION (Mark One) OR Commission file number001-04321 Forge Global Holdings, Inc.(Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934during the preceding 12 months (or for such shorter period that the registrant was required to file such reports); and (2) has been subject to such filingrequirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 ofRegulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files.Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or anemerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company”in Rule 12b-2 of the Exchange Act: If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new orrevised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). As of May6, 2025, the registrant had12,328,245shares of common stock, $0.0001 par value per share, outstanding, which reflects the registrant's 1-for-15reverse stock split that became effective on April 14, 2025. Table of Contents CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Unless the context otherwise requires, references in this Quarterly Report on Form 10-Q (this "Report") to “Forge,” the“Company,” “us,” “we,” “our,” and any related terms are intended to mean Forge Global Holdings, Inc. and its consolidated Certain statements in this Report may constitute “forward-looking statements” for purposes of the federal securities laws. Ourforward-looking statements include, but are not limited to, statements regarding our or our management team’s expectations, hopes,beliefs, intentions, or strategies regarding the future. In addition, any statements that refer to projections, forecasts, or othercharacterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words“anticipate,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” •effectively respond to general macroeconomic and business conditions;•execute our business strategy, including monetization of services provided;•anticipate the uncertainties inherent in the development of new business lines, strategies, products, and services;•anticipate rapid technological changes and competitive threats;•respond to uncertainties associated with product and service development and market acceptance;•increase brand awareness;•attract, train, and retain effective officers, employees, directors, and other key personnel;•acquire, develop, and protect intellectual property;•maintain key strategic relationships with partners;•anticipate the significance and timing of contractual obligations;•enhance future operating and financial results;•respond to fluctuations in interest rates and foreign currency exchange rates;•finance operations on an economically viable basis;•meet future capital adequacy and liquidity requirements;•obtain additional capital, including use of the debt market;•comply with laws and regulations applicable to our business;•stay abreast of modified or new laws and regulations that would apply to our business;•manage cybersecurity and technology risk management processes, including incident management processes;•upgrade and maintain information technology systems;•maintain disaster recovery and business continuity planning controls;•manage vendor and third party processes;•adequately support data governance and data privacy controls related to personal information and consumer data;•maintain the listing of our securities on the NYSE or another national securities exchange; We caution you that the foregoing list may not contain all of the forward-looking statements made in this Report. You should not rely upon forward-looking statements as predictions of future events. We have based the forward-lookingstatements contained in this Report primarily on our current expectations and projections about future events and trends that webelieve may affect our business, financial condition, results of operations, and prospects. The outcome of the events described in theseforward-looking st