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Stock impact report

Forge Global Announces Stockholder Approval of Merger

Forge Global Holdings, Inc. (FRGE) 
Company Research Source: Business Wire
SAN FRANCISCO--(BUSINESS WIRE)--Forge Global Holdings, Inc. (“Forge”) (NYSE: FRGE), a leading provider of marketplace infrastructure, data services, and technology and investment solutions for the private market, today announced that Forge’s stockholders approved all proposals related to the previously announced acquisition of Forge by The Charles Schwab Corporation (“Schwab”).A total of 9,687,311 shares of Forge’s common stock were represented in person or by proxy at Forge’s special stockholder meeting (“Special Meeting”), representing 69.97% of the total voting power of the holders of Forge’s common stock, which constituted a quorum for the transaction of business at the meeting. Approximately 69.81% of the votes cast at the Special Meeting voted to approve the proposal to adopt the merger agreement entered into by Forge and Schwab, and approximately 68.95% of the votes cast at the Special Meeting voted to approve, on a non-binding, advisory basis, certain compensation arrangem Show less Read more
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