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Stock impact report

Forge Selected as Liquidating Trustee of Linqto Customer Assets

Forge Global Holdings, Inc. (FRGE) 
Company Research Source: Business Wire
SAN FRANCISCO--(BUSINESS WIRE)--Forge Global, Inc. (“Forge”), a leading private markets platform, today announced that it has been selected as the Liquidating Trustee of the Liquidating Trust that will hold customer-linked assets following the Chapter 11 proceedings of Linqto, Inc.Pursuant to the court-approved process, Forge will assume responsibility for administering assets held on behalf of former Linqto customers through post-emergence structures established under Linqto’s plan of reorganization. Forge’s role is to hold and administer these assets and support pathways for customers to realize value over time in accordance with the court-approved plan. This appointment is subject to final court approval and execution of the relevant legal agreements.“Being entrusted with these assets is a responsibility we take very seriously,” said Kelly Rodriques, Chief Executive Officer of Forge. “Forge was built to operate at the intersection of private markets, regulatory rigor and invest Show less Read more
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