Charles Schwab in its $660 million acquisition of Forge Global

On November 6, 2025, The Charles Schwab Corporation (NYSE: SCHW) announced it has entered into a definitive agreement to acquire Forge Global Holdings, Inc. (NYSE: FRGE) in a transaction valued at $660 million.  Forge operates the premier private market platform and a leading trading marketplace through which investors have bought and sold more than $17 billion in private company shares.  The transaction creates the premier destination to democratize access to private markets.

Wachtell, Lipton, Rosen & Katz is serving as legal advisor to Schwab.