Forge Global Announces Forge Price, A New Standard for Pricing Pre-IPO Venture-Backed Late-Stage Companies, Now Integrated into Forge Pro and Related Data Products
Forge Price is a derived, indicative price calculated daily for approximately 250 pre-IPO venture-backed late-stage companies. This innovative pricing model provides a derived price per share for each company by synthesizing data from various sources, including secondary market transactions, recent funding rounds, and indications of interest on Forge.
Forge Price provides faster and more frequent pricing updates compared to other standalone sources such as primary funding round prices and mutual fund marks. This allows for more updated marking of positions, valuation of portfolios, and performance measurement in private investing. Forge believes the result is a more timely reflection of company value and price discovery, providing a potential competitive edge for private market participants.
“The Forge Price pricing model can unlock new product innovations, deliver new insights, and broaden access to a larger set of market participants,” says
Forge Price is seamlessly integrated into Forge Pro, the Company’s institutional trading platform, and Forge customers can access Forge Price historic data sets through methods including API and file-based delivery. Forge Pro equips investors with advanced analytics tools to monitor live secondary market data and execute transactions from a single, unified platform. By incorporating Forge Price, Forge Pro users will benefit from real-time, actionable insights, aimed to enhance their investment process.
Forge Price marks a significant advancement in Forge’s suite of private market offerings, providing a more up-to-date view of company price discovery and valuations. Forge Price also serves as the building block for financial product creations, including thematic baskets such as the Private Market Magnificent 7, and it is instrumental in powering Forge’s proprietary indices, such as the Forge Private Market Index and the Forge Accuidity Private Market Index. These indices are benchmarks for private market performance and are used as index-based investment strategies (like in the case of the
About Forge
Forge is a leading provider of marketplace infrastructure, data services and technology solutions for private market participants.
Forward-Looking Statements
This press release contains “forward-looking statements,” which generally are accompanied by words such as “believe,” “may,” “could,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “target,” “goal,” “expect,” “should,” “would,” “plan,” “predict,” “project,” “forecast,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict, indicate, or relate to future events or trends or Forge’s future financial or operating performance, or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding Forge’s beliefs regarding Forge Price and future opportunities for Forge to expand its business. Forward-looking statements are predictions, projections, and other statements about future events that are based on current expectations and assumptions and, as a result, while considered reasonable by Forge and its management, are subject to risks and uncertainties that may cause actual results to differ materially from current expectations. You should carefully consider the risks and uncertainties described in Forge’s documents filed, or to be filed, with the
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