Table of Contents Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, par value $0.0001 per share FRGE The New York Stock Exchange Large accelerated filer o Accelerated filer o Non-accelerated filer x Smaller reporting company x Emerging growth company o UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended J ...

Exhibit 99.1 Forge Global Holdings, Inc. Reports Second Quarter Fiscal Year 2024 Results • Total Revenue Less Transaction Based Expenses increased to $22.0 million in 2Q24, up 15% quarter-over-quarter and 32% over the year-ago quarter • Total Marketplace Revenues, Less Transaction Based Expenses increased to $11.4 million in 2Q24, up 35% quarter-overquarter and 103% over the year-ago quarter • Trading Volume increased to $426.3 million in 2Q24, up 62% quarter-over-quarter and 178% over the year-ago quarter ...

Financial Data and Key Metrics Changes - In Q1 2024, total revenue less transaction-based expenses reached $19.2 million, a 2% increase from the previous quarter [42] - Adjusted EBITDA loss was $13.5 million, slightly improved from a loss of $13.6 million in the prior quarter [19] - Net loss decreased from $26.2 million to $19 million quarter-over-quarter, influenced by an $8.2 million favorable noncash change in the fair value of warrant liabilities [45] Business Line Data and Key Metrics Changes - Marketplace revenue, previously termed placement fee revenue, increased by 5% as the market continues to recover [41][15] - Transaction volume rose by 5% from $250 million to $263 million, with a stable net take rate of 3.2% [16] - Total custodial cash balances decreased to $481 million from $505 million at year-end, leading to a 2% decline in custodial administration fees [44] Market Data and Key Metrics Changes - The Forge Private Market Index increased by 4.5% in Q1 2024, indicating rising buy-side interest [23] - Indications of interest (IOIs) submitted on the platform rose by 45% in Q1, signaling re-engagement from buyers [52] - The bid/ask spread narrowed to 9.5%, below the four-year median, suggesting improved market conditions [52][13] Company Strategy and Development Direction - The company aims to emerge as a market leader with a stronger technology and data portfolio following a downturn [5] - Expansion into Europe is underway, with trades executed in the region and a focus on regulatory approvals for further growth [13][72] - The partnership with Accuidity is seen as a strategic move to enhance market access for retail investors and broaden revenue streams [56][84] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the market's recovery, noting that the pipeline for Q2 is stronger than it has been since Q2 2022 [24] - The company is focused on reducing cash burn while investing in strategic priorities to enhance its platform and services [48] - There is cautious optimism regarding the IPO market, with expectations that positive IPO performances could stimulate further investment activity [22][24] Other Important Information - The company reported a total headcount of 337, with a commitment to maintaining expense discipline [20] - Cash, cash equivalents, and restricted cash totaled approximately $130.7 million at the end of the quarter, down from $145.8 million [112] - The company is monitoring macroeconomic variables, particularly interest rates, which could impact trading volumes and investor sentiment [22][53] Q&A Session Summary Question: How does the Forge Index and partnerships with Accuidity impact market access? - Management highlighted the importance of solving the private market access problem for investors and sees this as a potential tipping point for mainstream acceptance of private market assets [56] Question: Are you seeing a transition from more sellers to buyers in the marketplace? - Management confirmed that over 60% of IOIs were from buyers in Q1 2024, the highest level since the market decline began in late 2021 [90] Question: What is the hiring plan for the European expansion? - The company plans to keep headcount flat while focusing on revenue generation, with modest hiring aligned with revenue traction [75] Question: What factors are needed to support higher transaction volumes? - Management indicated that improved valuations and a recovery in the IPO market are crucial for increasing transaction volumes [99][102] Question: What is the company's position on potential industry consolidation? - Management believes the market is ripe for consolidation and sees opportunities to leverage their public currency for strategic acquisitions [93][117]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-04321 Forge Global Holdings, Inc. (Exact name of registrant as specified in its charter) Delaware 98-1561111 ( ...

Exhibit 99.1 Forge Global Holdings, Inc. Reports First Quarter Fiscal Year 2024 Results SAN FRANCISCO – May 7, 2024 – Forge Global Holdings, Inc. ("Forge," or the "Company") (NYSE: FRGE), a leading private securities marketplace, today announced its financial results for the quarter ended March 31, 2024. "I'm pleased to share that in the first quarter of 2024, Forge delivered our 4th consecutive quarter of revenue improvement as the market continues its recovery," said Kelly Rodriques, CEO of Forge. "We bel ...

Forge Global Holdings, Inc. (NYSE:FRGE) Q4 2023 Earnings Conference Call March 26, 2024 5:00 PM ET Company Participants Lindsay Riddell - Executive Vice President, Corporate, Marketing & Communications Kelly Rodriques - Chief Executive Officer Mark Lee - Chief Financial Officer Dominic Paschel - Senior Vice President, Finance & Investor Relations Conference Call Participants Devin Ryan - Citizens JMP Patrick Moley - Piper Sandler Alex Kramm - UBS Financial Owen Lau - Oppenheimer Michael Cho - JPMorgan Oper ...

1 On March 25, 2022, the Company filed a Current Report on Form 8-K (the "Form 8-K") which, among other things, included the audited financial statements (and notes thereto) of Forge Global as of and for the fiscal years ended December 31, 2021 and 2020 (the "Forge Global 2021 Financial Statements"), Management's Discussion and Analysis of Financial Condition and Results of Operations for Forge Global for the years ended December 31, 2021 and 2020 (the "Forge Global 2021 MD&A"), and Unaudited Pro Forma Cond ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-04321 Forge Global Holdings, Inc. (Exact name of registrant as specified in its charter) Delaware 98-1561111 (State ...

Revenue and Financial Performance - Total revenue less transaction-based expenses increased from $18.4 million in Q3 2023 to $18.9 million in Q4 2023, a 13% year-over-year increase[4][10] - Total revenues for the year ended December 31, 2023, were $69.82 million, compared to $69.38 million in 2022, showing a slight increase of 0.6%[36] - Marketplace revenue for the year ended December 31, 2023, was $25.79 million, a decrease of 36.5% compared to $40.67 million in 2022[36] - Custodial administration fees increased to $44.03 million in 2023, up 53.3% from $28.72 million in 2022[36] - Marketplace revenues, less transaction-based expenses, for the year ended December 31, 2023, were $25.4 million, a 37% decrease from $40.2 million in 2022[44] Trading and Volume Metrics - Trading volume in Q4 2023 was $250.4 million, up 1% year-over-year and 7% quarter-over-quarter[10][17] - Volume for the three months ended December 31, 2023, was $250.4 million, a 7% increase from $234.1 million in the previous quarter[44] - Trading volume for the year ended December 31, 2023, was $765.9 million, a 37% decrease from $1.22 billion in 2022[44] - Trades for the year ended December 31, 2023, were 1,756, a 20% decrease from 2,184 in 2022[44] Net Loss and Adjusted EBITDA - Net loss increased from $19.0 million in Q3 2023 to $26.2 million in Q4 2023, primarily due to a $2.5 million increase in accrued legal expenses[5] - Adjusted EBITDA loss increased from $10.4 million in Q3 2023 to $13.6 million in Q4 2023[5] - Net loss for the year ended December 31, 2023, was $91.55 million, an improvement from the $111.91 million net loss in 2022, reflecting a reduction of 18.2%[36] - Net loss for the year ended December 31, 2023, was $91.5 million, compared to $111.9 million in 2022, showing a reduction in losses[38] - Adjusted EBITDA for the year ended December 31, 2023, was $(48.8) million, compared to $(46.9) million in 2022[40] Cash and Liquidity - Cash and cash equivalents as of December 31, 2023 was $144.7 million[7] - Cash and cash equivalents decreased from $193.14 million in 2022 to $144.72 million in 2023, a decline of 25.1%[34] - Net cash used in operating activities for the year ended December 31, 2023, was $41.5 million, compared to $68.8 million in 2022[38] - Cash, cash equivalents, and restricted cash at the end of December 31, 2023, were $145.8 million, down from $194.9 million at the end of 2022[38] Custodial Accounts and Assets Under Custody - Total assets under custody increased from $14.9 billion in 2022 to $15.6 billion in 2023, a 5% year-over-year increase[10][25] - Total custodial accounts increased from 1.87 million in 2022 to 2.08 million in 2023, an 11% year-over-year increase[25] - Total Custodial Accounts increased by 55,112 (3%) to 2,078,868 as of December 31, 2023, compared to September 30, 2023[46] - Assets Under Custody grew by $498.99 million (3%) to $15.647 billion as of December 31, 2023, compared to September 30, 2023[46] - Total Custodial Accounts increased by 207,722 (11%) to 2,078,868 as of December 31, 2023, compared to December 31, 2022[46] - Assets Under Custody increased by $777.21 million (5%) to $15.647 billion as of December 31, 2023, compared to December 31, 2022[46] - Total Custodial Accounts represent funded or unfunded accounts with active transfer activity, indicating future revenue potential from maintenance and transaction fees[46] - Assets Under Custody include all client holdings managed by the company, with fees earned from maintenance activities rather than asset value[46] Net Take Rate and Interest Income - Net take rate was 3.2% in Q4 2023 and 3.3% for the full year 2023[10][17] - Net Take Rate remained stable at 3.3% for both 2023 and 2022[44] - Interest income, net, increased to $6.42 million in 2023, up 139.5% from $2.68 million in 2022[36] Operating Expenses and Share-Based Compensation - Total operating expenses for the year ended December 31, 2023, were $160.84 million, down from $203.94 million in 2022, a reduction of 21.1%[36] - Share-based compensation for the year ended December 31, 2023, was $34.3 million, down from $57.9 million in 2022[38] Total Assets and Liabilities - Total assets decreased from $363.73 million in 2022 to $310.73 million in 2023, a decline of 14.6%[34] - Total liabilities increased from $38.27 million in 2022 to $42.31 million in 2023, a rise of 10.6%[34] Forge Trust Custodial Cash and IOIs - Forge Trust Custodial Cash totaled $505 million in Q4 2023, down 20% year-over-year from $635 million[17] - Total number of companies with indications of interest (IOIs) was 485 in Q4 2023, up 11% year-over-year[17] Net Loss Per Share - Net loss per share attributable to Forge Global Holdings, Inc. common stockholders was $0.52 for the year ended December 31, 2023, compared to $0.78 in 2022, showing a reduction of 33.3%[36]

SAN FRANCISCO--(BUSINESS WIRE)--Forge Global Holdings, Inc. (NYSE: FRGE) (“Forge”), a global private securities marketplace, today announced that it will report fourth quarter and full year 2023 financial results on Tuesday, March 26, 2024. Management will host a conference call and webcast at 5:00 p.m. Eastern Time / 2:00 p.m. Pacific Time, following the release of its earnings materials, to discuss the Forge’s financial and business results. What: Forge Global Holdings, Inc. - Fourth Quarter and Full Yea ...