Kelly discusses how Forge has seen a 25% spike in selling activity at the start of COVID-19, creating a greater imbalance of buyers and sellers than he’s seen at any time in the past four years. He notes that overall demand is muted, though there has been a big spike in buyer interest for the “stay at home” sector, including delivery services, remote work tools, online digital gaming, and news.
Kelly discusses the IPO landscape and future of the markets with Bloomberg hosts.
Kelly appeared on Cheddar to explain his predictions and outlook for the 2020 IPO pipeline.
Forge welcomes interest from the media and is committed to bringing greater transparency to the private market. However, Forge facilitates offerings and transactions in unregistered securities for private companies and their shareholders. These transactions are subject to complex securities laws and regulations impacting public disclosure of related details. Additionally, Forge’s commitment to confidentiality for both issuers and clients prohibits disclosure of particular transactions. Accordingly, Forge’s policy is to not comment on, confirm or deny any pending or potential transaction.