September 13, 2021

Press Release

Forge Global Introduces Forge Intelligence to Increase Access to Insights for Private Market Investors

New product from Forge Data leverages proprietary dataset to deliver analysis tool for private market investors

SAN FRANCISCO, CA — Sept. 13, 2021 — Forge Global, Inc. (“Forge”), a leading global private securities marketplace, has announced Forge Intelligence, a web-based data product that allows private market investors to gain insight on private companies traded in the secondary markets. The first of its kind solution gives investors access to Forge Data which includes proprietary trading data from the Forge Markets platform, deep company data for top private companies and analytics to inform investment and trading decisions.

With Forge Intelligence, investors can gain transparency into price discovery with market data such as volume weighted average price (VWAP) and trade volume over time, see transaction-level details across trades, explore active bid-ask spreads on private companies, and analyze changes to equity ownership and valuation resulting from different exit scenarios — all to better inform their private market investment strategies.

“As participation in the private markets continues to increase, investors are seeking greater transparency and access to insights to help navigate their decisions,“ said Vidya Eashwer, SVP, Head of Forge Data. “Forge Intelligence gives private market investors greater visibility into the data they need to be more confident in decision making — from assessing opportunities, to valuing private companies, to planning investment strategies to managing risk exposure — we’re helping investors see beyond their blind spots.”

Having facilitated over 19,000 trades of private shares in more than 400 companies since inception, representing over $10 billion in volume with buyers and sellers in 70 countries, Forge is uniquely positioned to provide private market data and insights to investors, institutions and private companies.

Forge Intelligence is available now. Find more information or request a demo at https://forgeglobal.com/data

About Forge

Forge is a leading provider of marketplace infrastructure, data services and technology solutions for private market participants. By combining world-class trading technology and operating expertise, Forge Markets enables private company shareholders to trade private company shares with accredited investors. Forge Company Solutions, Forge Data and Forge Trust along with Forge Markets provide the transparency, access and solutions that companies, as well as institutional and individual investors need to confidently navigate and efficiently transact in the private markets. Securities related services are offered through Forge Securities LLC (“Forge Securities”), a wholly-owned subsidiary of Forge Global, Inc. Forge Securities is a registered Broker Dealer and, Member FINRA/SIPC and alternative trading system.

Important Information and Where to Find It

This communication is being made in respect of the proposed business combination transaction involving Motive Capital and Forge. A full description of the terms of the transaction is expected to be provided in a registration statement on Form S-4 to be filed by Motive Capital with the SEC. Motive Capital urges investors, stockholders and other interested persons to read, when available, the preliminary proxy statement/prospectus as well as other documents filed with the SEC because these documents will contain important information about Motive Capital, Forge and the transaction. After the registration statement is declared effective, the definitive proxy statement/prospectus to be included in the registration statement will be mailed to stockholders of Motive Capital as of a record date to be established for voting on the proposed transaction. Stockholders will also be able to obtain a copy of the proxy statement/prospectus, without charge, by directing a request to: Motive Capital Corp., 7 World Trade Center, 250 Greenwich Street, Floor 47, New York, NY 10007. The preliminary and definitive proxy statement/prospectus to be included in the registration statement, once available, can also be obtained, without charge, at the SEC’s website (www.sec.gov). The information contained on, or that may be accessed through, the websites referenced in this press release is not incorporated by reference into, and is not a part of, this press release.

Participants in the Solicitation

Motive Capital and Forge, and their respective directors and executive officers, may be considered participants in the solicitation of proxies with respect to the potential transaction described in this press release under the rules of the SEC. Information about the directors and executive officers of Motive Capital is set forth in its Annual Report on Form 10-K for the fiscal year ended December 31, 2020, which was filed with the SEC on March 23, 2021. Information regarding other persons who may, under the rules of the SEC, be deemed participants in the solicitation of the stockholders in connection with the potential transaction will be set forth in the proxy statement/ prospectus when it is filed with the SEC. These documents can be obtained free of charge from the sources indicated above.

Non-Solicitation

This press release is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the potential transaction and shall not constitute an offer to sell or a solicitation of an offer to buy the securities of Motive Capital or Forge, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended.

Forward-Looking Statements

This press release includes, and oral statement made from time to time by representatives of Motive Capital and Forge may contain, statements that are not historical facts but are forward looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements 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 or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding projections, estimates and forecasts of revenue and other financial and performance metrics and projections of market opportunity and expectations, the ability to complete the business combination due to the failure to obtain approval from Motive’s shareholders or satisfy other closing conditions in the business combination agreement, the occurrence of any event that could give rise to the termination of the business combination agreement, the ability to recognize the anticipated benefits of the business combination, the amount of redemption requests made by Motive’s public shareholders, the estimated implied enterprise value of the Company, Forge’s ability to effectively compete in its industry, Forge’s ability to scale and grow its business, the cash position of the Company following closing and the timing of the closing of the business combination. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. You should carefully consider the risks and uncertainties described in the “Risk Factors” section of Motive Capital’s final prospectus filed on December 14, 2020, Annual Report on Form 10-K for the fiscal year ended December 31, 2020, in each case, under the heading “Risk Factors,” and other documents of Motive Capital filed, or to be filed, including the proxy statement/prospectus, with the SEC. There may be additional risks that Motive Capital and Forge presently do not know or that they currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Motive Capital’s and Forge’s expectations, plans or forecasts of future events and views as of the date of this press release. Motive and Forge anticipate that subsequent events and developments will cause their assessments to change. However, while Motive Capital and Forge may elect to update these forward-looking statements at some point in the future, Motive Capital and Forge specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing Motive Capital’s and Forge’s assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements.

Press Contact

Kelsey
Quickstad

Email

Media Policy and Transaction Information

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.