UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF
THE SECURITIES EXCHANGE ACT OF 1934
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(c) Appointment of Certain Officers
On July 15, 2022, Forge Global Holdings, Inc. (the “Company”) announced the promotion of Jose Cobos, the Company’s current Chief Operating Officer, to serve as the Company’s President, effective as of July 14, 2022.
Mr. Cobos joined the Company as Chief Revenue Officer in November 2019 and has served as Chief Operating Officer since May 2021. Prior to this, he served as the Head of Technology Capital Markets at the NYSE from January 2018 to November 2019. He previously served as a Managing Director of Cowen Inc. from 2011 to December 2017 and a Principal at Piper Jaffray where he worked from 2004 to 2011. He started his career serving as a Navy SEAL Officer from 1995 to 2001 and worked at General Mills from 2003 to 2004. Mr. Cobos earned his M.B.A. degree from Stanford University in 2003 and his B.S. degree in Economics from the United States Naval Academy.
Mr. Cobos’ existing compensation arrangements with the Company remain unchanged following this promotion. There are no related party transactions between the Company and Mr. Cobos (or any of his immediate family members) requiring disclosure under Item 404(a) of Regulation S-K. There are no arrangements or understandings between Mr. Cobos and any other persons pursuant to which he was promoted to President of the Company, and there are no family relationships between Mr. Cobos and any director or executive officer of the Company.
A copy of the press release announcing Mr. Cobos’ promotion and other matters is filed as Exhibit 99.1 hereto and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit Number |
Description | |
99.1 | Press Release, dated July 15, 2022 | |
104 | Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document |
SIGNATURE
Pursuant to the requirements of the Exchange Act, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Forge Global Holdings, Inc. | ||
Date: July 15, 2022 | By: | /s/ Kelly Rodriques |
Name: | Kelly Rodriques | |
Title: | Chief Executive Officer |
Exhibit 99.1
Forge Global Hires Johnathan Short as Chief Legal Officer, Promotes Jose Cobos to President
July 15, 2022 – SAN FRANCISCO – Forge Global Holdings, Inc. (NYSE: FRGE) (“Forge”), a global private securities marketplace, announced today it has hired Johnathan H. Short as its Chief Legal Officer and promoted Jose Cobos, Forge’s current Chief Operating Officer, to President.
“Johnathan Short’s deeply relevant experience at the Intercontinental Exchange, guiding a burgeoning public exchange, clearinghouse and data services group as it went from a private company to a large public exchange group with operations across the globe was incredibly attractive to Forge,” said Kelly Rodriques, CEO of Forge. “His experience and leadership building and running an impressive legal and regulatory organization for one of the world’s most respected financial services companies, and his experience in corporate governance, M&A, regulatory and government affairs, is invaluable to Forge as we focus on our next stage of growth to enable an accessible, liquid and transparent private market.”
Mr. Short spent 14 years as General Counsel and Corporate Secretary at the Intercontinental Exchange, as the public exchange, clearinghouse and data services group grew to a $45 billion public financial services company with domestic and international operations. Mr. Short oversaw all aspects of ICE’s legal, regulatory and government affairs functions during his tenure and served on ICE’s senior management committee. He grew the legal function from a two-person team when he joined ICE to a team of 75 legal and regulatory personnel.
Additionally, Jose Cobos was promoted to President of Forge, overseeing Forge Markets, Data and Trust as well as operations, and business and corporate development. Mr. Cobos joined Forge in 2019 and most recently served as Chief Operating Officer. Prior to joining Forge, Mr. Cobos was Head of Technology Capital Markets at NYSE from 2018 to 2019, a Managing Director at Cowen and Company from 2011 to 2017, and a Principal at Piper Jaffray where he worked from 2004 to 2011.
“Jose has been an instrumental leader for Forge as we transitioned from private to public,” Rodriques said. “His promotion to President is a manifestation of his hard work and strategic shepherding of the operations of this business as we achieve new milestones and continue to scale in the private market.”
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 help provide additional transparency, access and solutions that companies, institutional and accredited 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. Forge Securities is a registered Broker Dealer and Member of FINRA/SIPC, an alternative trading system.
Contacts
Investors
ir@forgeglobal.com
Press
Lindsay Riddell
press@forgeglobal.com
Cover |
Jul. 14, 2022 |
---|---|
Cover [Abstract] | |
Document Type | 8-K |
Amendment Flag | false |
Document Period End Date | Jul. 14, 2022 |
Entity File Number | 001-39794 |
Entity Registrant Name | Forge Global Holdings, Inc. |
Entity Central Index Key | 0001827821 |
Entity Tax Identification Number | 98-1561111 |
Entity Incorporation, State or Country Code | DE |
Entity Address, Address Line One | 415 Mission St. |
Entity Address, Address Line Two | Suite 5510 |
Entity Address, City or Town | San Francisco |
Entity Address, State or Province | CA |
Entity Address, Postal Zip Code | 94105 |
City Area Code | 415 |
Local Phone Number | 881-1612 |
Written Communications | false |
Soliciting Material | false |
Pre-commencement Tender Offer | false |
Pre-commencement Issuer Tender Offer | false |
Title of 12(b) Security | Common Stock, $0.0001 par value per share |
Trading Symbol | FRGE |
Security Exchange Name | NYSE |
Entity Emerging Growth Company | true |
Elected Not To Use the Extended Transition Period | false |
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