Forge Global Shareholders Approve Acquisition by Charles Schwab
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 22 2026
0mins
Should l Buy SCHW?
Forge Global (FRGE) announced that Forge's stockholders approved all proposals related to the previously announced acquisition of Forge by The Charles Schwab Corporation (SCHW). A total of 9,687,311 shares of Forge's common stock were represented in person or by proxy at Forge's special stockholder meeting, representing 69.97% of the total voting power of the holders of Forge's common stock, which constituted a quorum for the transaction of business at the meeting. Approximately 69.81% of the votes cast at the Special Meeting voted to approve the proposal to adopt the merger agreement entered into by Forge and Schwab, and approximately 68.95% of the votes cast at the Special Meeting voted to approve, on a non-binding, advisory basis, certain compensation arrangements for Forge's named executive officers in connection with the acquisition. Due to the stockholders' approval of the merger agreement proposal, a vote on the proposal to adjourn the Special Meeting was not called. The acquisition of Forge by Schwab is expected to close in the first half of 2026, subject to customary closing conditions, including regulatory approvals.
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Analyst Views on SCHW
Wall Street analysts forecast SCHW stock price to rise
16 Analyst Rating
14 Buy
1 Hold
1 Sell
Strong Buy
Current: 92.280
Low
91.00
Averages
116.64
High
148.00
Current: 92.280
Low
91.00
Averages
116.64
High
148.00
About SCHW
The Charles Schwab Corporation is a savings and loan holding company. The Company, through its subsidiaries, engages in wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. The Company provides financial services to individuals and institutional clients through two segments: Investor Services, and Advisor Services. The Investor Services segment provides retail brokerage, investment advisory, and banking and trust services to individual investors, and retirement plan and business services, as well as other corporate brokerage services, to businesses and their employees. The Advisor Services segment provides custodial, trading, banking and trust, and support services to independent registered investment advisors (RIAs), independent retirement advisors, and recordkeepers. Its products and services include brokerage, mutual funds, exchange-traded funds (ETFs), managed investing solutions, alternative investments, banking, and trust.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Wealth Management Surge: The surge in demand for wealth management solutions has propelled the company's performance, reflecting strong client interest in investment and financial services, thereby enhancing Schwab's competitive edge in the market.
- Banking Solutions Innovation: Schwab's banking solutions also hit new highs, demonstrating the company's success in providing integrated financial services, which further solidifies its market leadership position.
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