# EDGAR Filing Document

**Accession Number:** 0001827821
**File Stem:** 0000949497-25-000005
**Filing Date:** 2025-8
**Character Count:** 8028
**Document Hash:** 8267fc4dd3d806787611a3e3f6af5341
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000949497-25-000005.hdr.sgml**: 20250812

**ACCESSION NUMBER**: 0000949497-25-000005

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D/A

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20250812

**DATE AS OF CHANGE**: 20250812

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Forge Global Holdings, Inc.
- **CENTRAL INDEX KEY:** 0001827821
- **STANDARD INDUSTRIAL CLASSIFICATION:** SECURITY & COMMODITY BROKERS, DEALERS, EXCHANGES & SERVICES [6200]
- **ORGANIZATION NAME:** 09 Crypto Assets
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-92219
- **FILM NUMBER:** 251206747

**BUSINESS ADDRESS:**
- **STREET 1:** 415 MISSION ST.
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105
- **BUSINESS PHONE:** 415-881-1612

**MAIL ADDRESS:**
- **STREET 1:** 415 MISSION ST.
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Motive Capital Corp
- **DATE OF NAME CHANGE:** 20201120

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MCF2 Acquisition Corp.
- **DATE OF NAME CHANGE:** 20201009
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DEUTSCHE BORSE AG
- **CENTRAL INDEX KEY:** 0000949497
- **STANDARD INDUSTRIAL CLASSIFICATION:** SECURITY & COMMODITY BROKERS, DEALERS, EXCHANGES & SERVICES [6200]
- **ORGANIZATION NAME:** 09 Crypto Assets
- **EIN:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** MERGENTHALERALLEE 61
- **CITY:** ESCHBORN
- **PROVINCE COUNTRY:** 2M
- **ZIP:** 65760
- **BUSINESS PHONE:** 49 69 2110

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** MERGENTHALERALLEE 61
- **CITY:** ESCHBORN
- **PROVINCE COUNTRY:** 2M
- **ZIP:** 65760

### Attached PDF Documents

**Attachment 1:** `DBAGCR.pdf`

_No text found in this document._

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 1)**

**Forge Global Holdings, Inc.**

*(Name of Issuer)*

**Common Stock**

*(Title of Class of Securities)*

**34629L202**

*(CUSIP Number)*

**Deutsche Boerse AG**<br>Mergenthalerallee 61<br>Attn: Maximilian Weissenrieder<br>Eschborn 2M 65760<br>(001) 49 69 2110

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**07/01/2025**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **34629L202** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**DEUTSCHE BORSE AG** | Name of reporting person<br>**DEUTSCHE BORSE AG** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**I9** | Citizenship or place of organization<br>**I9** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**1614146.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**1614146.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**1614146.00** | Aggregate amount beneficially owned by each reporting person<br>**1614146.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**11.9%** | Percent of class represented by amount in Row (11)<br>**11.9%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**CO** | Type of Reporting Person (See Instructions)<br>**CO** | |

---

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Common Stock

**(b) Name of Issuer:**
Forge Global Holdings, Inc.

**(c) Address of Issuer's Principal Executive Offices:**
4 EMBARCADERO CENTER, FLOOR 15, SAN FRANCISCO, CA, 94111

Item 1 of the Original Schedule 13D (as defined below) is hereby amended and supplemented as follows:

This Amendment No. 1 to the Schedule 13D (the "Amendment No. 1") amends and supplements certain items of the Schedule 13D related to the Common Stock of the Issuer, originally filed by the Reporting Person with the U.S. Securities and Exchange Commission (the "SEC") on March 30, 2022 (the "Original Schedule 13D"). All capitalized terms contained but not otherwise defined herein shall have the meanings ascribed to such terms in the Original Schedule 13D. Except as otherwise provided herein, each item of the Original Schedule 13D remains unchanged.

**Item 4. Purpose of Transaction**

Item 4 of the Original Schedule D is hereby amended and supplemented as follows:

Reverse Stock Split

On April 14, 2025, the Issuer completed a reverse stock split (the "Reverse Stock Split") of the Common Stock at a ratio of 1-for-15. Following the Reverse Stock Split, the new number of shares of Common Stock beneficially owned by the Reporting Person became 1,617,499, which is the sum of: (i) 1,614,146 shares of Common Stock owned by Reporting Person, and (ii) warrants to purchase 3,353 shares of Common Stock.

The Reverse Stock Split also resulted in the creation of a new CUSIP for the Common Stock, 34629L202.

Warrants Expiration

On May 26, 2025, the Reporting Person's holding of warrants to purchase 3,353 shares of Common Stock expired unexercised.

Accuidity Acquisition

As reported on July 2, 2025 by the Issuer on a Current Report on Form 8-K, on July 1, 2025, the Issuer completed the acquisition (the "Accuidity Acquisition") of Accuidity, LLC, a Delaware limited liability company. The Accuidity Acquisition resulted in the issuance of an additional 1,200,000 shares of Common Stock, as reported in the Issuer's Quarterly Report on Form 10-Q for the period ended June 30, 2025 filed with the SEC on August 8, 2025. This resulted in a dilution of the Reporting Person's holding of the Common Stock, as reflected in the amended Item 5(a).

**Item 5. Interest in Securities of the Issuer**

**(a)**
Item 5(a) is hereby amended and restated as follows:

Amount beneficially owned: 1,614,146

Percent of Class: 11.9%

The share amount reported herein consists of 1,614,146 shares of Common Stock.

The above percentage is based on 13,601,362 shares of Common Stock outstanding on August 6, 2025, as reported in the Issuer's Quarterly Report on Form 10-Q for the period ended June 30, 2025 filed with the SEC on August 8, 2025.

**(b)**
Item 5(b) is hereby amended and restated as follows:

Number of shares the Reporting Person has:

Sole power to vote or direct the vote: 1,614,146

Shared power to vote: 0

Sole power to dispose or direct the disposition of: 1,614,146

Shared power to dispose or direct the disposition of: 0

**(c)**
—

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** DEUTSCHE BORSE AG

**Signature:** Maximilian Weissenrieder

**Name/Title:** Managing Director

**Date:** 08/12/2025