Global Forge SPAC: Should You Invest?

Reviewing the #GlobalForge SPAC. Private securities marketplace Forge Global saw its stock price more than double by midday on its first day of trading.

The company completed its merger with SPAC Motive Capital Corp. and began trading on the New York Stock Exchange on Tuesday, opening at $11.06, slightly above its previous closing price of $10.06. By midday Tuesday, Forge was trading at $23.42.

The SPAC merger closed on Monday, giving Forge $215.6 million in gross proceeds.

Timestamps:

00:00 Introduction
06:53 Stats
08:26 Competitors
10:01 Meme Factor
12:20 Bull vs Bear