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Warrants Alert
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THE INVESTOR'S GUIDE TO WARRANTS:

Capitalize on the Fastest Growing Sector of the Stock Market, Second Edition (Hardcover)
   by Andrew McHattie   Rating: ISBN-10: 027303751X

more books no time to read, try audiobooks

           

 

Name : Motive Capital Corp
Current / Former Name: Forge Global Holdings, Inc. (Successor)
Address: 415 Mission St, San Francisco, CA 94105
Phone Number: (415) 304-6299
Investor Relations Contact: ir@forgeglobal.com
Website - https://www.forgeglobal.com

Warrant Details
Warrant Symbol: MOTV.WS
Warrants Listed: 13,800,000
Ratio: 1-for-1
Cusip Number: N/A
ISIN Number: N/A
Parent Stock Symbol: FRGE (NYSE)
Underlying Stock Cusip: 34645W 10 4
675
Expiry Date - March 2027
Exercise Price: $11.50 USD



Synopsis & Listing Information



Synopsis: Motive Capital Corp. served as a SPAC vehicle that completed a merger with Forge Global, a leading marketplace for private securities.

Listing History: The warrants originally traded as MOTV.WS and migrated to FRGEW post-merger.

Current Status: The warrants are currently active and trade on the NYSE.

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Warrant Terms
  • Expiration Date: The last day the warrants can be exercised. If warrants aren't going to be exercised then they must be sold the day before the expiry date. The longer the time to expiry the more valuable the warrants.
  • Leverage: A measure of how much you can increase your exposure to a share if you bought warrants instead of making a direct investment. It is the current share price divided by the current price of the warrant.
  • Intrinsic Value: The difference between the exercise price and the actual trading price of the common stock. Once the common has gone over the exercise price, the warrants are "In the Money."
  • Volatility: The higher the volatility rating, the higher the price of the warrant. Historical volatility is calculated by using the standard deviation of an underlying stock price over a specific period.
  • Time Value: The difference between the current warrant price and its intrinsic value. Interpreted as the consideration paid for the advantage the warrant buyer has over the direct investor.
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