The Blueshirt Group is handling Forge Global, the online securities trading platform, as it merges with Motive Capital in a SPAC deal valued at $2B.
The Wall Street Journal notes that if the deal is completed, Forge would be the first dedicated trading service for private firms to become a public company.
The Forge marketplace has nearly 400 registered users. They have traded shares in more than 400 companies, generating volume in excess of $10B.
Kelly Rodriques said Forge believes “everyone should be able to trade in the private markets,” and his firm has developed the technology to operate an efficient and liquid market that connects a large number of private companies, shareholders and investors.
Blueshirt has Chris Hollenbeck representing Forge.
London's Next Fifteen Communications Group 15 owns Blueshirt, which is based in San Francisco.