If the filing person has previously filed a statement on
Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e),
240.13d-1(f) or 240.13d-1(g), check the following box. ¨
The information required on the remainder of this cover
page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”)
or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
Schedule 13D
(1) |
|
Name of Reporting Persons:
Motive Capital Fund I-A, LP |
(2) |
|
Check the Appropriate Box if a Member of a Group (See Instructions):
(a) ¨ (b) ¨
|
(3) |
|
SEC Use Only:
|
(4) |
|
Source of Funds (See Instructions):
OO |
(5) |
|
Check Box if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e):
¨ |
(6) |
|
Citizenship or Place of Organization:
Delaware |
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH:
|
|
(7) |
|
Sole Voting Power
0 |
|
|
(8) |
|
Shared Voting Power
2,661,093(1) |
|
|
(9) |
|
Sole Dispositive Power
0 |
|
|
(10) |
|
Shared Dispositive Power
2,661,093(1) |
(11) |
|
Aggregate Amount Beneficially Owned by Each Reporting Person:
2,661,093(1) |
(12) |
|
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions):
¨ |
(13) |
|
Percent of Class Represented by Amount in Row (11):
1.57%(1), (2) |
(14) |
|
Type of Reporting Person (See Instructions):
PN |
(1) |
Includes 1,995,820 shares of common stock, par value $0.0001 per share (“Common Stock”), and warrants to purchase 665,273 shares of Common Stock held directly by Motive Capital Fund I-A, LP (“MC Fund I-A”). See Item 5 of this Schedule 13D. |
(2) |
Based on 169,223,826 shares of Common Stock outstanding as of March 21, 2022. See Item 5 of this Schedule 13D. |
Schedule 13D
(1) |
|
Name of Reporting Persons:
Motive Capital Fund I-B, LP |
(2) |
|
Check the Appropriate Box if a Member of a Group (See Instructions):
(a) ¨ (b) ¨
|
(3) |
|
SEC Use Only:
|
(4) |
|
Source of Funds (See Instructions):
OO |
(5) |
|
Check Box if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e):
¨ |
(6) |
|
Citizenship or Place of Organization:
Delaware |
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH:
|
|
(7) |
|
Sole Voting Power
0 |
|
|
(8) |
|
Shared Voting Power
3,368,734(1) |
|
|
(9) |
|
Sole Dispositive Power
0 |
|
|
(10) |
|
Shared Dispositive Power
3,368,734(1) |
(11) |
|
Aggregate Amount Beneficially Owned by Each Reporting Person:
3,368,734(1) |
(12) |
|
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions):
¨ |
(13) |
|
Percent of Class Represented by Amount in Row (11):
1.98%(1), (2) |
(14) |
|
Type of Reporting Person (See Instructions):
PN |
(1) |
Includes 2,526,551 shares of Common Stock and warrants to purchase 842,183 shares of Common Stock held directly by Motive Capital Fund I-B, LP (“MC Fund I-B”). See Item 5 of this Schedule 13D. |
(2) |
Based on 169,223,826 shares of Common Stock outstanding as of March 21, 2022. See Item 5 of this Schedule 13D. |
Schedule 13D
(1) |
|
Name of Reporting Persons:
Motive Capital Fund I-MPF, LP |
(2) |
|
Check the Appropriate Box if a Member of a Group (See Instructions):
(a) ¨ (b) ¨
|
(3) |
|
SEC Use Only:
|
(4) |
|
Source of Funds (See Instructions):
OO |
(5) |
|
Check Box if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e):
¨ |
(6) |
|
Citizenship or Place of Organization:
Delaware |
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH:
|
|
(7) |
|
Sole Voting Power
0 |
|
|
(8) |
|
Shared Voting Power
192,394(1) |
|
|
(9) |
|
Sole Dispositive Power
0 |
|
|
(10) |
|
Shared Dispositive Power
192,394(1) |
(11) |
|
Aggregate Amount Beneficially Owned by Each Reporting Person:
192,394(1) |
(12) |
|
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions):
¨ |
(13) |
|
Percent of Class Represented by Amount in Row (11):
0.11%(1), (2) |
(14) |
|
Type of Reporting Person (See Instructions):
PN |
(1) |
Includes 144,296 shares of Common Stock and warrants to purchase 48,098 shares of Common Stock held directly by Motive Capital Fund I-MPF, LP (“MC Fund I-MPF”). See Item 5 of this Schedule 13D. |
(2) |
Based on 169,223,826 shares of Common Stock outstanding as of March 21, 2022. See Item 5 of this Schedule 13D. |
Schedule 13D
(1) |
|
Name of Reporting Persons:
Motive Capital Fund II-A, LP |
(2) |
|
Check the Appropriate Box if a Member of a Group (See Instructions):
(a) ¨ (b) ¨
|
(3) |
|
SEC Use Only:
|
(4) |
|
Source of Funds (See Instructions):
OO |
(5) |
|
Check Box if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e):
¨ |
(6) |
|
Citizenship or Place of Organization:
Delaware |
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH:
|
|
(7) |
|
Sole Voting Power
0 |
|
|
(8) |
|
Shared Voting Power
5,979,850(1) |
|
|
(9) |
|
Sole Dispositive Power
0 |
|
|
(10) |
|
Shared Dispositive Power
5,979,850(1) |
(11) |
|
Aggregate Amount Beneficially Owned by Each Reporting Person:
5,979,850(1) |
(12) |
|
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions):
¨ |
(13) |
|
Percent of Class Represented by Amount in Row (11):
3.50%(1), (2) |
(14) |
|
Type of Reporting Person (See Instructions):
PN |
(1) |
Includes 4,484,888 shares of Common Stock and warrants to purchase 1,494,962 shares of Common Stock held directly by Motive Capital Fund II-A, LP (“MC Fund II-A”). See Item 5 of this Schedule 13D. |
(2) |
Based on 169,223,826 shares of Common Stock outstanding as of March 21, 2022. See Item 5 of this Schedule 13D. |
Schedule 13D
(1) |
|
Name of Reporting Persons:
Motive Capital Fund II-B, LP |
(2) |
|
Check the Appropriate Box if a Member of a Group (See Instructions):
(a) ¨ (b) ¨
|
(3) |
|
SEC Use Only:
|
(4) |
|
Source of Funds (See Instructions):
OO |
(5) |
|
Check Box if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e):
¨ |
(6) |
|
Citizenship or Place of Organization:
Delaware |
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH:
|
|
(7) |
|
Sole Voting Power
0 |
|
|
(8) |
|
Shared Voting Power
5,871,588(1) |
|
|
(9) |
|
Sole Dispositive Power
0 |
|
|
(10) |
|
Shared Dispositive Power
5,871,588(1) |
(11) |
|
Aggregate Amount Beneficially Owned by Each Reporting Person:
5,871,588(1) |
(12) |
|
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions):
¨ |
(13) |
|
Percent of Class Represented by Amount in Row (11):
3.44% (1), (2) |
(14) |
|
Type of Reporting Person (See Instructions):
PN |
(1) |
Includes 4,403,691 shares of Common Stock and warrants to purchase 1,467,897 shares of Common Stock held directly by Motive Capital Fund II-B, LP (“MC Fund II-B”). See Item 5 of this Schedule 13D. |
(2) |
Based on 169,223,826 shares of Common Stock outstanding as of March 21, 2022. See Item 5 of this Schedule 13D. |
Schedule 13D
(1) |
|
Name of Reporting Persons:
Motive Capital Fund II-MPF, LP |
(2) |
|
Check the Appropriate Box if a Member of a Group (See Instructions):
(a) ¨ (b) ¨
|
(3) |
|
SEC Use Only:
|
(4) |
|
Source of Funds (See Instructions):
OO |
(5) |
|
Check Box if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e):
¨ |
(6) |
|
Citizenship or Place of Organization:
Delaware |
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH:
|
|
(7) |
|
Sole Voting Power
0 |
|
|
(8) |
|
Shared Voting Power
593,005(1) |
|
|
(9) |
|
Sole Dispositive Power
0 |
|
|
(10) |
|
Shared Dispositive Power
593,005(1) |
(11) |
|
Aggregate Amount Beneficially Owned by Each Reporting Person:
593,005(1) |
(12) |
|
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions):
¨ |
(13) |
|
Percent of Class Represented by Amount in Row (11):
0.35%(1), (2) |
(14) |
|
Type of Reporting Person (See Instructions):
PN |
(1) |
Includes 444,754 shares of Common Stock and warrants to purchase 148,251 shares of Common Stock held directly by Motive Capital Fund II-MPF, LP (“MC Fund II-MPF”). See Item 5 of this Schedule 13D. |
(2) |
Based on 169,223,826 shares of Common Stock outstanding as of March 21, 2022. See Item 5 of this Schedule 13D. |
Schedule 13D
(1) |
|
Name of Reporting Persons:
Motive Capital Funds Sponsor, LLC |
(2) |
|
Check the Appropriate Box if a Member of a Group (See Instructions):
(a) ¨ (b) ¨
|
(3) |
|
SEC Use Only:
|
(4) |
|
Source of Funds (See Instructions):
OO |
(5) |
|
Check Box if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e):
¨ |
(6) |
|
Citizenship or Place of Organization:
Delaware |
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH:
|
|
(7) |
|
Sole Voting Power
0 |
|
|
(8) |
|
Shared Voting Power
17,616,667(1) |
|
|
(9) |
|
Sole Dispositive Power
0 |
|
|
(10) |
|
Shared Dispositive Power
17,616,667(1) |
(11) |
|
Aggregate Amount Beneficially Owned by Each Reporting Person:
17,616,667(1) |
(12) |
|
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions):
¨ |
(13) |
|
Percent of Class Represented by Amount in Row (11):
9.97%(1), (2) |
(14) |
|
Type of Reporting Person (See Instructions):
OO |
(1) |
Includes 10,230,000 shares of Common Stock and warrants to purchase 7,386,667 shares of Common Stock held directly by Motive Capital Funds Sponsor, LLC (“Sponsor”). See Item 5 of this Schedule 13D. |
(2) |
Based on 169,223,826 shares of Common Stock outstanding as of March 21, 2022. See Item 5 of this Schedule 13D. |
Schedule 13D
(1) |
|
Name of Reporting Persons:
Motive Capital Fund I GP, LP |
(2) |
|
Check the Appropriate Box if a Member of a Group (See Instructions):
(a) ¨ (b) ¨
|
(3) |
|
SEC Use Only:
|
(4) |
|
Source of Funds (See Instructions):
OO |
(5) |
|
Check Box if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e):
¨ |
(6) |
|
Citizenship or Place of Organization:
Delaware |
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH:
|
|
(7) |
|
Sole Voting Power
0 |
|
|
(8) |
|
Shared Voting Power
6,222,221(1) |
|
|
(9) |
|
Sole Dispositive Power
0 |
|
|
(10) |
|
Shared Dispositive Power
6,222,221(1) |
(11) |
|
Aggregate Amount Beneficially Owned by Each Reporting Person:
6,222,221(1) |
(12) |
|
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions):
¨ |
(13) |
|
Percent of Class Represented by Amount in Row (11):
3.64%(1), (2) |
(14) |
|
Type of Reporting Person (See Instructions):
PN |
(1) |
Includes (i) 1,995,820 shares of Common Stock and warrants to purchase 665,273 shares of Common Stock held directly by MC Fund I-A, (ii) 2,526,551 shares of Common Stock and warrants to purchase 842,183 shares of Common Stock held directly by MC Fund I-B and (iii) 144,296 shares of Common Stock and warrants to purchase 48,098 shares of Common Stock held directly by MC Fund I-MPF. Motive Capital Fund I GP, LP (“MC-I General Partner”) is the general partner of MC Fund I-A, MC Fund I-B and MC Fund I-MPF. See Item 5 of this Schedule 13D. |
(2) |
Based on 169,223,826 shares of Common Stock outstanding as of March 21, 2022. See Item 5 of this Schedule 13D. |
Schedule 13D
(1) |
|
Name of Reporting Persons:
Motive Capital Fund II GP, LP |
(2) |
|
Check the Appropriate Box if a Member of a Group (See Instructions):
(a) ¨ (b) ¨
|
(3) |
|
SEC Use Only:
|
(4) |
|
Source of Funds (See Instructions):
OO |
(5) |
|
Check Box if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e):
¨ |
(6) |
|
Citizenship or Place of Organization:
Delaware |
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH:
|
|
(7) |
|
Sole Voting Power
0 |
|
|
(8) |
|
Shared Voting Power
12,444,443(1) |
|
|
(9) |
|
Sole Dispositive Power
0 |
|
|
(10) |
|
Shared Dispositive Power
12,444,443(1) |
(11) |
|
Aggregate Amount Beneficially Owned by Each Reporting Person:
12,444,443(1) |
(12) |
|
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions):
¨ |
(13) |
|
Percent of Class Represented by Amount in Row (11):
7.22%(1), (2) |
(14) |
|
Type of Reporting Person (See Instructions):
PN |
(1) |
Includes (i) 4,484,888 shares of Common Stock and warrants to purchase 1,494,962 shares of Common Stock held directly by MC Fund II-A, (ii) 4,403,691 shares of Common Stock and warrants to purchase 1,467,897 shares of Common Stock held directly by MC Fund II-B and (iii) 444,754 shares of Common Stock and warrants to purchase 148,251 shares of Common Stock held directly by MC Fund II-MPF. Motive Capital Fund II GP, LP (“MC-II General Partner”) is the general partner of MC Fund II-A, MC Fund II-B and MC Fund II-MPF. See Item 5 of this Schedule 13D. |
(2) |
Based on 169,223,826 shares of Common Stock outstanding as of March 21, 2022. See Item 5 of this Schedule 13D. |
Schedule 13D
(1) |
|
Name of Reporting Persons:
Motive Partners GP, LLC |
(2) |
|
Check the Appropriate Box if a Member of a Group (See Instructions):
(a) ¨ (b) ¨
|
(3) |
|
SEC Use Only:
|
(4) |
|
Source of Funds (See Instructions):
OO |
(5) |
|
Check Box if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e):
¨ |
(6) |
|
Citizenship or Place of Organization:
Delaware |
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH:
|
|
(7) |
|
Sole Voting Power
0 |
|
|
(8) |
|
Shared Voting Power
36,283,331(1) |
|
|
(9) |
|
Sole Dispositive Power
0 |
|
|
(10) |
|
Shared Dispositive Power
36,283,331(1) |
(11) |
|
Aggregate Amount Beneficially Owned by Each Reporting Person:
36,283,331(1) |
(12) |
|
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions):
¨ |
(13) |
|
Percent of Class Represented by Amount in Row (11):
20.02%(1), (2) |
(14) |
|
Type of Reporting Person (See Instructions):
OO |
(1) |
Includes (i) 1,995,820 shares of Common Stock and warrants to purchase 665,273 shares of Common Stock held directly by MC Fund I-A, (ii) 2,526,551 shares of Common Stock and warrants to purchase 842,183 shares of Common Stock held directly by MC Fund I-B, (iii) 144,296 shares of Common Stock and warrants to purchase 48,098 shares of Common Stock held directly by MC Fund I-MPF, (iv) 4,484,888 shares of Common Stock and warrants to purchase 1,494,962 shares of Common Stock held directly by MC Fund II-A, (v) 4,403,691 shares of Common Stock and warrants to purchase 1,467,897 shares of Common Stock held directly by MC Fund II-B, (vi) 444,754 shares of Common Stock and warrants to purchase 148,251 shares of Common Stock held directly by MC Fund II-MPF and (vii) 10,230,000 shares of Common Stock and warrants to purchase 7,386,667 shares of Common Stock held directly by Sponsor. Motive Partners GP, LLC (“Partners GP”) is the general partner of MC-I General Partner and MC-II General Partner and the manager of Sponsor. See Item 5 of this Schedule 13D. |
(2) |
Based on 169,223,826 shares of Common Stock outstanding as of March 21, 2022. See Item 5 of this Schedule 13D. |
Schedule 13D
(1) |
|
Name of Reporting Persons:
ROB Exploration, LLC |
(2) |
|
Check the Appropriate Box if a Member of a Group (See Instructions):
(a) ¨ (b) ¨
|
(3) |
|
SEC Use Only:
|
(4) |
|
Source of Funds (See Instructions):
OO |
(5) |
|
Check Box if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e):
¨ |
(6) |
|
Citizenship or Place of Organization:
Delaware |
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH:
|
|
(7) |
|
Sole Voting Power
0 |
|
|
(8) |
|
Shared Voting Power
36,283,331(1) |
|
|
(9) |
|
Sole Dispositive Power
0 |
|
|
(10) |
|
Shared Dispositive Power
36,283,331(1) |
(11) |
|
Aggregate Amount Beneficially Owned by Each Reporting Person:
36,283,331(1) |
(12) |
|
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions):
¨ |
(13) |
|
Percent of Class Represented by Amount in Row (11):
20.02%(1), (2) |
(14) |
|
Type of Reporting Person (See Instructions):
OO |
(1) |
Includes (i) 1,995,820 shares of Common Stock and warrants to purchase 665,273 shares of Common Stock held directly by MC Fund I-A, (ii) 2,526,551 shares of Common Stock and warrants to purchase 842,183 shares of Common Stock held directly by MC Fund I-B, (iii) 144,296 shares of Common Stock and warrants to purchase 48,098 shares of Common Stock held directly by MC Fund I-MPF, (iv) 4,484,888 shares of Common Stock and warrants to purchase 1,494,962 shares of Common Stock held directly by MC Fund II-A, (v) 4,403,691 shares of Common Stock and warrants to purchase 1,467,897 shares of Common Stock held directly by MC Fund II-B, (vi) 444,754 shares of Common Stock and warrants to purchase 148,251 shares of Common Stock held directly by MC Fund II-MPF and (vii) 10,230,000 shares of Common Stock and warrants to purchase 7,386,667 shares of Common Stock held directly by Sponsor. Partners GP is the general partner of MC-I General Partner and MC-II General Partner and the manager of Sponsor. Rob Exploration LLC (“Exploration”) is the sole member of Partners GP. See Item 5 of this Schedule 13D. |
(2) |
Based on 169,223,826 shares of Common Stock outstanding as of March 21, 2022. See Item 5 of this Schedule 13D. |
Schedule 13D
(1) |
|
Name of Reporting Persons:
Paul Luc Robert Heyvaert |
(2) |
|
Check the Appropriate Box if a Member of a Group (See Instructions):
(a) ¨ (b) ¨
|
(3) |
|
SEC Use Only:
|
(4) |
|
Source of Funds (See Instructions):
OO |
(5) |
|
Check Box if Disclosure of Legal Proceedings is Required Pursuant to
Items 2(d) or 2(e):
¨ |
(6) |
|
Citizenship or Place of Organization:
Belgium |
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH:
|
|
(7) |
|
Sole Voting Power
0 |
|
|
(8) |
|
Shared Voting Power
36,283,331(1) |
|
|
(9) |
|
Sole Dispositive Power
0 |
|
|
(10) |
|
Shared Dispositive Power
36,283,331(1) |
(11) |
|
Aggregate Amount Beneficially Owned by Each Reporting Person:
36,283,331(1) |
(12) |
|
Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions):
¨ |
(13) |
|
Percent of Class Represented by Amount in Row (11):
20.02%(1), (2) |
(14) |
|
Type of Reporting Person (See Instructions):
IN |
(1) |
Includes (i) 1,995,820 shares of Common Stock and warrants to purchase 665,273 shares of Common Stock held directly by MC Fund I-A, (ii) 2,526,551 shares of Common Stock and warrants to purchase 842,183 shares of Common Stock held directly by MC Fund I-B, (iii) 144,296 shares of Common Stock and warrants to purchase 48,098 shares of Common Stock held directly by MC Fund I-MPF, (iv) 4,484,888 shares of Common Stock and warrants to purchase 1,494,962 shares of Common Stock held directly by MC Fund II-A, (v) 4,403,691 shares of Common Stock and warrants to purchase 1,467,897 shares of Common Stock held directly by MC Fund II-B, (vi) 444,754 shares of Common Stock and warrants to purchase 148,251 shares of Common Stock held directly by MC Fund II-MPF and (vii) 10,230,000 shares of Common Stock and warrants to purchase 7,386,667 shares of Common Stock held directly by Sponsor. Partners GP is the general partner of MC-I General Partner and MC-II General Partner and the manager of Sponsor. Exploration is the sole member of Partners GP. Paul Luc Robert Heyvaert is the sole member of Exploration. See Item 5 of this Schedule 13D. |
(2) |
Based on 169,223,826 shares of Common Stock outstanding as of March 21, 2022. See Item 5 of this Schedule 13D. |
Schedule 13D
INTRODUCTORY NOTE
On March 21, 2022, the
transactions contemplated by that certain Agreement and Plan of Merger, dated September 13, 2021 (the “Merger Agreement”),
by and among Motive Capital Corp, a Cayman Islands exempted company (“Motive”), FGI Merger Sub, Inc., a Delaware corporation
and a direct wholly owned subsidiary of Motive (“Merger Sub”), and Forge Global, Inc., a Delaware corporation (“Forge
Global”) were completed. On March 21, 2022, as contemplated by the Merger Agreement, Motive changed its jurisdiction of incorporation
by deregistering as an exempted company in the Cayman Islands and continuing and domesticating as a corporation incorporated under the
laws of the State of Delaware (the “Domestication”), changing its name to “Forge Global Holdings, Inc.” (“New
Forge” or the “Issuer”).
On March 21, 2022, following
the Domestication, as contemplated by the Merger Agreement, Merger Sub merged with and into Forge Global, with Forge Global surviving
the merger as a wholly owned subsidiary of New Forge (the “Merger” and, together with the Domestication, the “Business
Combination”). All outstanding capital stock of Forge Global as of immediately prior to the effective time of the Merger was cancelled
and converted into the right to receive shares of common stock, par value $0.0001 per share, of New Forge (“Common Stock”)
as provided in the Merger Agreement.
ITEM 1. SECURITY AND ISSUER
This Schedule 13D relates to shares of Common Stock
of Forge Global Holdings, Inc., a Delaware corporation.
The address of Forge Global Holdings, Inc.’s
principal executive offices is 415 Mission St., San Francisco, CA, 94105.
ITEM 2. IDENTITY AND BACKGROUND
| (a) | This Schedule 13D is being filed by Motive Capital Fund I-A, LP, a Delaware limited partnership (“MC Fund I-A”), Motive
Capital Fund I-B, LP, a Delaware limited partnership (“MC Fund I-B”), Motive Capital Fund I-MPF, LP, a Delaware limited partnership
(“MC Fund I-MPF”), Motive Capital Fund II-A, LP, a Delaware limited partnership (“MC Fund II-A”), Motive Capital
Fund II-B, LP, a Delaware limited partnership (“MC Fund II-B”), Motive Capital Fund II-MPF, LP, a Delaware limited partnership
(“MC Fund II-MPF”), Motive Capital Funds Sponsor, LLC, a Delaware limited liability company (“Sponsor”), Motive
Capital Fund I GP, LP, a Delaware limited partnership (“MC-I General Partner”), Motive Capital Fund II GP, LP, a Delaware
limited partnership (“MC-II General Partner”), Motive Partners GP, LLC, a Delaware limited liability company (“Partners
GP”), ROB Exploration LLC, a Delaware limited liability company (“Exploration,” collectively with MC Fund I-A, MC Fund
I-B, MC Fund I-MPF, MC Fund II-A, MC Fund II-B, MC Fund II-MPF, Sponsor, MC-I General Partner, MC-II General Partner and Partners GP,
the “Motive Funds”), and Paul Luc R. Heyvaert (“Mr. Heyvaert”, and collectively with the Motive Funds, the
“Reporting Persons”). |
The general partner of MC Fund I-A, MC Fund I-B and MC Fund
I-MPF is MC-I General Partner. The general partner of MC Fund II-A, MC Fund II-B and MC Fund II-MPF is MC-II General Partner. The general
partner of MC-I General Partner and MC-II General Partner and the manager of Sponsor is Partners GP. The sole member of Partners GP is
Exploration, of which Paul Luc Robert Heyvaert is the sole member. MC-I General Partner may be deemed to have beneficial ownership of
the shares of Common Stock and the shares of Common Stock underlying warrants held directly by MC Fund I-A, MC Fund I-B and MC Fund I-MPF.
MC-II General Partner may be deemed to have beneficial ownership of the shares of Common Stock and the shares of Common Stock underlying
warrants held directly by MC Fund II-A, MC Fund II-B and MC Fund II-MPF. Each of Partners GP, Exploration and Paul Luc Robert Heyvaert
may be deemed to have beneficial ownership of all of the shares of Common Stock and the shares of Common Stock underlying warrants reported
herein. In each case, each of MC-I General Partner, MC-II General Partner, Partners GP, Exploration and Mr. Heyvaert disclaims beneficial
ownership of such shares except to the extent of its or his pecuniary interest therein.
The principal business address of each of the Reporting Persons
is 7 World Trade Center, 250 Greenwich St., 47th Floor, New York, NY 10007.
| (c) | The Motive Funds are principally engaged in the business of investments in securities. The principal purpose of Mr. Heyvaert
is to serve as Managing Founding Partner and Chief Executive Officer of Partners GP and to manage Exploration. |
| (d) | During the last five years, none of the Reporting Persons has been convicted in any criminal proceeding (excluding traffic violations
or similar misdemeanors). |
| (e) | During the last five years, none of the Reporting Persons has been a party to a civil proceeding of a judicial or administrative body
of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations
of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such
laws. |
| (f) | Each of the Motive Funds is organized
under the laws of the state of Delaware. Mr. Heyvaert is a Belgian citizen. |
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
The information set forth in Item 6 of this Schedule
13D is hereby incorporated by reference.
ITEM 4. PURPOSE OF TRANSACTION
Purpose of the Transaction
The information set forth in Item 6 of this Schedule
13D, including without limitation information as to the rights and obligations of the Reporting Persons pursuant to the terms of the Merger
Agreement, A&R RRA and A&R FPA (each as defined in Item 6), and the other matters described therein, is hereby incorporated by
reference.
Plan or Proposals
The Reporting Persons have acquired securities
described in this Schedule 13D for investment purposes.
Although the Reporting Persons do not currently
have any specific plan or proposal to acquire or dispose of the securities reported herein (except as otherwise described in this Schedule
13D), each Reporting Person, consistent with its investment purpose and subject to the agreements described in Item 6 below, at any time
and from time to time may acquire shares of Common Stock or securities convertible, exchangeable or exercisable for or into shares of
Common Stock or dispose of any or all of the shares of Common Stock it holds (including, without limitation, transferring such shares
of Common Stock to affiliated transferees, or entering into derivative, borrowing or lending transactions), depending upon an ongoing
evaluation of its investment in the shares of Common Stock, the price and availability of the Issuer’s securities, the Issuer’s
business and the Issuer’s prospects, applicable legal restrictions, prevailing market conditions, other investment opportunities,
tax considerations, liquidity requirements of such Reporting Person and/or other investment considerations. Subject to the terms of the
agreements described herein, the Reporting Persons may request or demand a registration statement be filed by the Issuer and be made available
and effective so that they may, if they later decide, deliver to the Issuer take-down notices in connection therewith or otherwise to
sell Issuer securities utilizing such registration statement.
Each Reporting Person, solely in its capacity as
a stockholder or other security holder of the Issuer, may engage in communications with one or more other stockholders or other securityholders
of the Issuer, one or more officers of the Issuer and/or one or more members of the board of directors of the Issuer and/or one or more
representatives of the Issuer regarding the Issuer, including but not limited to its operations. Each of the Reporting Persons, in its
capacity as a stockholder or other security holder of the Issuer, may discuss ideas that, if effected, may relate to or result in any
of the matters listed in Items 4(a)-(j) of Schedule 13D.
Other than as described above, none of the Reporting
Persons currently has any plans or proposals that relate to, or would result in, any of the matters listed in Items 4(a) through
(j) of Schedule 13D, although the Reporting Persons may, at any time and from time to time, review or reconsider their position,
change their purpose and/or formulate plans or proposals with respect thereto. As a result of these activities, one or more of the Reporting
Persons may suggest or take a position with respect to potential changes in the operations, management, or capital structure of the Issuer
as a means of enhancing stockholder value. Such suggestions or positions may include one or more plans or proposals that relate to or
would result in any of the actions described in Items 4(a) through (j) of Schedule 13D.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
(a)-(b) The information contained in lines
7 to 11 and 13 of the cover pages of this Schedule 13D and the information set forth in Item 6 are incorporated herein by reference.
The percentage ownership reflected in line 13 of the cover pages is based on 169,223,826 shares of Common Stock outstanding as of
March 21, 2022.
MC-I General Partner may be deemed to have beneficial
ownership of the shares of Common Stock and the shares of Common Stock underlying warrants held directly by MC Fund I-A, MC Fund I-B and
MC Fund I-MPF. MC-II General Partner may be deemed to have beneficial ownership of the shares of Common Stock and the shares of Common
Stock underlying warrants held directly by MC Fund II-A, MC Fund II-B and MC Fund II-MPF. Each of Partners GP, Exploration and Paul Luc
Robert Heyvaert may be deemed to have beneficial ownership of all of the shares of Common Stock and the shares of Common Stock underlying
warrants reported herein. In each case, each of MC-I General Partner, MC-II General Partner, Partners GP, Exploration and Mr. Heyvaert
disclaims beneficial ownership of such shares except to the extent of their pecuniary interest therein.
(c) Other than as described in this Item 5,
none of the Reporting Persons has effected any transaction in shares of Common Stock during the past sixty (60) days.
(d) To the knowledge of the Reporting Persons,
no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds of the sale of, the securities
that are the subject of this Schedule 13D.
(e) Not applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS
OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER.
Business Combination
As described in Motive’s registration statement
on Form S-1 (File No. 333-250947) under the heading “Description of Securities – Founder Shares,” the Class B
ordinary shares, par value $0.0001 per share, of Motive were automatically convertible into Class A ordinary shares of the Issuer
concurrently with or immediately following the consummation of the Business Combination on a one-for-one basis. On March 21, 2022,
Motive consummated the Business Combination with Forge Global. Pursuant to the Merger Agreement, in connection with the Business Combination
and the transactions contemplated thereby (including the Domestication), each of the 10,230,000 Class B ordinary shares owned by
Sponsor converted into one share of Common Stock of the Issuer. In addition, pursuant to the terms and conditions set forth in the warrant
agreement, dated December 10, 2020, between Motive and Continental Stock Transfer & Trust Company, as warrant agent, following
the Business Combination and the transactions contemplated thereby (including the Domestication), each of Sponsor’s 7,386,667 private
placement warrants of Motive issued in connection with Motive’s initial public offering represents a warrant to purchase one share
of Common Stock of the Issuer.
Amended and Restated Registration Rights
Agreement
On March 21, 2022, in connection with the
consummation of the Business Combination and as contemplated by the Merger Agreement, New Forge, Sponsor, certain former directors of
Motive and certain former stockholders of Forge Global, entered into the Amended and Restated Registration and Stockholder Rights Agreement
(the “A&R RRA”), pursuant to which, among other things, the Sponsor and other holders party thereto were granted certain
customary registration rights, on the terms and subject to the conditions set forth therein. New Forge is required to file a registration
statement registering the resale of shares of Common Stock within 30 days after the completion of the Business Combination and to use
its commercially reasonable efforts to have such registration statement declared effective as soon as practicable thereafter.
Amended and Restated Forward Purchase Agreement
On March 21, 2022, immediately after the Domestication,
but before the Merger, New Forge issued an aggregate of 14,000,000 Forward Purchase Units, each composed of one share of Common Stock
and one-third of one warrant to acquire one share of Common Stock (the “Forward Purchase Units”), to MC Fund I-A, MC Fund
I-B, MC Fund I-MPF, MC Fund II-A, MC Fund II-B and MC Fund II-MPF (the “A&R FPA Investors”), pursuant to that certain
Amended and Restated Forward Purchase Agreement, dated September 13, 2021, by and among the A&R FPA Investors and Motive (the
“A&R FPA”), at a purchase price of $10.00 per Forward Purchase Unit, for an aggregate purchase price of $140,000,000.
Immediately after issuance, the Forward Purchase Units separated and, as a result, (i) MC Fund I-A held 1,995,820 shares of Common
Stock and warrants to purchase 665,273 shares of Common Stock, (ii) MC Fund I-B held 2,526,551 shares of Common Stock and warrants
to purchase 842,183 shares of Common Stock, (iii) MC Fund I-MPF held 144,296 shares of Common Stock and warrants to purchase 48,098
shares of Common Stock, (iv) MC Fund II-A held 4,484,888 shares of Common Stock and warrants to purchase 1,494,962 shares of Common
Stock, (v) MC Fund II-B held 4,403,691 shares of Common Stock and warrants to purchase 1,467,897 shares of Common Stock, and (vi) MC
Fund II-MPF held 444,754 shares of Common Stock and warrants to purchase 148,251 shares of Common Stock.
The foregoing description of the Business Combination
and associated transactions and agreements does not purport to be complete and is qualified in its entirety by reference to the Merger
Agreement, which is filed as Exhibit 99.1 to this Schedule 13D, the A&R RRA, which is filed as Exhibit 99.2 to this Schedule
13D, and the A&R FPA, which is filed as Exhibit 99.3 to this Schedule 13D.
Other than the matters disclosed in response to
Items 4 and 5 and in this Item 6, none of the Reporting Persons is party to any contracts, arrangements, understandings or relationships
with respect to any Issuer securities, including but not limited to the transfer or voting of any of the securities, finder’s fees,
joint ventures, loan or option agreements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding
of proxies.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
|
|
|
99.1 |
|
Merger Agreement, dated as of September 13, 2021, by and among Motive, Merger Sub and Forge Global, Inc. (incorporated by reference to Exhibit 2.1 to the Issuer’s Form 8-K filed on September 13, 2021) |
|
|
99.2 |
|
Amended and Restated Registration Rights Agreement, dated as of March 21, 2022, by and among the Issuer, Sponsor, certain former directors of Motive, and, certain equityholders of the Issuer named therein (incorporated by reference to Exhibit 10.1 to the Issuer’s Form 8-K filed on March 25, 2022)
|
99.3 |
|
Amended and Restated Forward Purchase Agreement, dated as of September 13, 2021, by and among Motive and the A&R FPA Investors (incorporated by reference to Exhibit 10.3 to the Issuer’s Form 8-K filed on September 13, 2021)
|
99.4 |
|
Joint Filing Agreement, dated March 31, 2022 (filed herewith). |
|
|
SIGNATURE
After reasonable inquiry and to the best of my knowledge
and belief, each of the undersigned certifies that the information set forth in this Schedule 13D is true, complete, and correct.
Dated as of March 31, 2022
|
|
|
|
MOTIVE CAPITAL FUND I-A, LP |
|
By: |
Motive Capital Fund I GP, LP, its general partner |
|
By: |
Motive Partners GP, LLC, its general partner |
|
|
|
|
By: |
/s/ Paul Luc R. Heyvaert |
|
Name: |
Paul Luc R. Heyvaert |
|
Title: |
Managing Founding Partner and Chief Executive Officer |
|
|
|
MOTIVE CAPITAL FUND I-B, LP |
|
By: |
Motive Capital Fund I GP, LP, its general partner |
|
By: |
Motive Partners GP, LLC, its general partner |
|
|
|
|
By: |
/s/ Paul Luc R. Heyvaert |
|
Name: |
Paul Luc R. Heyvaert |
|
Title: |
Managing Founding Partner and Chief Executive Officer |
|
|
|
MOTIVE CAPITAL FUND I-MPF, LP |
|
By: |
Motive Capital Fund I GP, LP, its general partner |
|
By: |
Motive Partners GP, LLC, its general partner |
|
|
|
|
By: |
/s/ Paul Luc R. Heyvaert |
|
Name: |
Paul Luc R. Heyvaert |
|
Title: |
Managing Founding Partner and Chief Executive Officer |
|
|
|
MOTIVE CAPITAL FUND II-A, LP |
|
By: |
Motive Capital Fund II GP, LP, its general partner |
|
By: |
Motive Partners GP, LLC, its general partner |
|
|
|
|
By: |
/s/ Paul Luc R. Heyvaert |
|
Name: |
Paul Luc R. Heyvaert |
|
Title: |
Managing Founding Partner and Chief Executive Officer |
|
|
|
MOTIVE CAPITAL FUND II-B, LP |
|
By: |
Motive Capital Fund II GP, LP, its general partner |
|
By: |
Motive Partners GP, LLC, its general partner |
|
|
|
|
By: |
/s/ Paul Luc R. Heyvaert |
|
Name: |
Paul Luc R. Heyvaert |
|
Title: |
Managing Founding Partner and Chief Executive Officer |
|
|
|
MOTIVE CAPITAL FUND II-MPF, LP |
|
By: |
Motive Capital Fund II GP, LP, its general partner |
|
By: |
Motive Partners GP, LLC, its general partner |
|
|
|
|
By: |
/s/ Paul Luc R. Heyvaert |
|
Name: |
Paul Luc R. Heyvaert |
|
Title: |
Managing Founding Partner and Chief Executive Officer |
|
MOTIVE CAPITAL FUNDS SPONSOR, LLC |
|
By: |
Motive Partners GP, LLC, its manager |
|
|
|
|
By: |
/s/ Paul Luc Robert Heyvaert |
|
Name: |
Paul Luc Robert Heyvaert |
|
Title: |
Managing Founding Partner and Chief Executive Officer |
|
|
|
|
MOTIVE CAPITAL FUND I GP, LP |
|
By: |
Motive Partners GP, LLC, its general partner |
|
|
|
|
By: |
/s/ Paul Luc R. Heyvaert |
|
Name: |
Paul Luc R. Heyvaert |
|
Title: |
Managing Founding Partner and Chief Executive Officer |
|
|
|
|
MOTIVE CAPITAL FUND II GP, LP |
|
By: |
Motive Partners GP, LLC, its general partner |
|
|
|
|
By: |
/s/ Paul Luc R. Heyvaert |
|
Name: |
Paul Luc R. Heyvaert |
|
Title: |
Managing Founding Partner and Chief Executive Officer |
|
|
|
|
MOTIVE PARTNERS GP, LLC |
|
|
|
|
By: |
/s/ Paul Luc R. Heyvaert |
|
Name: |
Paul Luc R. Heyvaert |
|
Title: |
Managing Founding Partner and Chief Executive Officer |
|
|
|
|
ROB Exploration, LLC |
|
|
|
|
By: |
/s/ Paul Luc R. Heyvaert |
|
Name: |
Paul Luc R. Heyvaert |
|
Title: |
Member |
|
|
|
|
PAUL LUC ROBERT HEYVAERT |
|
|
|
|
By: |
/s/ Paul Luc Robert Heyvaert |
|
Name: |
Paul Luc Robert Heyvaert |