Forge Innovation Development Corp. Divests Stake in Legend International Investment LP

Reuters

Oct 20, 2025

<a href="https://laohu8.com/S/FGNV">Forge Innovation Development Corp.</a> Divests Stake in Legend International Investment LP

Forge Innovation Development Corp. has reached an agreement with Legend Investment Management LLC to release and return its 51% partnership interest in Legend International Investment LP. As part of the arrangement, Legend Investment Management LLC will return to Forge a total of 1,967,143 shares of Forge's common stock, which were originally issued as consideration for the partnership interest. With this transaction, Forge will no longer have any ownership, management, voting, or financial rights in Legend International Investment LP, and Legend LP will no longer be treated as a subsidiary of Forge. The decision was approved by Forge's Board of Directors at a special meeting held on July 27, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Forge Innovation Development Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-25-018559), on October 20, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Divests Stake in Legend International Investment LP","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/FGNV\">Forge Innovation Development Corp.</a> Divests Stake in Legend International Investment LP\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Forge Innovation Development Corp. has reached an agreement with Legend Investment Management LLC to release and return its 51% partnership interest in Legend International Investment LP. As part of the arrangement, Legend Investment Management LLC will return to Forge a total of 1,967,143 shares of Forge's common stock, which were originally issued as consideration for the partnership interest. 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Divests Stake in Legend International Investment LP\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-10-20 18:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/FGNV\">Forge Innovation Development Corp.</a> Divests Stake in Legend International Investment LP\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Forge Innovation Development Corp. has reached an agreement with Legend Investment Management LLC to release and return its 51% partnership interest in Legend International Investment LP. 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ID: 0001493152-25-018559), on October 20, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FGNV","symbol_name":"Forge Innovation Development Corp.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251020:nNDL2D55Z0:1","article_id":"2576175830","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2576175830","pubTimestamp":1760955363,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Forge Innovation Development Corp. has reached an agreement with Legend Investment Management LLC to release and return its 51% partnership interest in Legend International Investment LP. As part of the arrangement, Legend Investment Management LLC will return to Forge a total of 1,967,143 shares of Forge's common stock, which were originally issued as consideration for the partnership interest. With this transaction, Forge will no longer have any ownership, management, voting, or financial rights in Legend International Investment LP, and Legend LP will no longer be treated as a subsidiary of Forge. The decision was approved by Forge's Board of Directors at a special meeting held on July 27, 2025.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. 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