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FG Merger prices $70M IPO 5 months 2 weeks ago #795

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By Seeking Alpha,

FG Merger (FGMCU) has announced the pricing of its IPO of 7M units at an offering price of $10/unit, with each unit consisting of one share of common stock and three-quarters of one redeemable warrant.


Each whole warrant will entitle the holder thereof to purchase one share of common stock at $11.50/share.

The units are expected to trade on the Nasdaq under the ticker symbol “FGMCU” beginning Feb. 25, 2022 and expects the IPO to close on Mar. 1, 2022.

Underwriters are granted a 45-day option to purchase up to 1.05M additional units at the IPO price to cover over-allotments, if any.

Once the securities comprising the units begin separate trading, the common stock and the warrants are expected to be traded on NASDAQ under the symbols “FGMC” and “FGMCW,” respectively.

Source : preiposwap.com/fg-merger-prices-70m-ipo/

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FG Merger prices $70M IPO 5 months 2 weeks ago #796

FG Merger Corp. is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. While FG Merger Corp. will not limit its search for a target company to any particular business segment, FG Merger Corp. intends to focus its search for a target business in the financial services industry in North America.

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FG Merger prices $70M IPO 5 months 2 weeks ago #797

ITASCA, Ill.--(BUSINESS WIRE)--FG Merger Corp., a newly organized blank check company formed as a Delaware corporation, today announced the pricing of its initial public offering (“IPO”) of 7,000,000 units at an offering price of $10.00 per unit, with each unit consisting of one share of common stock and three-quarters of one redeemable warrant. Each whole warrant will entitle the holder thereof to purchase one share of common stock at $11.50 per share.

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FG Merger prices $70M IPO 5 months 2 weeks ago #798

The units are expected to trade on the Nasdaq Global Market (“NASDAQ”) under the ticker symbol “FGMCU” beginning February 25, 2022. FG Merger Corp. expects the IPO to close on March 1, 2022, subject to customary closing conditions. Once the securities comprising the units begin separate trading, the common stock and the warrants are expected to be traded on NASDAQ under the symbols “FGMC” and “FGMCW,” respectively.

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