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iCoreConnect Inc. (symbol: FGMC) is a prominent player in the technology and software industry. The company specializes in providing secure, cloud-based solutions specifically designed for healthcare providers and dental professionals. Their suite of products includes healthcare communication, compliance, and workflow efficiency tools.
iCoreConnect stands out for its innovative approach to enhancing healthcare IT. Their flagship product, iCoreExchange, is a HIPAA-compliant email service enabling secure communication between healthcare providers. Additionally, they offer iCoreRx, a comprehensive e-prescribing solution that helps doctors and pharmacists streamline the prescription process.
Recently, iCoreConnect has achieved significant milestones, including new partnerships with major healthcare organizations and successful launches of updated product versions. Financially, the company has shown robust growth, with increasing revenues and a solid balance sheet, positioning itself as a reliable player in the healthcare technology sector.
Current projects at iCoreConnect involve expanding their product line to include more intuitive and user-friendly tools for healthcare compliance and data management. They are also focusing on enhancing their existing products to meet the evolving needs of the healthcare industry.
With a strong emphasis on security, compliance, and efficiency, iCoreConnect Inc. is at the forefront of transforming healthcare IT, making it simpler and safer for providers and patients alike.
FG Merger II Corp, a newly formed blank check company, has announced the pricing of its Initial Public Offering (IPO) of 8,000,000 units at $10.00 per unit, totaling $80 million. Each unit comprises one common stock share and one right, with the right convertible to one-tenth of a common share upon completing an initial business combination.
The units will trade on Nasdaq Global Market under 'FGMCU' starting January 29, 2025. The common stock and rights will later trade separately under 'FGMC' and 'FGMCR' respectively. The IPO is expected to close on January 30, 2025. The company granted underwriters a 45-day option to purchase up to 1,200,000 additional units to cover over-allotments. ThinkEquity serves as the sole book-running manager for the offering.
FG Merger Corp. (NASDAQ: FGMC) is introducing a unique investment opportunity that allows retail investors access to securities typically reserved for institutional investors. Following its upcoming business combination with iCoreConnect Inc., FG Merger Corp. will offer convertible preferred stock with a 12% coupon, payable in shares or cash. Investors will also benefit from downside protection during the first year, with a dynamic conversion price based on stock performance. This structure is akin to a Private Investment In Public Equity (PIPE) deal, allowing retail investors to buy shares through standard brokerage accounts. The initiative seeks to level the playing field in the stock market, aiming for greater inclusivity among investors.
Intrinsic LLC, a valuation and transaction advisory firm, announced it issued two fairness opinions for publicly traded clients in 2022. The firm provided an opinion to
FG Merger Corp. (FGMC) and iCoreConnect have agreed to a business combination, valuing iCoreConnect at a pro forma enterprise value of
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