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FG Merger II Corp. - FGMCU STOCK NEWS

Welcome to our dedicated page for FG Merger II news (Ticker: FGMCU), a resource for investors and traders seeking the latest updates and insights on FG Merger II stock.

FG Merger II Corp. (NASDAQ: FGMCU) is a special purpose acquisition company (SPAC) focused on identifying merger targets within North America's financial services sector. This page serves as the definitive source for all official corporate communications, including merger announcements, regulatory filings, and strategic updates.

Investors and analysts will find timely updates on business combination progress, SEC disclosures, and unit separation developments. Our curated collection includes press releases detailing acquisition targets, investor communications about capital structure changes, and filings demonstrating regulatory compliance.

Key content categories include merger announcements, SEC Form 8-K disclosures, unit separation notices, and financial services sector analysis. All content maintains strict neutrality while providing the factual basis for informed investment decisions.

Bookmark this page for streamlined access to FGMCU's evolving corporate narrative. For those monitoring SPAC performance metrics or evaluating financial services merger opportunities, this resource offers essential updates directly from primary sources.

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FG Merger II Corp. (NASDAQ: FGMC) has announced that starting February 11, 2025, holders of units from the company's initial public offering completed on January 30, 2025 will have the option to separately trade shares of common stock and rights on The Nasdaq Global Market.

The separated Common Stock and rights will trade under the symbols 'FGMC' and 'FGMCR' respectively, while unseparated units will continue trading under 'FGMCU'. Unit holders must contact Continental Stock Transfer & Trust Company through their brokers to separate their units.

The initial units were offered through an underwritten offering, with ThinkEquity serving as the sole book-running manager.

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FG Merger II Corp., a newly formed blank check company, has announced the successful closing of its $80 million initial public offering (IPO). The company offered 8,000,000 units at $10.00 per unit, with each unit comprising one share of common stock and one right. Each right allows holders to receive one-tenth of a share upon completing an initial business combination.

The units are now trading on the Nasdaq Global Market under 'FGMCU', with common stock and rights expected to trade separately under 'FGMC' and 'FGMCR' respectively. The company granted underwriters a 45-day option to purchase up to 1,200,000 additional units to cover over-allotments. ThinkEquity served as the sole book-running manager for the offering.

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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.

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iCoreConnect Inc. announces closing of business combination with FG Merger Corp. and uplisting to NASDAQ
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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 Zynex Inc. (Nasdaq: ZYXI) affirming that $31 million for acquiring Kestrel Labs was fair. Additionally, for FG Merger Corp (Nasdaq: FGMC), it deemed $100 million in a merger with iCoreConnect, Inc. fair. Intrinsic's Transaction Opinions practice supports Boards of Directors in fulfilling fiduciary duties, particularly amid evolving legal and regulatory landscapes. The firm is bolstered by a team with extensive experience in rendering fiduciary opinions across various sectors.

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FG Merger Corp. announced the full exercise of the underwriters' over-allotment option in its IPO, resulting in the purchase of 1,050,000 units for $10,500,000 on March 3, 2022. The total issuance of 8,050,000 units has raised gross proceeds of $80,500,000. Each unit comprises one share of common stock and three-quarters of one redeemable warrant, with warrants priced at $11.50 per share. The funds will be utilized for the initial business combination. The units are traded on NASDAQ under the symbol FGMCU, while common stock and warrants will trade as FGMC and FGMCW, respectively.

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FG Merger Corp. has successfully closed its initial public offering (IPO), issuing 7,000,000 units at $10.00 each, totaling $70 million. Each unit includes one share of common stock and three-quarters of a redeemable warrant, with full warrants priced at $11.50. The units are now listed on NASDAQ under the symbol FGMCU. The proceeds from the IPO will be used for the company’s initial business combination, targeting the financial services sector in North America.

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FG Merger Corp. has announced the pricing of its initial public offering (IPO) of 7,000,000 units at $10.00 each, consisting of one share of common stock and three-quarters of a redeemable warrant. Units are set to trade on NASDAQ under the symbol FGMCU starting February 25, 2022, with the IPO expected to close on March 1, 2022. The company has granted underwriters a 45-day option for an additional 1,050,000 units for over-allotments. FG Merger Corp., a SPAC, aims to pursue business combinations primarily in the North American financial services sector.

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FG Merger II Corp.

Nasdaq:FGMCU

FGMCU Rankings

FGMCU Stock Data

100.28M
8.00M
9.82%
Shell Companies
Blank Checks
United States
ITASCA