Fundamental Global Merger Corp. Prices $70,000,000 Initial Public Offering
ITASCA, Ill., February 25, 2022--(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. 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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