FG Merger II Corp. (NASDAQ:FGMCU) announced the pricing of its $80 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “FGMCU”, Wednesday, January 29, 2025.
The new SPAC intends to combine with a target company in the financial services industry in North America.
FG Merger II’s sponsor team is led by Chief Executive Officer Larry G. Swets Jr., Chairman Scott D. Wollney and Chief Financial Officer Hassan R. Baqar. Andrew B. McIntyre and Richard E. Govingnon will serve on its Board of Directors.
Total SPAC deal count for 2025 year-to-date is now 7. This offering is expected to close on Thursday, January 30, 2025.
ThinkEquity is acting as sole book-running manager for the offering. Loeb & Loeb LLP is serving as Issuer’s Counsel with Blank Rome LLP serving as Underwriter’s Counsel. Fruci & Associates II, PLLC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
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