FG Financial Group And FG Group Holdings Announce Merger, Creating Fundamental Global Inc.
$FGF
$FGH
Property-Casualty Insurers
Finance
Industrial Machinery/Components
Consumer Discretionary
- Combined Company to Benefit from Anticipated Significant Expense Savings, Improved Scale and Capital Efficiency
- Represents Over $110 Million in Combined Total Assets and $65 Million in Combined Annual Revenue
- Upon completion of the merger, the combined company will be renamed to Fundamental Global Inc. and the common stock and Series A cumulative preferred stock of the combined company will continue to trade on the Nasdaq under the tickers "FGF" and "FGFPP," respectively.