ITASCA, Ill., Feb. 6, 2025
/PRNewswire/ -- FG Merger II Corp. (NASDAQ: FGMC) (the "Company")
announced today that, commencing February
11, 2025, holders of the units sold in the Company's initial
public offering completed on January 30, 2025 may elect to
separately trade the shares of common stock (the "Common Stock") of
the Company and the rights included in such units on The Nasdaq
Global Market ("Nasdaq").
The Common Stock and rights that are separated will trade on
Nasdaq under the symbols "FGMC" and "FGMCR," respectively. Those
units not separated will continue to trade on Nasdaq under the
symbol "FGMCU." Holders of units will need to have their brokers
contact Continental Stock Transfer & Trust Company, the
Company's transfer agent, in order to separate the units into
shares of Common Stock and rights.
The units were initially offered by the Company in an
underwritten offering. ThinkEquity LLC acted as sole book-running
manager of the offering.
This press release shall not constitute an offer to sell or a
solicitation of an offer to buy, nor shall there be any sale of
these securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
About FG Merger II Corp.
FG Merger II Corp. is a blank check company, also commonly
referred to as a special purpose acquisition company, or SPAC,
formed for the purpose of effecting a merger, share exchange, asset
acquisition, share purchase, reorganization or similar business
combination with one or more businesses or entities. While FG
Merger II Corp. will not limit its search for a target company to
any particular business segment, FG Merger II Corp. intends to
focus its search for a target business in the financial services
industry in North America.
Forward-Looking Statements
This press release contains statements that constitute
"forward-looking statements," including with respect to the
separation of the units. Forward-looking statements are subject to
numerous conditions, many of which are beyond the control of the
Company, including those set forth in the Risk Factors section of
the Company's registration statement and prospectus for the
Company's offering filed with the SEC. Copies are available on the
SEC's website, www.sec.gov. The Company undertakes no obligation to
update these statements for revisions or changes after the date of
this release, except as required by law.
Contact:
Hassan R. Baqar
Chief Financial Officer
FG Merger II Corp.
(847) 791-6817
info@fgmerger.com
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SOURCE FG Merger II Corp.
