ITASCA, Illinois–(BUSINESS WIRE)–March 1, 2022–

FG Merger Corp. (the “Company”), a newly organized blank check corporation incorporated as a Delaware corporation, today announced the closing of its $7,000,000 initial public offering (“IPO”) of units at the offering price of $10.00 per unit. Each unit consists of one common share and three-quarters of a redeemable warrant. Each whole warrant entitles its holder to purchase one common share at $11.50 per share. The Units are listed on the Nasdaq Global Market (“NASDAQ”) and trade under the symbol “FGMCU”. Once the securities comprising the Units begin to trade separately, the Common Stock and Warrants are expected to trade on NASDAQ under the symbols “FGMC” and “FGMCW”, respectively.

The Company intends to use the net proceeds of the offering and concurrent private placements of Units and Warrants to complete the initial business combination of the Company.

ThinkEquity acted as sole bookrunner for the offering. FG Merger Corp. granted the underwriters a 45-day option to purchase up to an additional 1,050,000 units at the IPO price to cover over-allotments, if any.

The offering was made only by means of a prospectus. Copies of the prospectus may be obtained from ThinkEquity, 17 State Street, 22nd Floor, New York, New York 10004, by telephone at (877) 436-3673 and by email at prospectus@think-equity.com, or by visiting EDGAR on the SEC’s website at www.sec.gov.

A registration statement relating to the securities has been filed with and declared effective by the Securities and Exchange Commission (“SEC”). This press release does not constitute an offer to sell or a solicitation of an offer to buy, and there will be no 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 such state or territory.

About FG Merger Corp.

FG Merger Corp. is a blank check corporation, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of effecting a merger, stock exchange, asset acquisition, stock purchase, a similar reorganization or business combination with one or more businesses or entities. While FG Merger Corp. will not limit its search for a target company to a particular industry sector, FG Merger Corp. intends to focus its search for a target company in the financial services sector in North America.

Forward-looking statements

This press release contains statements that constitute “forward-looking statements”, including with respect to the IPO, the intended use of net proceeds therefrom and the Company’s pursuit of an initial business combination. businesses. There can be no assurance that the net proceeds of the offering will be used as stated. Forward-looking statements are subject to numerous conditions, many of which are beyond FG Merger Corp.’s control, including those set forth in the Risk Factors section of FG Merger Corp’s registration statement and prospectus. for the IPO filed with the SEC. . Copies are available on the SEC’s website, www.sec.gov. FG Merger Corp. assumes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220301005932/en/

CONTACT: Mr. Wesley Schrader

Chief Executive Officer

FG Fusion Corp.

720-770-0620

info@fgmerger.com

KEYWORD: UNITED STATES NORTH AMERICA ILLINOIS DELAWARE

KEYWORD INDUSTRY: FUNDING OF PROFESSIONAL SERVICES

SOURCE: FG Merger Corp.

Copyright BusinessWire 2022.

PUBLISHED: 03/01/2022 16:01 / DISK: 03/01/2022 16:02

http://www.businesswire.com/news/home/20220301005932/en

Copyright BusinessWire 2022.