FG Acquisition Corp. Announces Proposed Acquisition of Strong/MDI Screen Systems, Inc. and launch of Saltire Holdings, Ltd.
Strong Global Entertainment, Inc. Class A Common Voting Shares (SGE)
Company Research
Source: GlobeNewswire
All amounts expressed in United States dollars (US$) unless otherwise noted TORONTO, May 03, 2024 (GLOBE NEWSWIRE) -- FG Acquisition Corp. (TSX: FGAA.U, FGAA.WT.U) (“FGAC” or the “Corporation”), a special purpose acquisition company, and Strong Global Entertainment, Inc. (NYSE: SGE) (“Strong Global”) are pleased to announce the proposed acquisition (the “MDI Acquisition”) of Strong/MDI Screen Systems, Inc. (“MDI”) by FGAC, pursuant to an acquisition agreement (the “Acquisition Agreement”) dated May 3, 2024 between FGAC, Strong Global, MDI, FGAC Investors LLC and CG Investments VII Inc (together with FGAC Investors LLC, the “Sponsors”). The MDI Acquisition, together with the launch of FGAC’s new investment platform, will constitute FGAC’s qualifying acquisition. “We are excited to present this qualifying acquisition to our shareholders and believe that MDI provides a compelling investment opportunity to acquire a leading global manufacturing and distribution business that w
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News
- Strong Global Entertainment Announces Closing of Sale of Strong/MDI for Approximately $30 MillionGlobeNewswire
- FG Acquisition Corp. Announces the Successful Completion of the Acquisition of Strong/MDI Screen Systems, Inc., approximately $4.3 million Private Placement and launch of Saltire Capital Ltd. [Yahoo! Finance]Yahoo! Finance
- SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates VAPO, SGE, RPHM, SQSP on Behalf of ShareholdersPR Newswire
- STRONG GLOBAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Strong Global Entertainment, Inc. - SGEBusiness Wire
- Strong Global Entertainment Reports Second Quarter 2024 Operating ResultsGlobeNewswire
SGE
Sec Filings
- 9/19/24 - Form 8-K
- 8/14/24 - Form 10-Q
- 8/14/24 - Form 8-K
- SGE's page on the SEC website