Strong Global Entertainment Reports Second Quarter 2024 Operating Results
Strong Global Entertainment, Inc. Class A Common Voting Shares (SGE)
Company Research
Source: GlobeNewswire
Mooresville, N.C., Aug. 14, 2024 (GLOBE NEWSWIRE) -- Strong Global Entertainment, Inc. (NYSE American: SGE) (the “Company” or “Strong Global Entertainment”) today announced operating results for the second quarter ended June 30, 2024. Second Quarter Highlights - Revenue and gross profit from continuing operations continued to improve, with growth in service offerings and contributions from the recent ICS acquisition contributing favorably.In April 2024, announced a transaction to merge Strong/MDI Screen Systems, Inc. (“Strong/MDI”) with FG Acquisition Corp., a Canadian special purpose acquisition company, which will be renamed Saltire Holdings, Ltd. (“Saltire”) Proposed transaction values Strong/MDI subsidiary at $30 million. Strong Global Entertainment will retain a significant economic stake, participating in the future growth and success of Strong/MDI and Saltire.The transaction is expected to close in the third quarter of 2024. In May 2024, announced a transaction to me
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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
- SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates BUJA, SGE, ENV on Behalf of ShareholdersPR Newswire
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