FG Merger Corp. is a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Company profile
Ticker
FGMC, FGMCU
Exchange
Website
CEO
M. Wesley Schrader
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Microsoft • Oracle • Mobileye Global • Gen Digital • Activision Blizzard • BlackBerry • Vmware • Adobe • Ceridian HCM Holding • McAfee ...
SEC CIK
FGMC stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
3 Feb 23
10-K
2022 FY
Annual report
2 Feb 23
S-4
Registration of securities issued in business combination transactions
1 Feb 23
425
Business combination disclosure
6 Jan 23
8-K
Entry into a Material Definitive Agreement
6 Jan 23
10-Q
2022 Q3
Quarterly report
20 Oct 22
10-Q
2022 Q2
Quarterly report
22 Jul 22
10-Q
2022 Q1
Quarterly report
22 Apr 22
8-K
Index to Financial Statement
8 Mar 22
Latest ownership filings
3
Mark Penway
21 Feb 23
SC 13G
FG Merger Investors LLC
14 Feb 23
SC 13G
Hudson Bay Capital Management LP
8 Feb 23
SC 13G/A
Space Summit Capital LLC
8 Feb 23
SC 13G
Linden Capital L.P.
9 Mar 22
SC 13G
Space Summit Capital LLC
7 Mar 22
SC 13G
CVI Investments, Inc.
7 Mar 22
4
Change in insider ownership
3 Mar 22
4
Kyle Cerminara
3 Mar 22
4
LARRY G SWETS JR
3 Mar 22
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | |
|---|---|---|
| Revenue | ||
| Cost of revenue | ||
| Operating income | ||
| Operating margin | ||
| Net income | ||
| Net profit margin | ||
| Cash on hand | ||
| Change in cash | ||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 521.87 k | 521.87 k | 521.87 k | 521.87 k | 521.87 k | 521.87 k |
| Cash burn (monthly) | 83.42 k | 36.30 k | 233.07 k | 91.07 k | 232.64 k | 130.41 k |
| Cash used (since last report) | 245.31 k | 106.74 k | 685.40 k | 267.82 k | 684.13 k | 383.50 k |
| Cash remaining | 276.55 k | 415.12 k | -163.54 k | 254.05 k | -162.27 k | 138.37 k |
| Runway (months of cash) | 3.3 | 11.4 | -0.7 | 2.8 | -0.7 | 1.1 |
Institutional ownership, Q4 2022
| 13F holders | Current |
|---|---|
| Total holders | 38 |
| Opened positions | 6 |
| Closed positions | 1 |
| Increased positions | 19 |
| Reduced positions | 3 |
| 13F shares | Current |
|---|---|
| Total value | 68.63 bn |
| Total shares | 13.71 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| FG Merger Investors | 2.01 mm | $0.00 |
| Radcliffe Capital Management | 1.22 mm | $12.51 bn |
| CVI | 1.05 mm | $6.45 bn |
| Hudson Bay Capital Management | 1.02 mm | $6.45 bn |
| Linden Advisors | 962.50 k | $5.65 bn |
| Periscope Capital | 673.93 k | $4.05 bn |
| Mangrove Partners | 673.67 k | $6.86 bn |
| CVI Investments | 600.00 k | $5.99 mm |
| Context Capital Management | 568.75 k | $3.34 mm |
| Linden Capital | 550.00 k | $5.50 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mar 22 | FG Merger Investors | Common Stock | Buy | Acquire P | No | No | 10 | 55,000 | 550.00 k | 55,000 |
| 1 Mar 22 | Kyle Cerminara | Common Stock | Buy | Acquire P | Yes | No | 10 | 55,000 | 550.00 k | 55,000 |
| 1 Mar 22 | Swets Larry G JR | Common Stock | Buy | Acquire P | Yes | No | 10 | 55,000 | 550.00 k | 55,000 |
| 1 Mar 22 | Hassan Baqar | Common Stock | Buy | Acquire P | Yes | No | 10 | 55,000 | 550.00 k | 55,000 |
Press releases
FG Group Holdings Reports Fourth Quarter and Full Year 2022 Operating Results
15 Mar 23
FG Group Holdings to Announce 2022 Fourth Quarter and Full Year Financial Results and Host Conference Call on March 15, 2023
9 Mar 23
STRONG/MDI to Supply Screens to IMAX to Support Recently Announced Japan Expansion
3 Feb 23
Intrinsic's Growing Transaction Opinions Practice Issued Two Public Company Fairness Opinions in 2022
2 Feb 23
STRONG/MDI HGA ReAct Screen to be Primary Display at the 2023 Munich Film Week
23 Jan 23