FG Merger registered to offer 7 million units, each priced at $10 and consisting of one share of common stock and one-half of a warrant.
The fintech-focused SPAC will target North American companies.
CEO and Director M. Wesley Schrader founded Waverider Partners, an advisory and investment firm, in 2021 and has served as its managing member since inception. Schrader also founded Capital MW, a management consulting firm, in 2008 and has served as its managing member since inception.
ThinkEquity is sole manager of the offering.
The SPAC in the filing said it has applied to list on the Nasdaq, but has not yet selected a ticker symbol. Read more.