FG Merger announced that the underwriters in its initial public offering fully exercised their over-allotment option with the purchased 1.05 million units, generating additional gross proceeds of $10.5 million.
The total aggregate issuance by the company resulted in gross proceeds of $80.5 million.
The fintech-focused SPAC is targeting North American companies.
ThinkEquity was sole book-running manager for the offering. Read more.
