FG Acquisition Slates Extension Vote After Deal Terminates

FG Acquisition called a May 15 shareholders meeting to vote on extending the Canadian SPAC’s deadline from July 5 Nov. 5.

The announcement follows the collapse in December of a deal with Melbourne-based brokerage ThinkMarkets. The parties called off the merger five and a half months after the SPAC’s shareholders approved the deal.

Following the mutual decision, FG said it would actively explore other opportunities to complete potential acquisitions. Read more.