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TORONTO, June 26,
2023 /CNW/ - FG ACQUISITION CORP. (TSX:
FGAA.U) (TSX: FGAA.WT.U) (the "Corporation") announced today
that it has amended and restated its material change report dated
May 23, 2023, which was filed in
connection with the Corporation's proposed business combination
with Think Financial Group Holdings Limited (the "Business
Combination").
The amended and restated material change report (the "Amended
and Restated MCR") was filed in order to provide additional
disclosure in respect of the Business Combination required under
Section 5.2(1) of Multilateral Instrument 61-101 Protection of
Minority Security Holders in Special Transactions. The Amended
and Restated MCR is available under the Corporation's profile on
SEDAR at www.sedar.com.
About FG Acquisition
Corp.
FG Acquisition Corp. is a special purpose acquisition company
incorporated under the laws of British
Columbia for the purpose of effecting, directly or
indirectly, an acquisition of one or more businesses or assets, by
way of a merger, amalgamation, arrangement, share exchange, asset
acquisition, share purchase, reorganization, or any other similar
business combination involving the Corporation. Kyle Cerminara serves as Chairman, Larry Swets, Jr. serves as Director and Chief
Executive Officer, and Hassan R.
Baqar serves as Director and Chief Financial Officer of the
Corporation. In addition, Robert I.
Kauffman, a former co-founder and Principal of Fortress
Investment Group, serves as a Senior Advisor to the Corporation.
The Corporation received US$115
million of proceeds from its initial public offering which
was completed on April 5, 2022 and
the closing of the over-allotment option granted in connection with
such initial public offering which was completed on April 20, 2022. The gross proceeds of the
offering were placed in an escrow account with TSX Trust Company
immediately thereafter and will be released upon consummation of
the Qualifying Acquisition in accordance with the terms and
conditions of the escrow agreement.
SOURCE FG Acquisition Corp.