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FG Merger II Corp. ( (FGMC) ) just unveiled an announcement.
On May 14, 2025, FG Merger II Corp. announced a reduction in the permitted working capital withdrawals from its trust account, agreeing to limit withdrawals to $1,200,000 in total for working capital purposes until the completion of its initial business combination. This decision, acknowledged by Continental Stock Transfer & Trust Company, aims to manage the company’s financial resources more prudently as it seeks a suitable business combination target.
More about FG Merger II Corp.
FG Merger II Corp. is a special purpose acquisition company (SPAC) formed to facilitate mergers, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations with one or more entities. The company focuses its search for target businesses within the financial services industry in North America.
Average Trading Volume: 45,657
Find detailed analytics on FGMC stock on TipRanks’ Stock Analysis page.