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$ SGE READ----- On May 3, 2024 FGAC and the Sponsors entered into the Acquisition Agreement with Strong Global and MDI, pursuant to which FGAC intends to acquire, directly or indirectly, all of the outstanding shares in the capital of MDI. As a result of the MDI Acquisition, MDI will become a wholly-owned subsidiary of FGAC. The MDI Acquisition will constitute FGAC's Qualifying Acquisition, and values MDI at a pre-money valuation of $30 million (as adjusted pursuant to the Acquisition Agreement, the "MDI Equity Value").
On Closing, FGAC will satisfy the Purchase Price (as defined in the Acquisition Agreement) with: (i) cash, in an amount equal to 25% of the net proceeds of a concurrent private placement, if any (the "Cash Consideration"), (ii) the issuance to Strong Global of preferred shares ("Preferred Shares") with an initial preferred share redemption amount of $9,000,000, and (iii) the issuance to Strong Global of that number of Common Shares equal to (a) the MDI Equity Value minus * the Cash Consideration and (y) the Preferred Shares, divided by (b) $10.00.
FFIE no delisting, float is 67% short, unheard of for a .04c Naz ticker- squeeze em
FFIE--- Short Float 64.27% on a ,05c play, really unheard of.
FFIE got that look.
BLND -----*Blend Labs shares are trading higher after the company announced a strategic partnership with Haveli Investments, including a $150 million investment.
FFIE .054 ramping up
FFIE .054 ramping up
yep buckle up.
AWIN 400k float DRONE play
LUCY runs w volume GREEN
MRIN ready to again
NUTX going now.085
DJT first day w new symbol /formally DWAC. MAGA
.42 200 MDA
MLGO RS ,ww
MLGO RS ,ww
BNAI 100k float ,WW
DRMA hard watch today.
DRMA send it
DRMA L2 stacked
DRMA hod
DRMA
earnings out today i believe
$ KITT good volume , company has $$$$, chart looks ready
VLD DUO on hard watch this week.
webull
SYRA one govy contact after another, conference today ww.
LYT
Watch this one Monday, along w PEGY.
thx glen
$GNS earnings great, chart looks nice really nice.
BETS there she goes post RS
3 buck AM tomorrow
better w b coin, overall market sux.
$DOGZ halted up
$DOGZ halted up
TGL 13g >>>> 10milliy bought inside.
DOGZ looks good here
$INPX loaded more, merger coming
$UCAR ,25 mill in cash , possible merger. Low floater