The new SPAC intends to focus its search for a target business in the financial services industry in North America. FGMC is led by CEO and Director M. Wesley Schrader, Chairman and Director Larry G. Swets, Jr., and CFO Emily Torres.
Total SPAC deal count for 2022 year-to-date is now 44. This offering is expected to close on Tuesday, March 1.
ThinkEquity is acting as the sole underwriter for the initial public offering. Loeb & Loeb LLP is serving as Issuer’s Counsel with Blank Rome LLP serving as Underwriter’s Counsel. Plante & Moran, PLLC serves as an auditor. Continental Stock Transfer & Trust Company is acting as trustee.