FG MERGER II CORP. REPORTS FIRST QUARTER 2025 INTERIM FINANCIAL RESULTS
FG Merger II Corp. (NASDAQ: FGMC) has released its Q1 2025 financial results. As of March 31, 2025, the company's trust account balance stands at approximately $10.14 per share, above its initial deposit of $10.10 per share. The company anticipates this balance to grow through earned interest. While FGMC can withdraw interest earnings for working capital purposes, the trust balance must maintain a minimum of $10.10 per share, protecting the original deposit amount.
FG Merger II Corp. (NASDAQ: FGMC) ha pubblicato i risultati finanziari del primo trimestre 2025. Al 31 marzo 2025, il saldo del conto fiduciario della società è di circa 10,14 dollari per azione, superiore al deposito iniziale di 10,10 dollari per azione. L'azienda prevede che questo saldo aumenterà grazie agli interessi maturati. Sebbene FGMC possa prelevare gli interessi maturati per scopi di capitale operativo, il saldo del conto fiduciario deve mantenere un minimo di 10,10 dollari per azione, a tutela dell'importo del deposito originale.
FG Merger II Corp. (NASDAQ: FGMC) ha publicado sus resultados financieros del primer trimestre de 2025. Al 31 de marzo de 2025, el saldo de la cuenta fiduciaria de la compañía es aproximadamente de 10,14 dólares por acción, por encima del depósito inicial de 10,10 dólares por acción. La empresa espera que este saldo crezca gracias a los intereses generados. Aunque FGMC puede retirar los intereses ganados para capital de trabajo, el saldo fiduciario debe mantenerse en un mínimo de 10,10 dólares por acción, protegiendo el monto del depósito original.
FG Merger II Corp. (NASDAQ: FGMC)가 2025년 1분기 재무 결과를 발표했습니다. 2025년 3월 31일 기준으로 회사의 신탁 계좌 잔액은 약 주당 10.14달러로, 초기 예치금인 주당 10.10달러를 상회합니다. 회사는 이 잔액이 발생한 이자를 통해 증가할 것으로 예상합니다. FGMC는 영업 자금 용도로 이자 수익을 인출할 수 있지만, 신탁 잔액은 원금 보호를 위해 주당 최소 10.10달러를 유지해야 합니다.
FG Merger II Corp. (NASDAQ : FGMC) a publié ses résultats financiers du premier trimestre 2025. Au 31 mars 2025, le solde du compte en fiducie de la société s'élève à environ 10,14 $ par action, supérieur au dépôt initial de 10,10 $ par action. La société prévoit que ce solde augmentera grâce aux intérêts accumulés. Bien que FGMC puisse retirer les intérêts gagnés pour financer son fonds de roulement, le solde du compte en fiducie doit rester au minimum à 10,10 $ par action, protégeant ainsi le montant du dépôt initial.
FG Merger II Corp. (NASDAQ: FGMC) hat seine Finanzergebnisse für das erste Quartal 2025 veröffentlicht. Zum 31. März 2025 beträgt der Kontostand des Treuhandkontos des Unternehmens etwa 10,14 USD pro Aktie, was über der Anfangseinlage von 10,10 USD pro Aktie liegt. Das Unternehmen erwartet, dass dieser Betrag durch erwirtschaftete Zinsen wächst. Während FGMC die Zinserträge zur Finanzierung des operativen Kapitals abheben kann, muss der Treuhandkontostand mindestens 10,10 USD pro Aktie betragen, um die ursprüngliche Einlage zu schützen.
- Trust account balance per share ($10.14) is above the initial deposit ($10.10)
- Expected growth in trust account balance through interest earnings
- None.
The value of the Company's trust account balance per share as of March 31, 2025, was approximately
About FG Merger II Corp.
FG Merger II Corp. is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. While FG Merger II Corp. will not limit its search for a target company to any particular business segment, FG Merger II Corp. intends to focus its search for a target business in the financial services industry in North America.
Forward-Looking Statements
This press release contains statements that constitute "forward-looking statements," including with respect to the interim financial results as at and for the three months ended March 31, 2025. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and prospectus for the Company's offering filed with the SEC. Copies are available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Contacts
Hassan R. Baqar
Chief Financial Officer
FG Merger II Corp.
(847) 791-6817
info@fgmerger.com
View original content:https://www.prnewswire.com/news-releases/fg-merger-ii-corp-reports-first-quarter-2025-interim-financial-results-302444600.html
SOURCE FG Merger II Corp.
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