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Founder Group (FGL) 424B Filings

FGL NASDAQ

Here are the 424B prospectus supplements from Founder Group Limited (FGL) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 424B covers the supplement that carries the terms of a priced offering, so if you follow FGL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FGL filings page.

Rhea-AI Summary

Founder Group Limited files a prospectus to register the resale of up to 900,000 Class A Ordinary Shares by the selling shareholder, Streeterville Capital, LLC, representing shares issuable upon conversion of a secured convertible promissory note. The prospectus states the company will not receive any proceeds from these resales.

The Note was issued in a private placement with an original principal amount of $16,070,000 and $15,000,000 in aggregate gross proceeds received by the company. The Note converts at 82.5% of the lowest daily VWAP during ten consecutive trading days preceding a measurement date, subject to a $6.874 floor price and a 9.99% beneficial ownership limit.

Rhea-AI Summary

Founder Group Limited registers resale of up to 900,000 Class A Ordinary Shares. This prospectus registers resale by a selling shareholder of up to 900,000 Class A Ordinary Shares, to be sold from time to time for the selling shareholder’s account. The Company will receive no proceeds from these sales.

The shares are issuable upon conversion of a secured convertible promissory note with an original principal amount of $16,070,000 (including an original issue discount of $1,050,000), convertible at a price equal to 82.5% of the lowest daily VWAP during ten consecutive trading days preceding the measurement date, subject to a floor price of $6.874 and a cash‑in‑lieu option if conversion price is below that floor. The prospectus also discloses the Company received aggregate gross proceeds computed as $15,000,000 under the Purchase Agreement and lists a Nasdaq closing price of $6.32 on March 11, 2026.