FG Financial Group, Inc. Announces Closing of Public Offering

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Jun 21, 2022

FG Financial Group, Inc. (Nasdaq:FGF) (the “Company”), a reinsurance and investment management holding company focused on opportunistic collateralized and loss capped reinsurance, while allocating capital in partnership with Fundamental Global® and, from time to time, other strategic investors, to SPAC and SPAC sponsor-related businesses, today announced the closing of its previously announced underwritten public offering of 2,750,000 shares of its common stock, at a public offering price of $1.58 per share, for gross proceeds of $4.345 million, before deducting underwriting commissions and offering expenses.