---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-067282"
form_type: "8-K"
ticker: null
cik: "0001906133"
company_name: "iCoreConnect Inc."
filed_at: "2023-06-02T23:59:59+00:00"
generated_at: "2026-06-14T08:35:03.147208+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# FGMC extends deadline to Sep 1, 2023; issues $805K in promissory notes

## Summary
- Deposited $805,000 into trust account to extend business combination deadline to Sep 1, 2023.
- Issued $405,000 sponsor note to FG Merger Investors LLC, convertible at $10/unit.
- Issued $400,000 in target notes to lenders (incl. iCoreConnect affiliates); guaranteed by iCoreConnect.
- Notes due upon business combination; convertible into private units at $10/unit.
- Extension provides additional time to complete proposed merger with iCoreConnect.

## SEC filing metadata
- accession: 0001104659-23-067282
- form_type: 8-K
- cik: 0001906133
- company_name: iCoreConnect Inc.
- filed_at: 2023-06-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1906133/000110465923067282/0001104659-23-067282-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1906133/000110465923067282/tm2317582d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-067282
- JSON: https://secwatch.observer/filing/0001104659-23-067282.json
- Plain text: https://secwatch.observer/filing/0001104659-23-067282.txt

## Key facts
- Debt Financings
  iCoreConnect Inc. incurred loan of $400,000 with several lenders, including certain affiliates of iCoreConnect Inc. at non-interest bearing maturing upon FGMC’s consummation of an initial business combination.
  - Instrument: loan
  - Principal: $400,000
  - Counterparty: several lenders, including certain affiliates of iCoreConnect Inc.
  - Rate: non-interest bearing
  - Maturity: upon FGMC’s consummation of an initial business combination
  - Event: incurrence
  source text: Also on May 31, 2023, FGMC issued non-interest bearing unsecured promissory notes in the aggregate principal amount of $400,000 (collectively, the “ Target Notes ”) to several lenders, including certain affiliates of iCoreConnect Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1906133/000110465923067282/0001104659-23-067282-index.htm
- Debt Financings
  iCoreConnect Inc. incurred loan of $405,000 with FG Merger Investors LLC at non-interest bearing maturing upon FGMC’s consummation of an initial business combination.
  - Instrument: loan
  - Principal: $405,000
  - Counterparty: FG Merger Investors LLC
  - Rate: non-interest bearing
  - Maturity: upon FGMC’s consummation of an initial business combination
  - Event: incurrence
  source text: On May 31, 2023, FG Merger Corp. (“ FGMC ”) issued a non-interest bearing unsecured promissory note in the aggregate principal amount of $405,000 (the “ Sponsor Note ”) to FG Merger Investors LLC, the Company’s initial public offering sponsor (“ Sponsor ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1906133/000110465923067282/0001104659-23-067282-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.