FG Financial Group enters ATM equity offering agreement with ThinkEquity for up to $2.58M

FG Nexus Inc.

At-the-market offering of up to $2,575,976 of common stock through ThinkEquity LLC.
Agent receives 3.0% commission on gross proceeds plus up to $50,000 in upfront expense reimbursement.
Sales occur on Nasdaq under symbol FGF; company not obligated to sell any shares.
Agreement effective November 3, 2022; either party may terminate with 10 days' notice.

item 1.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

FG Nexus Inc. entered into Sales Agreement with ThinkEquity LLC valued at up to $2,575,976 (effective 2022-11-03).

Action: entry
Agreement: atm program
Counterparty: ThinkEquity LLC
Value: up to $2,575,976
Effective: 2022-11-03

Exact text from the filing

On November 3, 2022, FG Financial Group, Inc. (the “Company”) entered into a Sales Agreement (the “Sales Agreement”) with ThinkEquity LLC (the “Sales Agent”), pursuant to which the Company may offer and sell, from time to time through the Sales Agent, shares (the “Shares”) of the Company’s common stock, par value $0.001 per share (the “Common Stock”), having an aggregate offering price of up to $2,575,976

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38 material agreements filed in the last 30 days. Browse all material agreements →

FG Nexus Inc. filing history →

Source: SEC EDGAR

accession 0001493152-22-030362

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