---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-039224"
form_type: "8-K"
ticker: null
cik: "0001893448"
company_name: "Strong Global Entertainment, Inc."
filed_at: "2024-10-02T23:59:59+00:00"
generated_at: "2026-05-30T22:48:36.093532+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Strong Global Entertainment completes combination with Fundamental Global and sale of Strong/MDI for $29.5M

## Summary
- Strong Global shareholders to receive 1.5 Fundamental Global shares per SGE share; >99% voted to approve.
- Strong/MDI sold to Saltire Holdings for $29.5M ($0.8M cash, $9M preferred, $19.7M common shares).
- Strong Global holds ~37% of Saltire common shares; expects net pre-tax gain >$25M.
- SGE to be delisted from NYSE before open on Sept 30, 2024; Form 15 to suspend SEC reporting.

## SEC filing metadata
- accession: 0001493152-24-039224
- form_type: 8-K
- cik: 0001893448
- company_name: Strong Global Entertainment, Inc.
- filed_at: 2024-10-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.01, 3.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1893448/000149315224039224/0001493152-24-039224-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1893448/000149315224039224/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-039224
- JSON: https://secwatch.observer/filing/0001493152-24-039224.json
- Plain text: https://secwatch.observer/filing/0001493152-24-039224.txt

## Key facts
- M&A Transactions
  Strong Global Entertainment, Inc. completed an acquisition involving Fundamental Global Inc. (closed 2024-09-30).
  - Action: acquisition
  - Counterparty: Fundamental Global Inc.
  - Closing: 2024-09-30
  source text: On September 30, 2024, Strong Global Entertainment, Inc. (“SGE”), Fundamental Global Holdings BC ULC, an unlimited liability company existing under the laws of the Province of British Columbia and majority owner of SGE (“FG BC”), and 1483530 B.C. Ltd., a newly formed subsidiary of FG BC (“Subco”), completed an arrangement transaction pursuant to the terms of the Arrangement Agreement, dated May 30, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1893448/000149315224039224/0001493152-24-039224-index.htm
- M&A Transactions
  Strong Global Entertainment, Inc. completed a disposition involving Saltire Holdings, Ltd for $29.5 million (closed 2024-09-25).
  - Action: disposition
  - Counterparty: Saltire Holdings, Ltd
  - Consideration: $29.5 million
  - Closing: 2024-09-25
  source text: renamed Saltire Holdings, Ltd (“Saltire”). Pursuant to the acquisition agreement, dated May 3, 2024 (the “Acquisition Agreement”), SGE received the equivalent of approximately $29.5 million in cash and preferred and common shares of Saltire, consisting of: (i) cash consideration in an amount equal to 25% of the net proceeds of a concurrent private placement (or $0.8
  evidence_url: https://www.sec.gov/Archives/edgar/data/1893448/000149315224039224/0001493152-24-039224-index.htm

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