Exclusive: ThinkMarkets IPO partner FG Acquisition confirms cash reduced from $118M to just $2M
FG Acquisition and ThinkMarkets still intend to go ahead with their merger, which will require at least $10 million to be raised.
FG Acquisition and ThinkMarkets still intend to go ahead with their merger, which will require at least $10 million to be raised.
FG is facing an already-once-extended deadline of November 30 to come up with at least $10 million in fresh capital.
When ThinkMarkets announced that it was going public by merging with FG, the plan was for the deal to be completed by the end of July 2023.