FG Financial Group, Inc (FGF) Prices 652K Share Offering at $4/sh

FG Financial Group, Inc. (NASDAQ: FGF), today announced the pricing of its underwritten public offering of 652,174 shares of its common stock, at a public offering price of $4.00 per share, for gross proceeds of $2,608,696, before deducting underwriting commissions and offering expenses. All of the shares are being offered by the Company.

The underwriters have been granted a 45-day option to purchase up to 97,826 additional shares of common stock from the Company, exercisable in whole or in part, solely to cover over-allotments, at the public offering price less the underwriting commissions.

The offering is expected to close on October 28, 2021, subject to satisfaction of customary closing conditions.

ThinkEquity is acting as sole book-running manager for the offering.

The securities will be offered and sold pursuant to a registration statement on Form S-1 (File No. 333-258457), filed with the U.S. Securities and Exchange Commission (the “SEC”) on August 4, 2021, amended on October 5, 2021, and declared effective on October 25, 2021. The offering will be made only by means of a written prospectus, which has been or will be filed with the SEC on its website at www.sec.gov. Copies of the prospectus relating to the offering may also be obtained from the offices of ThinkEquity, 17 State Street, 22nd Floor, New York, New York 10004, by telephone at (877) 436-3673 or by email at [email protected]. Before investing in this offering, interested parties should read in their entirety the prospectus and the other documents that the Company has filed with the SEC that are incorporated by reference in the prospectus, which provide more information about the Company and such offering.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

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