WD Capital
fg-large

WDC Advises FG Acquisition Corp. on Acquisition of Strong / MDI Screen Systems, Inc.

TORONTO, Mar 2024. WDC is pleased to announce that it provided the Special Committee of the Board of Directors of FG Acquisition Corp. with a Formal Valuation Report on the fair market value of 100% equity interest of Strong / MDI Screen Systems, Inc.
Written by: WD Capital

WD Capital Markets Inc. (“WDC”) provided the Special Committee of the Board of Directors of FG Acquisition Corp. (“FGA”) (FGAA-U.TO) an independent formal valuation report of the fair market value of 100% of the equity interests of Strong/MDI Screen Systems, Inc. (“SMSS”), a wholly-owned subsidiary of Strong Global Entertainment, Inc. (NYSEAMERICAN: SGE)

As outlined in a May 3rd, 2024 press release (linked below), FGA and SMSS entered into an LOI that outlined the terms in which FGA would acquire 100% of the shares of SMSS based on an enterprise value of USD$30M. 

https://www.globenewswire.com/news-release/2024/05/03/2875389/0/en/FG-Acquisition-Corp-Announces-Proposed-Acquisition-of-Strong-MDI-Screen-Systems-Inc-and-launch-of-Saltire-Holdings-Ltd.html

About WD Capital Markets Inc.

Founded in 2009, WD Capital Markets Inc. ("WDC") is a boutique corporate finance advisory firm specializing in Mergers & Acquisitions and advisory services for clients across North America. The WDC team has advised on over 200 private and public transactions totaling over $2 billion in value. In addition to executing Sell-Side and Buy-Side M&A mandates, WDC is one of Canada’s only truly independent providers of well-prepared Valuations and Fairness Opinions. Visit WDC at WDCapital.ca

For More Information contact:

Tyler Lang, President tyler@wdcapital.ca

Vijay Malhotra, Vice President vijay@wdcapital.ca

Taj Hussain, Sr. Associate taj@wdcapital.ca