Mooresville, NC, May 21, 2024 (GLOBE NEWSWIRE) -- Fundamental Global Inc. (Nasdaq: FGF, FGFPP) (the "Company" or "Fundamental Global"), formerly known as FG Financial Group, Inc., today announced that it has declared a quarterly cash dividend on its 8.00% Cumulative Preferred Stock, Series A (the "Preferred Stock"), for the period commencing on March 15, 2024, and ending on June 14, 2024.
In accordance with the terms of the Preferred Stock, the board of directors of the Company declared a Preferred Stock cash dividend of $0.50 per share for the period commencing on March 15, 2024, and ending on June 14, 2024. The dividend is payable on June 15, 2024, to holders of record on June 1, 2024. The Preferred Stock is currently listed on the Nasdaq Stock Market and trades under the ticker symbol "FGFPP".
Fundamental Global Inc.
Fundamental Global Inc. (Nasdaq: FGF, FGFPP) and its subsidiaries engage in diverse business activities including reinsurance, asset management, merchant banking, manufacturing and managed services.
The FG logo and Fundamental Global are registered trademarks of Fundamental Global LLC.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). These statements are therefore entitled to the protection of the safe harbor provisions of these laws. These statements may be identified by the use of forward-looking terminology such as "anticipate," "believe," "budget," "can," "contemplate," "continue," "could," "envision," "estimate," "expect," "evaluate," "forecast," "goal," "guidance," "indicate," "intend," "likely," "may," "might," "outlook," "plan," "possibly," "potential," "predict," "probable," "probably," "pro-forma," "project," "seek," "should," "target," "view," "will," "would," "will be," "will continue," "will likely result" or the negative thereof or other variations thereon or comparable terminology. In particular, discussions and statements regarding the Company's future business plans and initiatives are forward-looking in nature. We have based these forward-looking statements on our current expectations, assumptions, estimates, and projections. While we believe these to be reasonable, such forward-looking statements are only predictions and involve a number of risks and uncertainties, many of which are beyond our control. These and other important factors may cause our actual results, performance, or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements, and may impact our ability to implement and execute on our future business plans and initiatives. Management cautions that the forward-looking statements in this release are not guarantees of future performance, and we cannot assume that such statements will be realized or the forward-looking events and circumstances will occur. Factors that might cause such a difference include, without limitation: risks associated with our inability to identify and realize business opportunities, and the undertaking of any new such opportunities; our lack of operating history or established reputation in the reinsurance industry; our inability to obtain or maintain the necessary approvals to operate reinsurance subsidiaries; risks associated with operating in the reinsurance industry, including inadequately priced insured risks, credit risk associated with brokers we may do business with, and inadequate retrocessional coverage; our inability to execute on our investment holdings and asset management strategy, including our strategy to invest in the risk capital of special purpose acquisition companies (SPACs); our ability to maintain and expand our revenue streams to compensate for the lower demand for our digital cinema products and installation services; potential interruptions of supplier relationships or higher prices charged by suppliers in connection with our Strong Global business; our ability to successfully compete and introduce enhancements and new features that achieve market acceptance and that keep pace with technological developments; our ability to maintain Strong Global's brand and reputation and retain or replace its significant customers; challenges associated with Strong Global's long sales cycles; the impact of a challenging global economic environment or a downturn in the markets; the effects of economic, public health, and political conditions that impact business and consumer confidence and spending, including rising interest rates, periods of heightened inflation and market instability; potential loss of value of investment holdings; risk of becoming an investment company; fluctuations in our short-term results as we implement our new business strategy; risks of being unable to attract and retain qualified management and personnel to implement and execute on our business and growth strategy; failure of our information technology systems, data breaches and cyber-attacks; our ability to establish and maintain an effective system of internal controls; our limited operating history as a public company; the requirements of being a public company and losing our status as a smaller reporting company or becoming an accelerated filer; any potential conflicts of interest between us and our controlling stockholders and different interests of controlling stockholders; potential conflicts of interest between us and our directors and executive officers; risks associated with our related party transactions and investment holdings; and risks associated with our investments in SPACs, including the failure of any such SPAC to complete its initial business combination. Our expectations and future plans and initiatives may not be realized. If one of these risks or uncertainties materializes, or if our underlying assumptions prove incorrect, actual results may vary materially from those expected, estimated or projected. You are cautioned not to place undue reliance on forward-looking statements. The forward-looking statements are made only as of the date hereof and do not necessarily reflect our outlook at any other point in time. We do not undertake and specifically decline any obligation to update any such statements or to publicly announce the results of any revisions to any such statements to reflect new information, future events or developments.
Investor Contact:
investors@fundamentalglobal.com
ノースカロライナ州ムーアズビル、2024年5月21日(グローブ・ニュースワイヤー)- ファンダメンタル・グローバル・インク(NASDAQ:FGF、FGFPP)(以下、「同社」または「ファンダメンタル・グローバル」と呼称)は、FGフィナンシャルグループ、インク.として以前に知られていた同社が、第一級優先株式、Aシリーズ(以下、「優先株式」)に関する四半期現金配当を、2024年3月15日から2024年6月14日までの期間に宣言したことを発表しました。
優先株式の条項に従って、同社の取締役会は、2024年3月15日から2024年6月14日までの期間に、優先株式の現金配当額を1株当たり0.50ドルと宣言しました。配当は、2024年6月1日に保有者名簿に記載された人に対して2024年6月15日に支払われます。優先株式は、現在ナスダック証券取引所に上場し、「FGFPP」というティッカーシンボルで取引されています。
ファンダメンタル・グローバル・インク
ファンダメンタル・グローバル・インク(NASDAQ:FGF、FGFPP)およびその子会社は、リインシュアランス、資産管理、マーチャントバンキング、製造業、およびマネージドサービスを含む多様なビジネス活動に従事しています。
FGのロゴとFundamental Globalは、Fundamental Global LLCの登録商標です。ファンダメンタルグローバル社-2024年度
将来の見通しに関する声明
このプレスリリースには、修正された1933年証券法(以下「証券法」という)第27A条および修正された1934年証券取引法(以下「取引法」という)第21E条に基づく前向き見通しに関する声明が含まれています。これらの声明は、これらの法律のセーフハーバー規定の保護を受けるため、それらを利用することができます。これらの声明は、「予測する」「信じる」「予算を立てる」「できる」「検討する」「続ける」「できる」「見通しを立てる」「見積もる」「期待する」「評価する」「予測する」「目標」「ガイダンス」「指示する」「意図する」「おそらく」「可能性がある」「見通し」「計画する」「可能性がある」「潜在的」「予測する」「確実」「可能性が高い結果になるでしょうか」「否定的な内容やその他の類似の用語。 特に、同社の将来の事業計画とイニシアチブに関する議論や声明は、将来を見通したものであり、前向き見通しの性質を帯びています。これらの前向き見通しの声明は、現在の期待、仮定、見積もり、および予測に基づいています。これらを合理的と考えていますが、そのような前向き見通しの声明は予測であり、多くのリスクと不確実性を伴います。これらとその他の重要な要因により、実際の結果、パフォーマンス、または業績が、これらの前向き見通しの声明により表明された将来の結果、パフォーマンス、または業績から実際には異なる可能性があり、将来の事業計画を実施・実行する能力に影響を与える可能性があります。経営陣は、本リリースに含まれる前向き見通しの声明が将来の業績を保証するものではなく、そのような声明が実現するか、前向き見通しのイベントや事情が発生するかどうかを前提にすることはできないことに注意することを勧めます。このようなリスクや不確実な点が実現する場合、または当社の基本となる仮定が正しくない場合、実際の結果は期待された結果、パフォーマンス、または予測された結果、パフォーマンスに相当に異なる可能性があります。前向き見通しの声明に過度に依存しないでください。前向き見通しの声明は、ここでのみ提供され、他の時点での当社の見通しを必ずしも反映するわけではありません。私たちは、このような声明を更新し、またはこれらの声明のいかなる修正の結果を公に発表することはないことについて、明確に拒否し、これに特に義務を負うことはありません。
投資家連絡先:
investors@fundamentalglobal.com