UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 8.01 Other Information
On June 21, 2022, FG Financial Group, Inc. (the “Company”) issued a press release announcing the closing of its previously announced underwritten public offering (the “Offering”) of 2,750,000 shares of its common stock at a public offering price of $1.58 per share, less underwriting discounts and commissions. The Company granted the representative of the underwriters a 45-day option to purchase up to 412,500 additional shares of common stock at the public offering price, less underwriting discounts and commissions, to cover over-allotments, if any.
The net proceeds to the Company from the Offering were approximately $3.8 million, after deducting underwriting discounts and commissions and other estimated offering expenses. The Company intends to use the net proceeds from this offering for working capital and other general corporate purposes.
A copy of the press release is filed herewith as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits:
| Exhibit | Description | |
| 99.1 | Press Release issued by the Company on June 21, 2022 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| FG FINANCIAL GROUP, INC. | ||
| Date: June 21, 2022 | By: | /s/ Hassan R. Baqar |
| Name: | Hassan R. Baqar | |
| Title: | Chief Financial Officer | |