HDL Advises FG Acquisition Corp. on Acquisition of Strong / MDI Screen Systems, Inc.
HDL Capital Inc. (“HDL”) 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.
About HDL Capital Inc.
Founded in 2009, HDL Capital Inc. ("HDL") is a boutique corporate finance advisory firm specializing in Mergers & Acquisitions and advisory services for clients across North America. The HDL 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, HDL is one of Canada’s only truly independent providers of well-prepared Valuations and Fairness Opinions. Visit HDL at www.hdlcapital.com
For More Information contact:
Tyler Lang, President tyler@hdlcapital.com
Vijay Malhotra, Vice President vijay@hdlcapital.com
Taj Hussain, Sr. Associate taj@hdlcapital.com