Friday, August 25, 2023

Equity Corporate Actions Alert #2023 - 492
(UPDATED: Unit consideration revised) Information Regarding the Business Combination of FG Merger Corp. (FGMC/W/U) & iCoreConnect Inc.

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The business combination of FG Merger Corp. (FGMC/W/U) & iCoreConnect Inc. (OTC:ICCT) closed today, August 25, 2023. As a result of the business combination, the common stock, warrant, and unit of pre-business combination FG Merger Corp. (FGMC/W/U) will be suspended from trading. As a result of the merger, each share of pre-business combination iCoreConnect Inc. Common stock (OTC: ICCT) will be exchanged for 0.033512 shares of iCoreConnect Inc. Common stock New (Nasdaq: ICCT). The details are as follows:

Company Name/Issue: FG Merger Corp. Common Stock
CUSIP#: 30324Y101
Symbol: FGMC
Last Trading Date: August 25, 2023
Marketplace Effective Date for Suspension: August 28, 2023
Merger Consideration: Each share of FGMC will be exchanged for one share of convertible preferred stock of the combined company. The preferred will not be listed on Nasdaq.
Company Name/Issue: FG Merger Corp Warrant
CUSIP#: 30324Y119
Symbol: FGMGW
Last Trading Date: August 25, 2023
Marketplace Effective Date for Suspension: August 28, 2023
Merger Consideration: Each FGMC Warrant will be exchanged for one warrant of the combined company. The warrant will not be listed on Nasdaq.
Company Name/Issue: FG Merger Corp Unit
CUSIP#: 30324Y200
Symbol: FGMCU
Last Trading Date: August 25, 2023
Marketplace Effective Date for Suspension: August 28, 2023
Merger Consideration: Each Unit will separate into one convertible preferred share and 3/4 of a warrant.

The combined company will list its new common stock on a post-business combination basis on the Nasdaq Capital Market under symbol (ICCT). The details are as follows:

Company Name/Issue: iCoreConnect Inc. Common stock
CUSIP#: 450958103
Symbol: ICCT
Marketplace Effective Date: August 28, 2023

If you would like to register as a market maker in ICCT contact Nasdaq Trading Services at +1 212 231 5100.



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