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Fundamental Global Inc. Announces $6.5M Sale of Digital Ignition
FGFFG Financial (FGF) Newsfilter·2024-04-22 12:30

Advancing Strategic Focus and Strengthening Financial Position Mooresville, NC, April 22, 2024 (GLOBE NEWSWIRE) -- Fundamental Global Inc. (NASDAQ:FGF, FGFPP))) (the "Company" or "Fundamental Global") today announced the sale of its Digital Ignition building and wholly owned subsidiary for 6.5million.FundamentalGlobalwillreceiveapproximately6.5 million. Fundamental Global will receive approximately 1.3 million in cash, net of closing costs and repayment of debt. In addition, the Company expects annual operating costs to be reduced by approximately $1 milli ...