Mooresville, NC, Feb. 14, 2025 (GLOBE NEWSWIRE) — Fundamental Global Inc. (Nasdaq: FGF) (the “Firm” or “Fundamental Global”) right now introduced that it has declared a quarterly money dividend on its 8.00% Cumulative Preferred Inventory, Series A (the “Preferred Inventory”), for the interval commencing on December 15, 2024, and ending on March 14, 2025.
In accordance with the phrases of the Preferred Inventory, the board of administrators of the Firm declared a Preferred Inventory money dividend of $0.50 per share for the interval commencing on December 15, 2024, and ending on March 14, 2025. The dividend is payable on March 17, 2025, to holders of file on March 3, 2025. The Preferred Inventory is at the moment listed on the Nasdaq Inventory Market and trades below the ticker image “FGFPP”.
Fundamental Global Inc.
Fundamental Global Inc. (Nasdaq: FGF, FGFPP) and its subsidiaries interact in numerous enterprise actions together with reinsurance, asset administration, service provider banking, and managed companies.
The FG® brand and Fundamental Global® are registered emblems of Fundamental Global LLC.
This press launch comprises forward-looking statements throughout the which means of Part 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Part 21E of the Securities Alternate Act of 1934, as amended (the “Alternate Act”). These statements are due to this fact entitled to the safety of the secure harbor provisions of those legal guidelines. These statements could also be recognized by way of forward-looking terminology corresponding to “anticipate,” “consider,” “price range,” “can,” “ponder,” “proceed,” “may,” “envision,” “estimate,” “count on,” “consider,” “forecast,” “objective,” “steering,” “point out,” “intend,” “seemingly,” “could,” “would possibly,” “outlook,” “plan,” “probably,” “potential,” “predict,” “possible,” “most likely,” “pro-forma,” “undertaking,” “search,” “ought to,” “goal,” “view,” “will,” “would,” “can be,” “will proceed,” “will seemingly consequence” or the damaging thereof or different variations thereon or comparable terminology. Specifically, discussions and statements concerning the Firm’s future enterprise plans and initiatives are forward-looking in nature. We’ve primarily based these forward-looking statements on our present expectations, assumptions, estimates, and projections. Whereas we consider these to be cheap, such forward-looking statements are solely predictions and contain quite a few dangers and uncertainties, a lot of that are past our management. These and different essential components could trigger our precise outcomes, efficiency, or achievements to vary materially from any future outcomes, efficiency or achievements expressed or implied by these forward-looking statements, and will affect our potential to implement and execute on our future enterprise plans and initiatives. Administration cautions that the forward-looking statements on this launch will not be ensures of future efficiency, and we can not assume that such statements can be realized or the forward-looking occasions and circumstances will happen. Elements that may trigger such a distinction embody, with out limitation: dangers related to our incapability to establish and understand enterprise alternatives, and the endeavor of any new such alternatives; our lack of working historical past or established fame within the reinsurance business; our incapability to acquire or preserve the required approvals to function reinsurance subsidiaries; dangers related to working within the reinsurance business, together with inadequately priced insured dangers, credit score threat related to brokers we could do enterprise with, and insufficient retrocessional protection; our incapability to execute on our fairness holdings and asset administration technique, together with our technique to put money into the chance capital of particular goal acquisition firms (SPACs); our potential to take care of and develop our income streams together with our digital cinema merchandise and set up companies; potential interruptions of provider relationships or greater costs charged by suppliers; our potential to efficiently compete and introduce enhancements and new options that obtain market acceptance and that hold tempo with technological developments; our potential to take care of our d fame and retain or change vital clients; the potential affect of a difficult world financial surroundings or a downturn within the markets; the consequences of financial, public well being, and political situations that affect enterprise and client confidence and spending, together with rising rates of interest, intervals of heightened inflation and market instability; potential lack of worth of fairness holdings; threat of turning into an funding firm; fluctuations in our short-term outcomes as we implement our enterprise methods; dangers of being unable to draw and retain certified administration and personnel to implement and execute on our enterprise and progress technique; failure of our data know-how programs, knowledge breaches and cyber-attacks; our potential to ascertain and preserve an efficient system of inner controls;; the necessities of being a public firm and shedding our standing as a smaller reporting firm or turning into an accelerated filer; any potential conflicts of curiosity or totally different pursuits between us and our stockholders; potential conflicts of curiosity between us and our administrators and government officers; dangers related to our associated celebration transactions and fairness holdings; and dangers related to our investments in SPACs, together with the failure of any such SPAC to finish its preliminary enterprise mixture. Our expectations and future plans and initiatives might not be realized. If one in every of these dangers or uncertainties materializes, or if our underlying assumptions show incorrect, precise outcomes could range materially from these anticipated, estimated or projected. You’re cautioned to not place undue reliance on forward-looking statements. The forward-looking statements are made solely as of the date hereof and don’t essentially replicate our outlook at another time limit. We don’t undertake and particularly decline any obligation to replace any such statements or to publicly announce the outcomes of any revisions to any such statements to replicate new data, future occasions or developments.
Investor Contact:
traders@fundamentalglobal.com
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