FGMC
FGMC 1-star rating from Upturn Advisory

FG Merger II Corp. Common stock (FGMC)

FG Merger II Corp. Common stock (FGMC) 1-star rating from Upturn Advisory
$10.04
Last Close (24-hour delay)
Profit since last BUY3.51%
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BUY since 155 days
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Upturn Advisory Summary

12/18/2025: FGMC (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit 3.51%
Avg. Invested days 155
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 5.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 12/18/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 98.53M USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) -
Beta -
52 Weeks Range 9.53 - 9.89
Updated Date 06/14/2025
52 Weeks Range 9.53 - 9.89
Updated Date 06/14/2025
Dividends yield (FY) -
Basic EPS (TTM) -

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -9.51%
Return on Equity (TTM) -251.14%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 98609521
Price to Sales(TTM) -
Enterprise Value 98609521
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -
Shares Outstanding 10295800
Shares Floating -
Shares Outstanding 10295800
Shares Floating -
Percent Insiders 15.73
Percent Institutions 7.67

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

FG Merger II Corp. Common stock

FG Merger II Corp. Common stock(FGMC) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

FG Merger II Corp. is a special purpose acquisition company (SPAC) incorporated in Delaware on November 25, 2020. As a SPAC, its primary purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It raised $200 million in its IPO on May 20, 2021, and its sole business is to identify and complete an initial business combination. The company has not yet completed an initial business combination.

Company business area logo Core Business Areas

  • SPAC Operations: FG Merger II Corp.'s core business is to raise capital through an initial public offering and then use that capital to acquire or merge with an existing private company. The goal is to take the target company public, providing it with access to capital and public market listing. FG Merger II Corp. itself does not have operational products or services beyond its function as a SPAC.

leadership logo Leadership and Structure

FG Merger II Corp. is led by its management team, which typically includes experienced professionals in finance, investment banking, and corporate management. Specific details on the current leadership team can be found in its SEC filings. The organizational structure is that of a shell company designed to facilitate a business combination.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Product Name 1: SPAC IPO and Business Combination Services. FG Merger II Corp. offers a vehicle for private companies to go public. It does not have traditional products or services with market share data. Its success is contingent on identifying and successfully merging with a suitable target company. Competitors in the SPAC market include all other active SPACs and traditional IPO avenues.

Market Dynamics

industry overview logo Industry Overview

The SPAC market is highly dynamic and influenced by broader economic conditions, investor sentiment, and regulatory scrutiny. It provides an alternative route to public markets for private companies, often perceived as faster or more flexible than traditional IPOs. However, it also faces challenges related to shareholder dilution and regulatory oversight.

Positioning

As a SPAC, FG Merger II Corp. is positioned as an enabler for private companies seeking to go public. Its success hinges on its ability to identify a valuable target company and execute a favorable business combination. Its competitive advantage lies in its management team's expertise in deal sourcing and execution within the SPAC framework.

Total Addressable Market (TAM)

The TAM for SPACs is essentially the universe of private companies seeking to go public. This is a vast and continuously evolving market. FG Merger II Corp. is positioned to target a segment of this market, aiming to partner with a private company that aligns with its investment thesis and offers significant growth potential.

Upturn SWOT Analysis

Strengths

  • Experienced management team with potential for deal sourcing and execution.
  • Access to capital raised through its IPO.
  • Flexibility in structuring business combinations.
  • Potential to offer a faster path to public markets for target companies.

Weaknesses

  • Lack of operational history or established business operations.
  • Dependence on identifying a suitable and attractive target company.
  • Risk of the SPAC dissolving if a business combination is not completed within the mandated timeframe.
  • Potential for shareholder dissatisfaction if the business combination is not perceived as value-enhancing.

Opportunities

  • Growing number of private companies seeking alternative routes to public markets.
  • Potential to partner with companies in emerging or high-growth sectors.
  • Favorable market conditions for certain industries.
  • Ability to negotiate attractive terms for the business combination.

Threats

  • Increased regulatory scrutiny and potential changes in SPAC regulations.
  • Market volatility and investor sentiment impacting the success of business combinations.
  • Competition from other SPACs and traditional IPOs.
  • Difficulty in finding a suitable target company at a reasonable valuation.
  • Risk of redemptions by public shareholders, reducing the capital available for the business combination.

Competitors and Market Share

Key competitor logo Key Competitors

  • All other active SPACs seeking business combinations.
  • Companies pursuing traditional IPOs.
  • Investment banks and financial institutions facilitating M&A and IPOs.

Competitive Landscape

The competitive landscape for SPACs is robust, with numerous entities vying to identify and secure attractive target companies. FG Merger II Corp.'s success depends on its management's ability to differentiate itself through deal expertise, network, and strategic vision.

Growth Trajectory and Initiatives

Historical Growth: FG Merger II Corp.'s 'historical growth' is defined by its successful IPO and the capital it raised. Beyond that, significant operational growth will only be evident after a successful business combination.

Future Projections: Future projections for FG Merger II Corp. are entirely contingent on the identification of a target company and the success of the subsequent business combination. Projections would then be based on the growth prospects of that acquired business.

Recent Initiatives: The primary recent initiative for FG Merger II Corp. would be the ongoing effort to identify and negotiate a business combination with a suitable target company.

Summary

FG Merger II Corp. is a special purpose acquisition company (SPAC) focused on identifying and merging with a private company. It has raised capital but has not yet completed its primary business objective. Its strengths lie in its management's potential deal-making capabilities and access to capital, while its weaknesses include the inherent risks of finding a suitable target and market volatility. The company's future success is entirely dependent on the outcome of its business combination efforts.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • SEC Filings (e.g., 10-K, 10-Q, S-1)
  • Financial news and data providers (e.g., Bloomberg, Refinitiv, Yahoo Finance)

Disclaimers:

This information is for informational purposes only and does not constitute financial advice or a recommendation to buy or sell any securities. Past performance is not indicative of future results. Investors should conduct their own due diligence and consult with a qualified financial advisor before making any investment decisions.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About FG Merger II Corp. Common stock

Exchange NASDAQ
Headquaters Itasca, IL, United States
IPO Launch date 2025-02-11
CEO -
Sector Financial Services
Industry Shell Companies
Full time employees -
Website
Full time employees -
Website

FG Merger II Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. FG Merger II Corp. was incorporated in 2023 and is based in Itasca, Illinois.