IPO - FG Merger III Corp.

Form Type: S-1

Filing Date: 2025-05-30

Corporate Action: Ipo

Type: New

Accession Number: 000110465925054401

Filing Summary: FG Merger III Corp., a blank check company, is filing a registration statement for an initial public offering (IPO) to offer 15,000,000 units at a price of $10.00 per unit. Each unit consists of one share of common stock and one-half of a redeemable warrant. The aim is to raise $150,000,000, with proceeds to be placed in a trust account for future business combinations. The company is focused on the financial services industry in North America for potential merger targets. The initial stockholders possess 4,312,500 founder shares, potentially diluting public shareholders upon completion of any business combination. The filing indicates a 45-day over-allotment option for underwriters and mentions potential conflicts of interest among management due to existing obligations to other entities. The company declares itself as an emerging growth company, which allows for reduced disclosure requirements during the IPO process. If the initial business combination does not occur within specified timeframes, the company will liquidate and return funds to public shareholders.