M&A - iCoreConnect Inc.

Form Type: 10-K

Filing Date: 2025-05-30

Corporate Action: Merger

Type: Update

Accession Number: 000147793225004247

Filing Summary: iCoreConnect Inc. has reported significant developments in its corporate structure, specifically highlighting its merger activity and operational strategies. The company engaged in a merger with a subsidiary, resulting in a restructuring of its operational base and a new branding under iCoreConnect Inc. This move in January 2023 was significant as it marked a shift from its previous identity as FG Merger Corp. The merger aims to enhance productivity and profitability through a cloud-based software platform designed for compliance with HIPAA regulations. In addition, iCoreConnect has made asset sales, including the divestment of its Managed IT Services assets in October 2024. The strategic decisions herald a new fiscal year marked by shifts in executive leadership and enhanced focus on software services.