FG Merger II Corp. (FGMC)
Itasca, IL, US
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.
| Target company | Ticker | Date | Filing |
|---|---|---|---|
| iCoreConnect Inc. | ICCT | 2023-02-01 | View |
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +0.05% | +0.39% | +1.87% | +2.58% | +3.20% | +2.89% | +5.95% | -1.62% | +3.71% | +3.71% | +3.71% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
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Revenue growth Shell Companies: +20.6%-100.0%
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EPS growth Shell Companies: -12.3%+9,683.3% ★ Q1'26: -203.9% (vs Q1'25)
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FCF margin FCF growth · Shell Companies: +8.7%—
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EBIT margin Shell Companies: +0.0%—
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ROIC Shell Companies: +0.0%-0.8% Q1'26: +0.0% (vs Q1'25)
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Share dilution Shell Companies: -10.2%-25.9% ★ Q1'26: +7.5% (vs Q1'25)
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Debt / EBITDA Net debt/EBITDA · Shell Companies: 0.00×0.00× Q1'26: 0.00× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-15 | C | 2/5 | 3/5 | 1/5 | 4/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-14 | C | 2/5 | 3/5 | 1/5 | 4/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-13 | B- | 2/5 | 2/5 | 5/5 | 4/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-12 | B- | 2/5 | 2/5 | 5/5 | 4/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-11 | B- | 2/5 | 2/5 | 5/5 | 4/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-08 | B- | 2/5 | 2/5 | 5/5 | 4/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-07 | B- | 2/5 | 2/5 | 5/5 | 4/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-06 | B- | 2/5 | 2/5 | 5/5 | 4/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-05 | B- | 3/5 | 2/5 | 5/5 | 5/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-04 | B- | 3/5 | 2/5 | 5/5 | 5/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-01 | B- | 3/5 | 2/5 | 5/5 | 5/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-30 | B- | 3/5 | 2/5 | 5/5 | 5/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-29 | B- | 3/5 | 2/5 | 5/5 | 5/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-28 | B- | 3/5 | 2/5 | 5/5 | 5/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-27 | B- | 3/5 | 2/5 | 5/5 | 5/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-24 | B | 3/5 | 3/5 | 5/5 | 5/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-23 | B | 3/5 | 3/5 | 5/5 | 5/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-22 | B | 3/5 | 3/5 | 5/5 | 5/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-21 | B | 3/5 | 3/5 | 5/5 | 5/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-20 | B | 3/5 | 3/5 | 5/5 | 5/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-17 | B | 3/5 | 3/5 | 5/5 | 5/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-16 | B | 3/5 | 3/5 | 5/5 | 5/5 | 1/5 | 1/5 | 1/5 |
Owner Earnings
Ownership Overview
| # | Reporting person | Amount owned | % of class | Sole voting | Shared voting | Sole dispositive | Shared dispositive | Type | Citizenship | Filing date | SEC filing |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Global Inc., | 3.62M | 17.40% | 3.62M | — | 3.62M | — | CO | Nevada | 2024-10-21 | ↗ |
| 2 | D. Kyle Cerminara | 2.02M | 19.90% | 15.0K | 2.01M | 15.0K | — | IN | United States | 2023-02-14 | ↗ |
| 3 | Hassan R. Baqar | 2.02M | 19.90% | 10.0K | 2.01M | 10.0K | — | IN | United States | 2023-02-14 | ↗ |
| 4 | Larry G. Swets, Jr. | 2.02M | 19.90% | 10.0K | 2.01M | 10.0K | — | IN | United States | 2023-02-14 | ↗ |
| 5 | FG Merger Investors LLC | 2.01M | 19.80% | — | 2.01M | — | — | OO | State of Delaware | 2023-02-14 | ↗ |
| 6 | Periscope Capital Inc. | 805.7K | 8.30% | — | 805.7K | — | 805.7K | FI | — | 2024-02-09 | ↗ |
| 7 | CVI Investments, Inc. | 600.0K | 6.80% | — | — | — | 600.0K | CO | Cayman Islands | 2022-03-07 | ↗ |
| 8 | Heights Capital Management, Inc. | 600.0K | 6.80% | — | — | — | 600.0K | CO | Cayman Islands | 2022-03-07 | ↗ |
| 9 | Hudson Bay Capital Management LP | 600.0K | 5.91% | — | 600.0K | — | — | PN | State of Delaware | 2023-02-08 | ↗ |
| 10 | Sander Gerber | 600.0K | 5.91% | — | 600.0K | — | — | IN | State of Delaware | 2023-02-08 | ↗ |
| 11 | Space Summit Capital LLC | 570.4K | 7.09% | 570.4K | — | 570.4K | — | IA | Delaware | 2022-03-07 | ↗ |
| 12 | Christopher Hinkel | 550.0K | 7.86% | — | 550.0K | — | — | HC, IN | United States of America | 2022-02-25 | ↗ |
| 13 | RGC Management Company, LLC | 550.0K | 7.86% | — | 550.0K | — | — | HC, OO | Delaware | 2022-02-25 | ↗ |
| 14 | Radcliffe Capital Management, L.P. | 550.0K | 7.86% | — | 550.0K | — | — | IA, PN | Delaware | 2022-02-25 | ↗ |
| 15 | Radcliffe SPAC GP, LLC | 550.0K | 7.86% | — | 550.0K | — | — | HC, OO | Delaware | 2022-02-25 | ↗ |
| 16 | Radcliffe SPAC Master Fund, L.P. | 550.0K | 7.86% | — | 550.0K | — | — | PN, OO | Cayman Islands | 2022-02-25 | ↗ |
| 17 | Steven B. Katznelson | 550.0K | 7.86% | — | 550.0K | — | — | HC, IN | Canada, United States of America and the United Kingdom | 2022-02-25 | ↗ |
| 18 | LP | 550.0K | 6.20% | — | 550.0K | — | 550.0K | IA, PN | Bermuda | 2022-03-09 | ↗ |
| 19 | WONG | 550.0K | 6.20% | — | 550.0K | — | 550.0K | HC, IN | Bermuda | 2022-03-09 | ↗ |
| 20 | LINDEN CAPITAL L.P. | 512.8K | 5.80% | — | 512.8K | — | 512.8K | PN | Bermuda | 2022-03-09 | ↗ |
| 21 | LLC | 512.8K | 5.80% | — | 512.8K | — | 512.8K | HC | Bermuda | 2022-03-09 | ↗ |
Institutional Activity (13F)
| # | Investor | Shares / Δ | Mkt value / Δ | Own% / Δ | Weight% / Δ | Avg px / Perf. | Hold / Status |
|---|---|---|---|---|---|---|---|
| 1 | HEIGHTS CAPITAL MANAGEMENT, INC | 790.0K +— (+0.0%) | 7.93M +39.5K (+0.5%) | 9.88% +2.202 pp | 2.84% +0.681 pp | USD9.88 +1.6% | 3 qtrs — |
| 2 | AQR ARBITRAGE LLC | 784.0K +— (+0.0%) | 7.87M +39.2K (+0.5%) | 9.80% +2.185 pp | 0.17% -0.034 pp | USD9.65 +4.0% | 4 qtrs — |
| 3 | RIVERNORTH CAPITAL MANAGEMENT, LLC | 643.0K +143.0K (+28.6%) | 6.46M +1.5M (+29.2%) | 8.04% +3.181 pp | 0.31% +0.020 pp | USD10.00 +0.4% | 2 qtrs — |
| 4 | HIGHBRIDGE CAPITAL MANAGEMENT LLC | 559.9K +305.3K (+119.9%) | 5.62M +3.1M (+121.0%) | 7.00% +4.526 pp | 0.18% +0.068 pp | USD10.00 +0.4% | 3 qtrs — |
| 5 | MANGROVE PARTNERS | 392.0K +— (+0.0%) | 3.94M +19.1K (+0.5%) | 4.90% +1.093 pp | 0.32% +0.031 pp | USD9.65 +4.0% | 4 qtrs — |
| 6 | CABLE CAR CAPITAL LLC | 392.0K +— (+0.0%) | 3.94M +19.1K (+0.5%) | 4.90% +1.093 pp | 0.13% -1.548 pp | USD9.65 +4.0% | 4 qtrs — |
| 7 | CSS LLC/IL | 352.1K +— (+0.0%) | 3.54M +17.1K (+0.5%) | 4.40% +0.982 pp | 0.16% -0.001 pp | USD9.99 +0.5% | 2 qtrs — |
| 8 | WESTCHESTER CAPITAL MANAGEMENT, LLC | 349.2K -69.1K (-16.5%) | 3.51M -672.8K (-16.1%) | 4.36% +0.302 pp | 0.15% -0.044 pp | USD9.72 +3.3% | 4 qtrs — |
| 9 | BERKLEY W R CORP | 316.0K +— (+0.0%) | 3.17M +15.4K (+0.5%) | 3.95% +0.881 pp | 0.15% -0.033 pp | USD9.99 +0.5% | 2 qtrs — |
| 10 | TWO SIGMA INVESTMENTS, LP | 290.0K +— (+0.0%) | 2.91M +14.1K (+0.5%) | 3.63% +0.808 pp | 0.00% 0.000 pp | USD9.88 +1.6% | 3 qtrs — |
| 11 | SCHONFELD STRATEGIC ADVISORS LLC | 254.1K +41.7K (+19.6%) | 2.55M +428.8K (+20.2%) | 3.18% +1.113 pp | 0.01% -0.001 pp | USD9.78 +2.7% | 4 qtrs — |
| 12 | D. E. SHAW & CO., INC. | 250.0K +— (+0.0%) | 2.51M +12.5K (+0.5%) | 3.13% +0.697 pp | 0.00% +0.000 pp | USD9.65 +4.0% | 4 qtrs — |
| 13 | PERISCOPE CAPITAL INC. | 231.0K -52.1K (-18.4%) | 2.32M -509.3K (-18.0%) | 2.89% +0.138 pp | 0.27% -0.185 pp | USD9.71 +3.4% | 4 qtrs — |
| 14 | TORONTO DOMINION BANK | 190.1K +25.9K (+15.8%) | 1.91M +267.8K (+16.3%) | 2.38% +0.781 pp | 0.00% +0.000 pp | USD9.70 +3.5% | 4 qtrs — |
| 15 | QUARRY LP | 177.6K +— (+0.0%) | 1.78M +8.6K (+0.5%) | 2.22% +0.495 pp | 0.28% -0.110 pp | USD9.94 +1.0% | 3 qtrs — |
| 16 | GLAZER CAPITAL, LLC | 125.1K -250.0 (-0.2%) | 1.26M +3.0K (+0.2%) | 1.56% +0.346 pp | 0.03% -0.009 pp | USD9.88 +1.6% | 3 qtrs — |
| 17 | ARISTEIA CAPITAL LLC | 120.0K +— (+0.0%) | 1.20M +5.8K (+0.5%) | 1.50% +0.335 pp | 0.03% -0.002 pp | USD9.88 +1.6% | 3 qtrs — |
| 18 | DLD ASSET MANAGEMENT, LP | 110.7K +10.7K (+10.7%) | 1.11M +112.5K (+11.3%) | 1.38% +0.413 pp | 0.08% +0.030 pp | USD9.90 +1.4% | 3 qtrs — |
| 19 | CENTIVA CAPITAL, LP | 90.1K +— (+0.0%) | 904.7K +4.5K (+0.5%) | 1.13% +0.251 pp | 0.01% -0.001 pp | USD9.88 +1.6% | 3 qtrs — |
| 20 | SKYVIEW INVESTMENT ADVISORS, LLC | 79.9K +— (+0.0%) | 802.0K +4.0K (+0.5%) | 1.00% +0.223 pp | 0.10% +0.000 pp | USD9.88 +1.6% | 3 qtrs — |
| 21 | CROSSINGBRIDGE ADVISORS, LLC | 60.9K +36.4K (+148.8%) | 609.7K +365.2K (+149.3%) | 0.76% +0.524 pp | 0.17% +0.046 pp | USD9.98 +0.6% | 3 qtrs — |
| 22 | WOLVERINE ASSET MANAGEMENT LLC | 53.5K -6.0K (-10.0%) | 537.2K -57.0K (-9.6%) | 0.67% +0.091 pp | 0.00% 0.000 pp | USD9.94 +1.0% | 3 qtrs — |
| 23 | CLEAR STREET GROUP INC. | 50.0K -504.4K (-91.0%) | 502.0K -5.0M (-90.9%) | 0.63% -4.760 pp | 0.00% -0.017 pp | USD9.99 +0.5% | 2 qtrs — |
| 24 | RIVERPARK ADVISORS, LLC | 34.7K +34.7K (+100.0%) | 347.9K +347.9K (+100.0%) | 0.43% +0.433 pp | 0.10% +0.100 pp | USD10.04 +0.0% | 1 qtrs NEW |
| 25 | FLOW TRADERS U.S. LLC | 30.8K +30.8K (+100.0%) | 309.0K +309.0K (+100.0%) | 0.39% +0.385 pp | 0.01% +0.010 pp | USD10.04 +0.0% | 3 qtrs — |
| 26 | VIRTU FINANCIAL LLC | 21.3K -31.3K (-59.6%) | 214.0K -312.0K (-59.3%) | 0.27% -0.245 pp | 0.01% -0.021 pp | USD9.65 +4.0% | 4 qtrs — |
| 27 | WARBERG ASSET MANAGEMENT LLC | 15.0K +— (+0.0%) | 150.6K +729.0 (+0.5%) | 0.19% +0.042 pp | 0.02% -0.006 pp | USD9.65 +4.0% | 4 qtrs — |
| 28 | MORGAN STANLEY | 799.00 +753.0 (+1,637.0%) | 8.0K +7.6K (+1,643.9%) | 0.01% +0.010 pp | 0.00% +0.000 pp | USD10.03 +0.1% | 4 qtrs — |
| 29 | ROYAL BANK OF CANADA | 388.00 +388.0 (+100.0%) | 4.0K +4.0K (+100.0%) | 0.00% +0.005 pp | 0.00% +0.000 pp | USD10.04 +0.0% | 1 qtrs NEW |
| 30 | GLOBAL WEALTH STRATEGIES & ASSOCIATES | 31.00 +31.0 (+100.0%) | 311.00 +311.0 (+100.0%) | 0.00% +0.000 pp | 0.00% +0.000 pp | USD10.03 +0.1% | 1 qtrs NEW |
| 31 | FORTITUDE FAMILY OFFICE, LLC | 18.00 +18.0 (+100.0%) | 181.00 +181.0 (+100.0%) | 0.00% +0.000 pp | 0.00% +0.000 pp | USD10.00 +0.4% | 1 qtrs NEW |
| 32 | ADVISOR GROUP HOLDINGS, INC. | — -1.8K (-100.0%) | — -18.0K (-100.0%) | 0.00% -0.018 pp | 0.00% +0.000 pp | USD— | 2 qtrs SOLD |
| 33 | RANGELEY CAPITAL, LLC | — -13.5K (-100.0%) | — -135.2K (-100.0%) | 0.00% -0.131 pp | 0.00% -0.117 pp | USD— | 2 qtrs SOLD |
| 34 | GOVERNORS LANE LP | — -16.1K (-100.0%) | — -161.3K (-100.0%) | 0.00% -0.157 pp | 0.00% -0.012 pp | USD— | 3 qtrs SOLD |
| 35 | UBS GROUP AG | — -176.0 (-100.0%) | — -1.8K (-100.0%) | 0.00% -0.002 pp | 0.00% +0.000 pp | USD— | 4 qtrs SOLD |
| 36 | POLAR ASSET MANAGEMENT PARTNERS INC. | — -67.8K (-100.0%) | — -677.6K (-100.0%) | 0.00% -0.659 pp | 0.00% -0.008 pp | USD— | 3 qtrs SOLD |
ETF Ownership
This company is not held by any ETF in our universe.
Insider Activity
| Date | Person | Role | Transaction | A/D | Security | Shares | Price | Value | Owned after | D/I | Filing |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-09-24 | Travis Harry Joseph | Director | — | D | Warrants (right to buy) | 750 | 11.50 | 8.6K | 0 | — | ↗ |
| 2023-09-24 | Pasqual John | Director | — | I | Warrants (right to buy) | 1,875 | 11.50 | 21.6K | 0 | — | ↗ |
| 2023-09-24 | McDermott Robert P | Director / Officer / 10% Owner | — | D | Warrants (right to buy) | 3,750 | 11.50 | 43.1K | 0 | — | ↗ |
| 2023-09-24 | Gitto Joseph | Director | — | D | Warrants (right to buy) | 750 | 11.50 | 8.6K | 0 | — | ↗ |
| 2023-09-14 | Shah Archit | Officer | A-Award | A | Common Stock | 176 | 5.64 | 992.64 | 33,830 | — | ↗ |
| 2023-09-14 | McDermott Robert P | Director / Officer / 10% Owner | P-Purchase | A | Series A Preferred Stock | 4,673 | 0.00 | — | 4,673 | — | ↗ |
| 2023-09-14 | Fidanza David A. | Officer | P-Purchase | A | Series A Preferred Stock | 19,000 | 0.00 | — | 19,000 | — | ↗ |
| 2023-08-25 | Travis Harry Joseph | Director | — | D | Common Stock | 0 | 0.00 | — | 15,081 | — | ↗ |
| 2023-08-25 | Shah Archit | Officer | — | D | Common Stock | 0 | 0.00 | — | 33,654 | — | ↗ |
| 2023-08-25 | Pasqual John | Director | — | I | Common Stock | 0 | 0.00 | — | 56,904 | — | ↗ |
| 2023-08-25 | McDermott Robert P | Director / Officer / 10% Owner | — | D | Series A Preferred Stock | 5,000 | 0.00 | — | 0 | — | ↗ |
| 2023-08-25 | Gitto Joseph | Director | — | D | Common Stock | 0 | 0.00 | — | 3,281 | — | ↗ |
| 2023-08-25 | Fidanza David A. | Officer | — | D | Common Stock | 0 | 0.00 | — | 79,035 | — | ↗ |
| 2023-08-25 | Chakravarthi Muralidar | Officer | — | D | Common Stock | 0 | 0.00 | — | 64,693 | — | ↗ |
| 2023-02-18 | Penway Mark | Officer | — | — | — | 0 | 0.00 | — | 0 | — | ↗ |
| 2022-03-01 | SWETS LARRY G JR | Director | P-Purchase | A | Common Stock | 55,000 | 10.00 | 550.0K | 55,000 | — | ↗ |
| 2022-03-01 | Cerminara Kyle | Director | P-Purchase | A | Common Stock | 55,000 | 10.00 | 550.0K | 55,000 | — | ↗ |
| 2022-03-01 | BAQAR HASSAN | Director / 10% Owner | P-Purchase | A | Common Stock | 55,000 | 10.00 | 550.0K | 55,000 | — | ↗ |
| 2022-02-25 | Turner Ryan | Director | — | D | Common stock | 0 | 0.00 | — | 7,500 | — | ↗ |
| 2022-02-25 | Torres Emily | Officer | — | — | — | 0 | 0.00 | — | 0 | — | ↗ |
| 2022-02-25 | Sutton Jeff L | Director | — | D | Common stock | 0 | 0.00 | — | 7,500 | — | ↗ |
| 2022-02-25 | Schrader Marvin Wesley | Director / Officer | — | D | Common stock | 0 | 0.00 | — | 10,000 | — | ↗ |
| 2022-02-25 | SWETS LARRY G JR | Director / 10% Owner | — | D | Common stock | 0 | 0.00 | — | 10,000 | — | ↗ |
| 2022-02-25 | FG Merger Investors LLC | 10% Owner | — | D | Common stock | 0 | 0.00 | — | 1,952,500 | — | ↗ |
| 2022-02-25 | Cerminara Kyle | 10% Owner | — | I | Common stock | 0 | 0.00 | — | 1,952,500 | — | ↗ |
| 2022-02-25 | BAQAR HASSAN | Director / 10% Owner | — | I | Common stock | 0 | 0.00 | — | 1,952,500 | — | ↗ |
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
| Filing date | Form type | Filing |
|---|---|---|
| 2026-05-14 | DEFA14A | ↗ |
Recent SEC filings
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Hassan Raza Baqar | Chief Financial Officer | — | male |
| Larry Gene Swets Jr. | Chief Executive Officer | — | male |
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for FGMC
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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