FGAC /
MDI
FGAC to acquire Strong/MDI Screen Systems, Inc. from Strong Global Entertainment, Inc.
What happened
FGAC intends to acquire all of the outstanding shares in Strong/MDI Screen Systems, Inc., a subsidiary of Strong Global Entertainment, Inc. The acquisition agreement was entered into on May 3, 2024.
The transaction values Strong/MDI Screen Systems, Inc. at a pre-money valuation of $30 million. Closing is subject to shareholder approval and other conditions.
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FGAC to acquire Strong/MDI Screen Systems, Inc. from Strong Global Entertainment, Inc.
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