FG Acquisition Corp. Announces Proposed Acquisition of Strong/MDI Screen Systems, Inc. and launch of Saltire Holdings, Ltd.

FG Acquisition Corp., a special purpose acquisition company, and Strong Global Entertainment, Inc. are pleased to announce the proposed acquisition of Strong/MDI Screen Systems, Inc. by FGAC, pursuant to an acquisition agreement dated May 3, 2024, between FGAC, Strong Global, MDI, FGAC Investors LLC and CG Investments VII Inc. The MDI Acquisition, together with the launch of FGAC’s new investment platform, will constitute FGAC’s qualifying acquisition.