FMG ACQUISITION CORP
Completed 2008-09-30- CIK 1401521
- FMGQ
- Now ACIC
- IPO 2007-10-05
- $37.5M trust
- 1,261 filings
Successfully merged with United Insurance Holdings, L.C. • Now trading as ACIC
- IPO Size
- $37.8M
- raised at the IPO
- Trust Amount
- $37.5M
- held for shareholders
- Current Status
- Completed
- from its latest filing
- IPO Year
- 2007
- year it listed
Filings, by quarter
1,261 filings over 79 quarters; violet bars carry a milestone
- 07 Q2: 1 filing
- 07 Q3: 10 filings
- 07 Q4: 21 filings
- 08 Q1: 8 filings
- 08 Q2: 8 filings
- 08 Q3: 22 filings
- 08 Q4: 36 filings
- 09 Q1: 10 filings
- 09 Q2: 15 filings
- 09 Q3: 3 filings
- 09 Q4: 4 filings
- 10 Q1: 3 filings
- 10 Q2: 7 filings
- 10 Q3: 2 filings
- 10 Q4: 6 filings
- 11 Q1: 8 filings
- 11 Q2: 8 filings
- 11 Q3: 14 filings
- 11 Q4: 7 filings
- 12 Q1: 4 filings
- 12 Q2: 11 filings
- 12 Q3: 30 filings
- 12 Q4: 38 filings
- 13 Q1: 11 filings
- 13 Q2: 9 filings
- 13 Q3: 20 filings
- 13 Q4: 8 filings
- 14 Q1: 26 filings
- 14 Q2: 14 filings
- 14 Q3: 26 filings
- 14 Q4: 5 filings
- 15 Q1: 25 filings
- 15 Q2: 22 filings
- 15 Q3: 17 filings
- 15 Q4: 4 filings
- 16 Q1: 18 filings
- 16 Q2: 14 filings
- 16 Q3: 12 filings
- 16 Q4: 13 filings
- 17 Q1: 42 filings
- 17 Q2: 24 filings
- 17 Q3: 4 filings
- 17 Q4: 17 filings
- 18 Q1: 20 filings
- 18 Q2: 17 filings
- 18 Q3: 3 filings
- 18 Q4: 9 filings
- 19 Q1: 43 filings
- 19 Q2: 23 filings
- 19 Q3: 25 filings
- 19 Q4: 13 filings
- 20 Q1: 23 filings
- 20 Q2: 44 filings
- 20 Q3: 15 filings
- 20 Q4: 19 filings
- 21 Q1: 14 filings
- 21 Q2: 46 filings
- 21 Q3: 28 filings
- 21 Q4: 15 filings
- 22 Q1: 8 filings
- 22 Q2: 37 filings
- 22 Q3: 5 filings
- 22 Q4: 21 filings
- 23 Q1: 6 filings
- 23 Q2: 28 filings
- 23 Q3: 13 filings
- 23 Q4: 4 filings
- 24 Q1: 10 filings
- 24 Q2: 29 filings
- 24 Q3: 6 filings
- 24 Q4: 5 filings
- 25 Q1: 16 filings
- 25 Q2: 42 filings
- 25 Q3: 4 filings
- 25 Q4: 4 filings
- 26 Q1: 16 filings
- 26 Q2: 35 filings
- 26 Q3: 7 filings
- 26 Q4: 1 filing
- S-1 filed 07 Q2
- IPO 07 Q4
- Definitive agreement 08 Q2
- Completed 08 Q3
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
About
FMG Acquisition Corp. is a blank-check company formed to acquire one or more operating businesses. It intends to focus on a company operating in or providing services to the insurance industry.
Investment Focus
Insurance
Key Information
As the filings state it
- IPO Date
- 2007-10-05
- Total Redemptions
- $10M
- PIPE
- $17M
- Jurisdiction of Incorporation
- Delaware
- SIC
- 6770
- Completion Date
- 2008-09-30
- Merger Target
- United Insurance Holdings, L.C.
- SPAC Ticker
- FMGQ
- Merged Ticker
- ACIC
Stock Performance
ACICTrading symbol, and its price at each step since the first trade
| Point | Date | Price | Move |
|---|---|---|---|
| First Trade | 2007-11-07 | $7.25 | |
| At Merger | 2008-10-01 | $4.60 | -37% |
| 6 Months Post-Merger | 2009-04-02 | $4.75 | +3% |
| 1 Year Post-Merger | 2009-10-01 | $4.30 | -7% |
| 2 Years Post-Merger | 2010-10-01 | $2.05 | -55% |
| Current Price | 2026-10-16 | $11.10 | +53% |
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
The executive officers and directors have extensive insurance-industry experience as managers, principals, advisors, or directors, as well as experience in transactions, acquisitions, due diligence, and insurance operations.