SPAC FG Merger extends deadline for iCoreConnect closing (ICCT) (FGMC)

SPAC FG Merger Corp. (NASDAQ:FGMC) has extended its deadline for completing a merger with workflow software company iCoreConnect (OTCQB:ICCT) from June 1 to Sept. 1.

FGMC and iCoreConnect announced the merger deal In January. The deal estimated the pro forma enterprise value of the company at $98M.

As part of the merger, iCoreConnect will also be uplisting its shares to Nasdaq. ICoreConnect shares currently trade OTC under the symbol ICCT.

Based in Florida, iCoreConnect is a provider of subscription-based workflow software for the dental and medical sectors.

More on iCoreConnect:

iCoreConnect GAAP EPS of -$0.04, revenue of $8M

iCoreConnect partners with Yankee Alliance to increase presence in medical space

Workflow software provider iCoreConnect to uplist to Nasdaq through SPAC merger