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Founder Group Secures $10 Million Securities Purchase Agreement

Story Highlights
  • Founder Group Limited entered a $10 million securities purchase agreement.
  • The agreement includes an initial pre-paid purchase of $1,357,500 and issuance of 1,850,000 shares.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Founder Group Secures $10 Million Securities Purchase Agreement

Founder Group Ltd. ( (FGL) ) has shared an update.

On March 13, 2025, Founder Group Limited entered into a securities purchase agreement with Streeterville Capital, LLC, involving a total purchase amount of up to $10 million. This agreement includes the issuance of 1,850,000 ordinary shares as a commitment fee and an initial pre-paid purchase of $1,357,500. The transaction is expected to enhance the company’s financial flexibility and market positioning.

More about Founder Group Ltd.

Founder Group Limited is a business company incorporated in the British Virgin Islands, operating in the financial sector. The company is involved in issuing and selling securities, focusing on pre-paid purchases of ordinary shares.

YTD Price Performance: -14.86%

Average Trading Volume: 313,032

Technical Sentiment Consensus Rating: Strong Buy

See more data about FGL stock on TipRanks’ Stock Analysis page.

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