FG New The us Acquisition Corp. Announces Distinctive Assembly Date to Approve Proposed Business Mix With Prospect Financial

CHICAGO, Jun 22, 2021–(Enterprise WIRE)–FG New The usa Acquisition Corp. (NYSE: FGNA) (“FGNA”), a specific objective acquisition corporation, these days announced that it has established a assembly date of July 16, 2021 for its exclusive conference (the “Specific Assembly”) to approve the earlier declared proposed company mixture (the “Company Combination”) with Opportunity Financial, LLC (“OppFi”), a major economic know-how system that powers banking companies to provide the every day client. Holders of file of FGNA typical inventory as of the close of business on June 21, 2021 (the “Record Date”) will be entitled to obtain discover and to vote at the Special Meeting.

“The full OppFi team is energized to arise from the process as a mentioned firm,” said Jared Kaplan, main government officer, OppFi. “We carry on to build out our digital economical products and services platform and provide on our mission of increasing credit history access and financial inclusion for thousands and thousands of disregarded folks.”

FGNA Chairman Joe Moglia stated, “The staff at FG New America and I are enthusiastic for OppFi to enter the general public markets as they achieve another milestone in the transaction procedure. We all are keen to full the proposed organization combination, allowing for OppFi to execute on its growth strategy whilst reworking the American money technique.”

The closing of the Business enterprise Combination is subject matter to approval by FGNA’s stockholders and the gratification of certain customary closing ailments. The Small business Mix is expected to near immediately right after the Exclusive Conference.

Owing to the COVID-19 pandemic, the Specific Assembly will be held pretty much, and FGNA stockholders can show up at the Exclusive Meeting applying the digital conference guidelines established forth on their proxy playing cards. If any FGNA stockholder does not receive a copy of the definitive proxy statement for the Organization Combination, that stockholder must contact their broker or contact Alliance Advisors, FGNA’s proxy solicitor, for assistance, toll-cost-free at (888) 991-1293 (banking institutions and brokers can call gather at (855) 200-8127). FGNA stockholders who have concerns or require aid in voting their shares are instructed to get in touch with Alliance Advisors at (855) 200-8127.

FGNA stockholders can register for the Specific Conference by going to the adhering to connection: https://www.cstproxy.com/fgnewamerica/2021/. Only FGNA stockholders with legitimate regulate figures from their proxy playing cards may perhaps submit issues. FGNA stockholders will have the prospect to post concerns equally in progress of the Specific Assembly and throughout the Special Conference, in just about every circumstance upon receipt of their proxy cards and the management figures set forth therein. All thoughts need to be submitted by way of the chat box on the digital assembly web site on the url stated higher than. Inquiries submitted in advance of the Specific Meeting and throughout the Exclusive Meeting will be resolved throughout the Distinctive Assembly as time permits and at the sole and complete discretion of FGNA. Issues will be resolved in the get gained. FGNA stockholders who want assistance submitting issues need to connect with Continental Inventory Transfer & Have confidence in Corporation, FGNA’s virtual assembly company, at (917) 262-2373.

About OppFi

OppFi is a primary economical engineering system that powers banking companies to offer you accessible products and a best-rated working experience to everyday shoppers. Via its unwavering motivation to shopper service, OppFi aids people who are turned absent by classic vendors develop a superior economical path. To date, OppFi has facilitated the issuance of more than 1.5 million loans. The company has been an Inc. 5000 business for five straight years, a Deloitte’s Technology Fast 500™, and the seventh fastest-increasing business in Chicagoland in 2021 as calculated by Crain’s Chicago Company centered on five-yr advancement price. The organization was also shown on the Forbes The us 2021 list of America’s Very best Startup Companies and the Crafted In’s 2021 Ideal Destinations to Function in Chicago. OppFi maintains an A+ score from the Superior Enterprise Bureau (BBB) and maintains a 4.8/5 star score with far more than 14,000 on the web client opinions, making it a single of the top rated shopper-rated economical platforms online. For additional information and facts, remember to visit oppfi.com.

About FGNA

FG New The us Acquisition Corp., (NYSE: FGNA), is a NYSE-mentioned blank verify business fashioned for the intent of effecting a merger, money inventory trade, asset acquisition, inventory acquire, reorganization or identical organization blend with a person or far more organizations. For extra info, make sure you check out www.fgnewamerica.com.

Forward-Wanting Statements

This facts incorporates “forward-hunting statements” inside the meaning of the “secure harbor” provisions of the Private Securities Litigation Reform Act of 1995. FGNA’s and OppFi’s true success may possibly differ from their anticipations, estimates and projections and therefore, you really should not count on these forward-wanting statements as predictions of upcoming functions. Words such as “assume,” “estimate,” “challenge,” “funds,” “forecast,” “foresee,” “intend,” “program,” “might,” “will,” “could,” “must,” “believes,” “predicts,” “opportunity,” “carry on,” and similar expressions are supposed to recognize this sort of forward-on the lookout statements. These forward-seeking statements include things like, without limitation, OppFi’s beliefs about the impression of the proposed business enterprise blend on its business. These forward-wanting statements involve important pitfalls and uncertainties that could cause the precise benefits to vary materially from the expected outcomes. Most of these aspects are exterior FGNA’s and OppFi’s management and are tricky to forecast. Variables that may perhaps result in this kind of dissimilarities involve, but are not constrained to: (1) the prevalence of any event, change or other conditions that could give increase to the termination of the definitive organization mix arrangement (the “Arrangement”) (2) the outcome of any legal proceedings that may perhaps be instituted in opposition to FGNA and OppFi pursuing the announcement of the Settlement and the transactions contemplated therein (3) the incapacity to total the proposed organization blend, which includes due to failure to get hold of approval of the stockholders of FGNA, particular regulatory approvals or satisfy other ailments to closing in the Agreement, like with respect to the stages of FGNA stockholder redemptions (4) the incidence of any event, change or other circumstance that could give rise to the termination of the Arrangement or could in any other case induce the transaction to are unsuccessful to near (5) the affect of COVID-19 on OppFi’s company and/or the capacity of the parties to finish the proposed small business combination (6) the incapability to receive or keep the listing of the combined firm’s shares of prevalent inventory on the New York Inventory Trade adhering to the proposed company mix (7) the chance that the proposed enterprise mixture disrupts current strategies and functions as a outcome of the announcement and consummation of the proposed small business blend (8) the potential to figure out the expected advantages of the proposed company blend, which could be impacted by, amongst other issues, levels of competition, the skill of OppFi to improve and manage expansion profitably and keep its key workforce (9) charges associated to the proposed organization mix (10) improvements in applicable laws or regulations (11) the risk that OppFi or FGNA may be adversely affected by other economic, enterprise, and/or competitive variables (12) no matter whether OppFi will be profitable in launching OppFi Card, including whether there will be consumer or market acceptance of OppFi Card and (13) other threats and uncertainties indicated from time to time in FGNA’s proxy statement relating to the proposed business mix, together with those beneath “Hazard Variables” therein, and in FGNA’s other filings with the SEC. FGNA and OppFi caution that the foregoing record of elements is not distinctive. FGNA and OppFi caution readers not to put undue reliance upon any forward-seeking statements, which speak only as of the day designed. FGNA and OppFi do not undertake or acknowledge any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any transform in its anticipations or any transform in functions, situations or situations on which any these assertion is dependent.

Essential Details and Wherever to Come across It

In connection with the proposed company mixture, FGNA filed a definitive proxy assertion with the SEC. FGNA’s stockholders and other fascinated people are recommended to read the definitive proxy statement and documents incorporated by reference therein filed in connection with the proposed enterprise mixture, as these materials incorporate essential information about OppFi, FGNA and the proposed enterprise mixture. The definitive proxy statement and other applicable elements for the proposed small business mix will be mailed to stockholders of FGNA as of the Document Day. Stockholders will also be in a position to get copies of the definitive proxy assertion and other paperwork submitted with the SEC that will be incorporated by reference therein, without having charge, as soon as obtainable, at the SEC’s web-site at www.sec.gov, or by directing a request to: FG New The us Acquisition Corp., Interest: Hassan Baqar, Main Financial Officer, 105 S. Maple Avenue, Itasca, Illinois 60143.

Participants in the Solicitation

FGNA and its directors and government officers may possibly be deemed contributors in the solicitation of proxies from FGNA’s stockholders with regard to the small business combination. A list of the names of those administrators and executive officers and a description of their interests in FGNA was filed in the definitive proxy assertion for the proposed small business blend and is readily available at www.sec.gov.

OppFi and its directors and government officers may perhaps also be considered to be participants in the solicitation of proxies from the stockholders of FGNA in link with the company mix. A checklist of the names of this sort of directors and govt officers and info concerning their pursuits in the proposed small business mix was integrated in the definitive proxy assertion for the proposed small business combination.


This push release shall not constitute a solicitation of a proxy, consent or authorization with regard to any securities or in regard of the proposed organization blend. This press release shall also not constitute an provide to market or the solicitation of an supply to get any securities, nor shall there be any sale of securities in any states or jurisdictions in which these offer, solicitation or sale would be illegal prior to registration or qualification below the securities legal guidelines of any these kinds of jurisdiction. No offering of securities shall be made besides by indicates of a prospectus conference the specifications of Area 10 of the Securities Act of 1933, as amended.

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