AMERICAN COASTAL INSURANCE Corp

American Coastal Insurance Corp, trading under the ticker FMGQ, was a blank check company formed during the 2007 SPAC boom with a strategic focus on the specialty insurance sector, specifically targeting coastal property and casualty insurance markets. The company filed an amended registration statement (Form S-1/A) with the SEC on September 27, 2007, as part of its IPO process. Organized to pursue an acquisition or merger within the insurance industry, the vehicle reflected investor interest in coastal coverage businesses at a time of heightened awareness following active Atlantic hurricane seasons. The Q suffix on its OTC ticker indicates the company was subsequently delisted. For comprehensive filing history, deal timelines, and sponsor data on FMGQ and hundreds of other SPACs, sign up for full access at SpacDesk.