AMERICAN COASTAL INSURANCE Corp

American Coastal Insurance Corp, trading under the ticker FMGQ on the OTC markets, emerged from a business combination between blank-check company FMG Acquisition Corp and American Coastal Insurance Company, a Florida-based specialty property and casualty insurer focused on coastal residential and commercial property coverage. FMG Acquisition Corp completed its initial public offering in 2007, targeting the insurance sector with the goal of acquiring an operating business in that space. The company filed an 8-K with the Securities and Exchange Commission on August 20, 2008, reflecting developments in its corporate history following the de-SPAC transaction. American Coastal Insurance underwrites property risks concentrated along Florida's coastline. Sign up on SpacDesk for full data on FMGQ, including deal timelines, SEC filings, and comparable transactions.