10:22 AM EDT, 09/26/2024 (MT Newswires) -- Fundamental Global ( FGF ) unit Strong Global Entertainment ( SGE ) said Thursday the sale of Strong/MDI Screen Systems from Strong Global to Saltire has been closed.

Strong Global received $29.5 million, comprising $0.8 million of cash, $9 million of Saltire preferred shares, and $19.7 million of Saltire common shares, Strong Global said.

Before the closing of the deal, Strong Global didn't own any securities of Saltire, the company said, adding it received about 1.97 million common shares and 900,000 series A preferred shares of Saltire.

Price: 0.98, Change: -0.02, Percent Change: -2.33