Strong Global Entertainment, Inc. (SGE)

Strong Global Entertainment, Inc. supplied equipment and services to movie theaters and other entertainment venues. Its main operating unit, Strong/MDI Screen Systems, made premium projection screens and coatings at a plant in Quebec, Canada, and sold them to major cinema chains. Strong Technical Services provided installation, maintenance and remote monitoring for theater projection and sound systems. A smaller unit, Strong Studios, developed film and television content.

The business had long been part of Ballantyne of Omaha, later renamed FG Group Holdings, which had made theater projection equipment for decades. In May 2023 FG Group spun out the entertainment operations through an initial public offering of Strong Global's Class A shares on NYSE American under the symbol SGE, while keeping a large controlling stake.

In February 2024 FG Group Holdings merged with FG Financial Group, which then took the name Fundamental Global Inc. and became Strong Global's indirect controlling shareholder. Soon after, on May 30, 2024, Fundamental Global agreed to buy the rest of Strong Global in an all-stock arrangement.

The deal closed on September 30, 2024. Each Strong Global Class A share was exchanged for 1.5 shares of Fundamental Global common stock, and Strong Global's shares were delisted from NYSE American before the market opened that day. Strong Global then stopped filing reports with the SEC. Strong Global's screen and technical services businesses continued as subsidiaries of Fundamental Global.