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home / news releases / FGNA - FGNA: OppFi Not All SPACs Are Created Equal

FGNA - FGNA: OppFi Not All SPACs Are Created Equal

FG New America Acquisition Corp. Class A
  • FGNA agreed to merge with OppFi, a growthy and profitable non-prime lender in Feb 2021.
  • Current equity valuation implies 12.2X 2021 PE and 9.1X 2022 PE.
  • OppFi's proprietary platform, growth verticals, and surprisingly strong profitability make for an intriguing investment opportunity.

For further details see:

FGNA: OppFi, Not All SPACs Are Created Equal
Stock Information
Company Name: FG New America Acquisition Corp. Class A
Stock Symbol: FGNA
Market: NYSE
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