Exhibit 10.7

 

SUBSCRIPTION AGREEMENT

 

TO:         The Directors of USFM Corporation (the “Company”).

 

The undersigned hereby subscribes for 11,576 warrants of the Company with an exercise price of $128.62 per each common stock (the “Share”) underlying the warrant and 10-year expiration from the date of business combination of the Company (the “Warrants”). The detailed terms of the Warrants are stipulated in a separate warrant agreement. In consideration for the issue of the Warrants, the undersigned hereby agrees and undertakes to pay $23.15 to the Company, respectively.

 

We agree to take the Shares and Warrants subject to the Certificate of Formation and any By-laws of the Company as well as subject to the warrant agreement and we authorize you to enter the following name and address in the stockholders ledger of the Company:

 

  Name: FG Merchant Partners, LP  
  Address: 6408 Bannington Road  
    Charlotte, NC 28226  

 

FG Merchant Partners GP, LLC, General Partner

 

Signed:  /s/ D. Kyle Cerminara  
Name: D. Kyle Cerminara  
Title: CEO of Fundamental Global, Inc., its Managing Member  
Dated: July 7, 2026  

 

Accepted:

 

USFM Corporation

 

Signed:  /s/ Robert Price  
Name: Robert Price  
Title: Director  
Dated: July 07, 2026