Page 1

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. 20549 FORM 10 - K [ X ] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31 , 2020 or [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from Commission file number 001-36366 to FG Financial Group , Inc. ( Exact name of registrant as specified in its charter ) Delaware ( State of incorporation ) 970 Lake Carillon Dr. , Suite 318 , St. Petersburg , FL ( Address of principal executive offices ) 46-1119100 ( I.R.S Employer Identification No. ) 33716 ( Zip Code ) ( 727 ) -304-5666 ( Registrant's telephone number ) Securities registered pursuant to Section 12 ( b ) of the Act : Title of Each Class Trading Symbol ( s ) Common Stock , par value $ 0.001 per share 8.00 % Cumulative Preferred Stock , Series A , par FGF FGFPP Name of Each Exchange on Which Registered The Nasdaq Stock Market LLC The Nasdaq Stock Market LLC value $ 25.00 per share Securities registered pursuant to Section 12 ( g ) of the Act : None Indicate by check mark if the registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act . Yes [ ] No [ X ] Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15 ( d ) of the Act . Yes ( ) No [ X ] Indicate by check mark whether the Registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . Yes [ X ] No [ ] Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T ( § 232.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the registrant was required to submit such files ) . Yes [ X ] No [ ] Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , a smaller reporting company , or an emerging growth company . See the definitions of “ large accelerated filer , ” “ accelerated filer , ” “ smaller reporting company , " and " emerging growth company " in Rule 12b - 2 of the Exchange Act .: [ ] Large Accelerated Filer Non - Accelerated Filer Emerging Growth Company [ ] Accelerated Filer [ ] Smaller Reporting Company [ X ]