Company: FGMCU
Filing Date: 2025-12-30
Form Type: S-4/A
Source: 0001104659-25-124947
Chunk: 513

Company: FG Merger II Corp.
Filing Date: 2025-12-30
Form: S-4/A
Chunk 513
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 Warrants and the Private Unit Warrants will expire worthless. The $ 15Private Warrants will be non-redeemable for cash and exercisable on a cashless basis. Each $ 15Private Warrant will entitle the holder to purchase oneshare of common stock at its respective exercise price. Each Private Right will entitle the holder to receive one -tenthof common shares

NOTE 5. RELATED PARTY TRANSACTIONS Founder Shares On October 6, 2023, the Company issued an aggregate of 2,156,250shares of common stock (the “ Founder Shares”) to the Sponsor for an aggregate purchase price of $ 25,000in cash. On October 18, 2023, the Sponsor transferred an aggregate of 465,000Founder Shares to members of the Company’s management, board of directors and senior advisors, resulting in the Sponsor holding 1,691,250Founder Shares. The Founder Shares include an aggregate of up to 300,000shares subject to forfeiture by the Sponsor to the extent that the underwriters’ over-allotment is not exercised in full or in part, so that the Initial Stockholders will collectively own 20% of the Company’s issued and outstanding shares after the Proposed Offering (assuming the Initial Stockholders do not purchase any Public Shares in the Proposed Offering and excluding the securities underlying the $ 15Private Warrants, the Private Units). On August 21, 2024, the Company issued a dividend of approximately 0.066Founder Shares for every issued and outstanding founder share resulting in our initial stockholders holding an aggregate of 2,300,000founder shares, an increase of 143,750founder compared to 2,156,250initial Founder Shares issued. The Initial Stockholders have agreed not to transfer, assign or sell any of the Founder Shares (except to certain permitted transferees) until, with respect to 50% of the Founder Shares, the earlier of (i) twelve monthsafter the date of the consummation of a Business Combination, or (ii) the date on which the closing price of the Company’s common stock equals or exceeds $ 12.00per share (as adjusted for stock splits, stock dividends, reorganizations and recapitalizations) for any 20trading days within any 30-trading day period commencing after a Business Combination, with respect to the remaining 50% of the Founder Shares, 12 monthsafter the date of the consummation of a