Company: FGMCU
Filing Date: 2025-12-30
Form Type: S-4/A
Source: 0001104659-25-124947
Chunk: 81

Company: FG Merger II Corp.
Filing Date: 2025-12-30
Form: S-4/A
Chunk 81
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 Sponsor paid an aggregate of $25,000 (or approximately $0.01 per share) for the 2,000,000 Founders Shares and such securities may have a value of approximately $20.1 million at the time of a business combination (based on a market price of $10.04 per share of FGMC Common Stock on December 10, 2025). Therefore, the Sponsor could make a substantial profit after the initial business combination even if public investors experience substantial losses, even though there are restrictions on the Sponsor’s ability to transfer the Founder Shares under the lock-up agreements described elsewhere in this joint proxy statement/prospectus. Further, the Founder Shares have no redemption rights upon FGMC’s liquidation and will be worthless if no business combination is effected; |

| ● | the fact that the Sponsor currently holds 223,000 Private Units, each unit consisting of one share of common stock and one right to receive one-tenth (1/10) of one share of common stock upon the consummation of an initial business combination, which Private Units were purchased at a price of $10.00 per unit, or an aggregate value of $2,230,000 and which have no redemption rights upon FGMC’s liquidation and will be worthless if no business combination is effected; |

| ● | the fact that the Sponsor currently holds 1,000,000 of FGMC’s $15.00 exercise price warrants (the “$15 Private Warrants”) which the Sponsor purchased at a price of $0.10 per $15 Private Warrant, each exercisable to purchase one share of common stock at $15.00 per share, for an aggregate purchase price of $100,000. Each Private Unit consists of one common share and one right (“Private Unit Right”). Each whole Private Unit Right entitles the holder to convert the right to one-tenth share of common stock. Each $15 Private Warrant entitles the holder to purchase one share of FGMC Common Stock at an exercise price of $15.00 per each share, will be exercisable for a period of 10 years from the date of a business combination, will be non-redeemable, and may be exercised on a cashless basis. Additionally, the $15 Private Warrants and the shares issuable upon the exercise of the $15 Private Warrants are not to be transferable, assignable or salable until after the completion of a business combination, subject to certain limited exceptions. If FGMC does not complete its