Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 130

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 130
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 financial performance following 
 this offering.                      |

The forward-looking statements contained in this prospectus are based
on our current expectations and beliefs concerning future developments and their potential effects on us. There can be no assurance that
future developments affecting us will be those that we have anticipated. These forward-looking statements involve a number of risks,
uncertainties (some of which are beyond our control) or other assumptions that may cause actual results or performance to be materially
different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited
to, those factors described under the heading “Risk Factors”. Should one or more of these risks or uncertainties materialize,
or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking
statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future
events or otherwise, except as may be required under applicable securities laws.

<div align='center'>68

USE OF PROCEEDS</div>

We
are offering 8,000,000 units at an offering price of $10.00 per unit. We estimate that the
net proceeds of this offering together with the funds we will receive from the sale of the
private placement securities will be used as set forth in the following table.

| Gross proceeds                                                                               |     | Without        
 Over-allotment 
 Option         |            |   |     | Over-allotment 
 Option         
 Exercised      |            |   |
|:---------------------------------------------------------------------------------------------|:----|:---------------|-----------:|:--|:----|:---------------|-----------:|:--|
| Gross proceeds from                                                                          
 units offered to public(1)                                                                   |     | $              | 80,000,000 |   |     | $              | 92,000,000 |   |
| Gross proceeds from private placement                                                        |     |                |  2,583,000 |   |     |                |  2,583,000 |   |
| Proceeds                                                                                     
 from sponsor loan(9)                                                                         |     |                |    417,000 |   |     |                |    417,000 |   |
| Total gross proceeds                                                                         |     | $              | 83,000,000 |   |     | $              | 95,000,000 |   |
| Estimated offering expenses(2)                                                               |     |                |            |   |