Company: FGMCU
Filing Date: 2025-09-18
Form Type: S-4
Source: 0001104659-25-091249
Chunk: 102

Company: FG Merger II Corp.
Filing Date: 2025-09-18
Form: S-4
Chunk 102
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 1: The BOXABL Business Combination Proposal-Interests of BOXABL’s Directors and Executive Officers in the Business Combination” in this joint proxy statement/prospectus for a further discussion of these considerations.

The BOXABL Business Combination Proposal

BOXABL is asking its stockholders to approve and adopt the Merger Agreement. For more information about the transactions contemplated by the Merger Agreement, see “FGMC Stockholder Proposals-The Business Combination Proposal,” “FGMC Stockholder Proposal No. 1: The Business Combination Proposal” and “BOXABL Stockholder Proposal No. 1: The BOXABL Business Combination Proposal.”

The BOXABL Adjournment Proposal

If, based on the tabulated vote, there are not sufficient votes at the time of the BOXABL Special Meeting for the approval of the BOXABL Business Combination Proposal, the BOXABL board of directors may submit a proposal to adjourn the BOXABL Special Meeting to a later date or dates, if necessary, to permit further solicitation and vote of proxies. In no event will BOXABL solicit proxies to adjourn the BOXABL Special Meeting or complete the Business Combination beyond the date by which it may properly do so.

For additional information, see “BOXABL Stockholder Proposal No. 2: The BOXABL Adjournment Proposal.”

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The BOXABL Board of Directors’ Reasons for the Business Combination

On July 25, 2025, the BOXABL board of directors by unanimous vote (i) approved and adopted the Merger Agreement and related transaction agreements and the transactions contemplated thereby (including the Business Combination), (ii) determined that the Business Combination is advisable and fair to, and in the best interests of, BOXABL and its stockholders and (iii) recommended that BOXABL stockholders approve and adopt the Merger Agreement and the transactions contemplated thereby (including the Business Combination). After weighing various considerations, including potential benefits of promptly proceeding with the announcement of the proposed Business Combination, and after taking into account the abstaining director’s position, all of the other members of the BOXABL board of directors determined that the Business Combination was in the best interests of BOXABL and its stockholders and approved the Business Combination.

In evaluating the Business Combination, the BOXABL board of directors consulted with BOXABL’s management, business advisors, stockholders and legal advisors and considered a range of factors and risks. For a description of the BOXABL board of directors’ reasons for approving the Business Combination, including factors and risks considered by the BOXABL board