Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 68

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 68
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 trust account, including interest earned on the funds held in the trust
account (which interest shall be net of funds withdrawn for working capital purposes (not to exceed $1,000,000 annually) and taxes payable,
and up to $100,000 of interest to pay dissolution expenses), divided by the number of then outstanding public shares, which redemption
will completely extinguish public stockholders’ rights as stockholders (including the right to receive further liquidating distributions,
if any), and (iii) as promptly as reasonably possible following such redemption, subject to the approval of our remaining stockholders
and our board of directors, liquidate and dissolve, subject in each case, to our obligations under Nevada law to provide for claims of
creditors and the requirements of other applicable law.

If we seek stockholder approval of our initial business combination, our sponsor, initial stockholders, directors, executive officers, advisors and their affiliates may elect to purchase shares or public rights from public stockholders, which may influence a vote on a proposed business combination and reduce the public “float” of our common stock.

If we do not complete our initial business combination within the
completion window, while we do not currently intend to seek stockholder approval to amend our amended and restated certificate of incorporation
to extend the amount of time we will have to consummate an initial business combination, we may elect to do so in the future. There is
no limit on the number of extensions that we may seek; however, we do not expect to extend the time period to consummate our initial
business combination beyond 36 months from the closing of this offering.

If we seek stockholder approval of our initial business combination
and we do not conduct redemptions in connection with our initial business combination pursuant to the tender offer rules, our sponsor,
initial stockholders, directors, executive officers, advisors or their affiliates may purchase shares or public rights in privately negotiated
transactions or in the open market either prior to or following the completion of our initial business combination, although they are
under no obligation to do so. There is no limit on the number of shares our initial stockholders, directors, officers, advisors or their
affiliates may purchase in such transactions, subject to compliance with applicable law and NASDAQ rules. However, other than as expressly
stated herein, our initial stockholders have no current commitments, plans or intentions to engage in such transactions and have not
formulated any terms or conditions for any such transactions. None of the funds in the trust