Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 64

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 64
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, arrangements or understandings with any prospective target business concerning a business combination and may be unable to complete our initial business combination. If we fail to complete our initial business combination, we will never generate any operating revenues.

Our stockholders may not be afforded an opportunity to vote on our proposed initial business combination, and even if we hold a vote, holders of our founder shares will participate in such vote, which means we may complete our initial business combination even though a majority of our public stockholders do not support such a combination.

We may choose not to hold a stockholder vote to approve our initial business combination if the business combination would not require stockholder approval under applicable law or stock exchange listing requirement. Except for as required by applicable law or stock exchange requirement, the decision as to whether we will seek stockholder approval of a proposed business combination or will allow stockholders to sell their shares to us in a tender offer will be made by us, solely in our discretion, and will be based on a variety of factors, such as the timing of the transaction and whether the terms of the transaction would otherwise require us to seek stockholder approval. Even if we seek stockholder approval, the holders of our founder shares will participate in the vote on such approval. Accordingly, we may complete our initial business combination even if a majority of our public stockholders do not approve of the business combination we complete. Please see the section entitled “ Proposed Business — Stockholders May Not Have the Ability to Approve Our Initial Business Combination” for additional information.

If we seek stockholder approval of our initial business combination, our initial stockholders and management team have agreed to vote in favor of such initial business combination, regardless of how our public stockholders vote.

Our initial stockholders will own 20% of our outstanding common stock
immediately following the closing of this offering (not including the shares of common stock underlying the Underwriter Units, the private
units, the $15 Exercise Price Warrants, or the units issuable upon conversion of working capital loans). Our initial stockholders and
management team also may from time to time purchase common stock prior to our initial business combination. Our amended and restated
articles of incorporation provides that, if we seek stockholder approval of an initial business combination, such initial business combination
will be approved if we receive the affirmative vote of a majority of the shares voted at such meeting, including the founder shares.
As a result, in addition to the founder shares, the private shares and the Underwriter Shares, we would need only