Company: FGMCU
Filing Date: 2025-12-30
Form Type: S-4/A
Source: 0001104659-25-124947
Chunk: 207

Company: FG Merger II Corp.
Filing Date: 2025-12-30
Form: S-4/A
Chunk 207
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 find shares of Combined Company Common Stock less attractive as a result, there may be a less active market for shares of Combined Company Common Stock and the share price may be more volatile. Anti-takeover provisions contained in the Proposed Charter and Proposed Bylaws could impair a takeover attempt. The Proposed Charter and Proposed Bylaws contain provisions that could have the effect of delaying or preventing changes in control or changes in the Combined Company’s management without the consent of the Combined Company’s board of directors. These provisions include:

| ● | no cumulative voting in the election of directors, which limits the ability of minority stockholders to elect director candidates; |

| ● | the exclusive right of the Combined Company’s board of directors to elect a director to fill a vacancy created by the expansion of the Combined Company’s board of directors or the resignation, death, or removal of a director with or without cause by stockholders, which prevents stockholders from being able to fill vacancies on the Combined Company’s board of directors; |

| ● | the ability of the Combined Company’s board of directors to determine whether to issue shares of Combined Company Merger Preferred Stock and to determine the price and other terms of those shares, including preferences and voting rights, without stockholder approval, which could be used to significantly dilute the ownership of a hostile acquirer; |

| ● | the requirement that a special meeting of stockholders may be called by the Co-Chief Executive Officers of the Combined Company or the Combined Company’s board of directors; |

| ● | limiting the liability of, and providing indemnification to, our directors and officers; |

| ● | controlling the procedures for the conduct and scheduling of stockholder meetings; |

| ● | requiring the affirmative vote of 66.0% of the voting power of the stockholders of the Combined Company entitled to vote thereon, to amend, adopt or repeal the Proposed Bylaws; and |

| ● | advance notice procedures that stockholders of the Combined Company must comply with in order to nominate candidates to the Combined Company’s board of directors or to propose matters to be acted upon at a stockholders’ meeting of the Combined Company, which may discourage or deter a potential acquirer from conducting a solicitation of proxies to elect the acquirer’s own slate of directors or otherwise attempting to obtain control of the Combined Company. |

These provisions, alone or together, could delay hostile takeovers and changes in control of the Combined Company or changes in the Combined Company’s board of directors and the Combined Company’s management.

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