Company: FGMCU
Filing Date: 2025-09-18
Form Type: S-4
Source: 0001104659-25-091249
Chunk: 568

Company: FG Merger II Corp.
Filing Date: 2025-09-18
Form: S-4
Chunk 568
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 related parties:

| ​                                            
 ​                                            
 (In Thousands)                               
 Consolidated Statement of Comprehensive Loss | ​ 
 ​ | ​                
 Six Months Ended 
 June 30,         
 2025             
 ​                |  ​ 
  ​ | ​ 
 ​ | ​    
 2024 
 ​    |  ​ 
  ​ | ​ 
 ​ | ​                  
 Three Months Ended 
 June 30,           
 2025               
 ​                  |  ​ 
  ​ | ​ 
 ​ | ​    
 2024 
 ​    |  ​ 
  ​ |
|:---------------------------------------------|:--|:-----------------|---:|:--|:-----|---:|:--|:-------------------|---:|:--|:-----|---:|
| Rental income(1)                             | ​ | $                | 44 | ​ | $    | 44 | ​ | $                  | 22 | ​ | $    | 22 |

| ​                           
 ​                           
 ​                           
 (In Thousands)              
 Consolidated Balance Sheets | ​ 
 ​ 
 ​ 
 ​ | ​             
 Balance as of 
 June 30,      
 2025          
 ​             |     ​ 
     ​ | ​ 
 ​ 
 ​ | ​            
 December 31, 
 2024         
 ​            |     ​ 
     ​ |
|:----------------------------|:--|:--------------|------:|:--|:-------------|------:|
| Preferred Stock(2)          | ​ | $             | 1,719 | ​ | $            | 1,719 |
| Accounts Receivable(1)      | ​ | $             |     — | ​ | $            |     6 |

| (1) | The Company has a contract with the majority shareholder and Co-CEO to share certain costs related to office space, support staff, and consultancy services. Refer to Note 10 for details of lease to Supercar System. In addition, under the services agreement between the Company and Supercar System, effective January 1, 2023, the Company receives reimbursements for the Company’s employees who provide services to Supercar System’s business. Supercar System is controlled by the Company’s Co-CEO, Paolo |

F- 75

| Tiramani. As of June 30, 2025 and December 31, 2024, Supercar System had a balance due to BOXABL of $0 and $5.7 thousand, respectively, related to