Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 182

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 182
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 of engaging in business combinations. While there is no formal commitment to proceed in this manner, Mr. Baqar, to the extent
that he is presented with opportunities that could benefit a SPAC, plans to give the first suitable transaction opportunity to Aldel
Financial II Inc. and the second suitable transaction opportunity to this company, which is the sequence in which such entities are expected
to become public. If Mr. Baqar is involved in any other subsequent blank check companies in the future, Mr. Baqar plans to give priority
with respect to transaction opportunities first to Aldel Financial II Inc. and second to this company. Our sponsor is not involved in
a fiduciary capacity with, nor has any contractual obligations to, any other special purpose acquisition company (including FG Merger
II Corp. and Aldel Financial II Inc.). Other than as specified above, while there is no formal commitment to proceed in this manner,
we expect that our company will have priority over any other special purpose acquisition companies (if any) subsequently formed by our
sponsor, officers or directors with respect to acquisition opportunities until we complete our initial business combination or enter
into a contractual agreement that would restrict our ability to engage in material discussions regarding a potential initial business
combination. We expect this company to have priority with respect to such acquisition opportunities because our goal is to complete a
business combination with a strong target company and build a track record which includes the successful completion of our initial business
combination before turning to other potential opportunities in the market for subsequently formed special purpose acquisition companies.
As a result of the foregoing, we do not believe that any potential conflicts from our management team’s other business or investment
ventures would materially affect our ability to complete our initial business combination.

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Financial Position

With funds available for a business combination initially in the
amount of $80,800,000 (assuming no redemptions) (or $92,800,000 (assuming no redemptions) if the underwriters’ over-allotment option
is exercised in full), we offer a target business a variety of options such as creating a liquidity event for its owners, providing capital
for the potential growth and expansion of its operations or strengthening its balance sheet by reducing its debt ratio. Because we are
able to complete our initial business combination using our cash, debt or equity securities, or a combination of the foregoing, we have
the flexibility to use the most efficient combination that will allow us to tailor