Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 104

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 104
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 combination with one or more target businesses that have relationships with entities that may be affiliated with our sponsor, executive officers, directors or existing holders which may raise potential conflicts of interest.

In light of the involvement of our sponsor, executive officers and
directors with other entities, we may decide to acquire one or more businesses affiliated with our sponsor, executive officers, directors
or existing holders. Our directors also serve as officers and board members for other entities, including, without limitation, those
described under “Management — Conflicts of Interest.” Such entities may compete with us for business combination opportunities.
Our sponsor, officers and directors are not currently aware of any specific opportunities for us to complete our initial business combination
with any entities with which they are affiliated, and there have been no substantive discussions concerning a business combination with
any such entity or entities. Although we will not be specifically focusing on, or targeting, any transaction with any affiliated entities,
we would pursue such a transaction if we determined that such affiliated entity met our criteria for a business combination as set forth
in “Proposed Business — Business Combination Criteria” and such transaction was approved by a majority of our independent
and disinterested directors. Despite our agreement to obtain an opinion from an independent investment banking firm which is a member
of FINRA or a valuation or appraisal firm regarding the fairness to our company from a financial point of view of a business combination
with one or more domestic or international businesses affiliated with our sponsor, executive officers, directors or existing holders,
potential conflicts of interest still may exist and, as a result, the terms of the business combination may not be as advantageous to
our public stockholders as they would be absent any conflicts of interest.

Since our sponsor, executive officers and directors will lose their entire investment in us if our initial business combination is not completed (other than with respect to public shares they may acquire during or after this offering), a conflict of interest may arise in determining whether a particular business combination target is appropriate for our initial business combination.

On October 6, 2023, our sponsor paid $25,000 to cover certain
of our offering costs in exchange for 2,156,250 founder shares, or approximately $0.012 per share. Prior to the initial investment in
the company of $25,000 by the sponsor, the company had no assets, tangible or intangible. On October 18, 2023, the Sponsor transferred
an aggregate of 465,000 founder shares to members of the Company's management,board