Company: FGMCU
Filing Date: 2025-09-18
Form Type: S-4
Source: 0001104659-25-091249
Chunk: 281

Company: FG Merger II Corp.
Filing Date: 2025-09-18
Form: S-4
Chunk 281
---
 (and which may conflict with), those of BOXABL stockholders. These interests include, among other things, the interests listed below:

| ● | Certain of BOXABL’s existing directors and officers are expected to continue to serve in their existing roles as directors and officers of the Combined Company upon the consummation of the Business Combination and receive compensation and benefits from the Combined Company for such service. In addition, the Proposed Charter and the Proposed Bylaws will provide indemnification and advancement of expenses for the Combined Company’s directors and officers to the fullest extent permitted by the TBOC, subject to certain limited exceptions, and the Combined Company will enter into indemnification agreements with each of its directors and officers. |

| ● | Certain of BOXABL’s existing directors and officers will be eligible for continued indemnification and continued coverage under BOXABL’s directors’ and officers’ liability insurance after the consummation of the Business Combination and pursuant to the Merger Agreement. |

144

| ● | The Proposed Charter provides that, to the fullest extent permitted by law, the doctrine of corporate opportunity, or any other analogous doctrine, shall not apply with respect to the Combined Company or any of its non-employee directors, among other persons, and the Combined Company renounces any expectancy that any of the non-employee directors of the Combined Company, among other persons, will offer any such corporate opportunity of which he or she may become aware to the Combined Company, except, the doctrine of corporate opportunity shall apply with respect to any of the non-employee directors of the Combined Company only with respect to a corporate opportunity that was offered to such person solely and exclusively in his or her capacity as a director of the Combined Company and such opportunity is one the Combined Company is legally and contractually permitted to undertake and would otherwise be reasonable for the Combined Company to pursue, and to the extent such director is permitted to refer that opportunity to the Combined Company without violating another legal obligation. Accordingly, a non-employee director may choose to present any corporate opportunity to other entities and has no obligation to present them to the Combined Company if such director is not prohibited by the Proposed Charter from doing so. |

See “ BOXABL Stockholder Proposal No. 1: BOXABL Business Combination Proposal-Interests of BOXABL’s Directors and Executive Officers in the Business Combination” and “ Risk Factors-Risks Relating to the Combined Company Common Stock Following the Business Combination-As a “controlled company” within the meaning of the Nasdaq listing rules after the Closing, the Combined Company will qualify for exemptions