Company: FGMCU
Filing Date: 2025-09-18
Form Type: S-4
Source: 0001104659-25-091249
Chunk: 317

Company: FG Merger II Corp.
Filing Date: 2025-09-18
Form: S-4
Chunk 317
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 The historical financial statements of BOXABL have been prepared in accordance with U.S. GAAP. The historical financial statements of FGMC have been prepared in accordance with U.S. GAAP. The unaudited Pro Forma condensed combined financial information reflects U.S. GAAP, the basis of accounting used by BOXABL. FGMC has elected to provide the unaudited Pro Forma condensed combined financial information under two different Redemption scenarios of IXAQ’s Public Shares into cash as more fully described below:

| ● | Scenario 1 — Assuming No Redemptions: This presentation assumes that no public stockholders of FGMC exercise Redemption rights with respect to their Public Shares upon consummation of the Business Combination |

| ● | Scenario 2 — Assuming Maximum Redemptions:  This presentation assumes that all public stockholders of FGMC exercise Redemption rights with respect to their Public Shares upon consummation of the Business Combination |

The following table sets out share ownership of FGMC Common Stock on a Pro Forma basis assuming the No Redemptions Scenario and the Maximum Redemptions Scenario:

| ​                                                 | ​ |             ​ | ​ |         ​ | ​ |           ​ | ​ |         ​ | ​ |
| ​                                                 |   |             ​ |   |         ​ |   |    Assuming |   |         ​ |   |
| ​                                                 | ​ |      Assuming | ​ |         ​ | ​ |     maximum | ​ |         ​ | ​ |
| ​                                                 |   | No Redemption |   | % holding |   |  Redemption |   | % holding | ​ |
| FGMC public stockholders(1)                       | ​ |     8,800,000 | ​ |      3.10 | % |     800,000 | ​ |         * |   |
| FGMC Sponsors and affiliates(2)                   | ​ |     2,273,130 | ​ |         * | ​ |   2,273,130 | ​ |         * |   |
| FGMC Common Stock underlying Underwriter Units(3) |   |        44,000 |   |         * |   |      44,000 |   |         * | ​ |
| FGMC Common Stock underlying Advisor Units(3)     |   |         8,250 |   |         * |   |       8,250 |   |         * | ​ |
| BOXABL stockholders(