Company: FGMCU
Filing Date: 2025-12-30
Form Type: S-4/A
Source: 0001104659-25-124947
Chunk: 518

Company: FG Merger II Corp.
Filing Date: 2025-12-30
Form: S-4/A
Chunk 518
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 generating gross proceeds to the Company of $ 80,000,000 . Simultaneously with the closing of the IPO, the Company consummated private placement (“ Private Placement ”) in which i) FG Merger Investors II LLC (the “ Sponsor ”) and Ramnaraine Jaigobind purchased 223,300 and 25,000 private unit (the “ Private Units ”) respectively, at a price of $ 10.00 per Private Unit, generating total proceeds of $ 2,483,000 and ii) the Sponsor purchased in aggregate of 1,000,000 $ 15.00 exercise price warrants (the “ $ 15 Private Warrants ”) at a price of $ 0.10 per $ 15 Private Warrant, each exercisable to purchase one shares of common stock at $ 15.00 per share, for an aggregate purchase price of $ 100,000 . Each Private Unit consists of one common share and one right. right (“ Private Unit Right ”). Each whole Private Unit Right entitles the holder to convert the right to one -tenth share of common stock. Each $ 15 Private Warrant entitles the holder to purchase one share of Common Stock at an exercise price of $ 15.00 per each share, will be exercisable for a period of 10 years from the date of Business Combination, will be non-redeemable, and may be exercised on a cashless basis. Additionally, $ 15 Private Warrants and the shares issuable upon the exercise of the $ 15 Private Warrants are not to be transferable, assignable or salable until after the completion of a Business Combination, subject to certain limited exceptions. The Company Units are listed on the National Association of Securities Dealers Automated Quotations (“ Nasdaq ”). The Company’s management has broad discretion with respect to the specific application of the net proceeds of the IPO and sale of the $ 15 Private Warrants, and Private Units, although substantially all of the net proceeds are intended to be applied generally toward consummating a Business Combination. Nasdaq rules provide that the Business Combination must be with one or more target businesses that together have a fair market value equal to at least 80% of the net assets held in the Trust Account (as defined below) (excluding any deferred underwriting commissions and taxes payable on interest earned on the Trust Account). The Company will only complete a Business Combination if the post-Business Combination company owns or acquires 50% or more of