Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 263

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 263
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 other than the                   
 interested stockholder, is at least equal to the highest of: (a) the highest price per share         
 paid by the interested stockholder within the two years immediately preceding the date of            
 the announcement of the combination or the transaction in which it became an interested stockholder, 
 whichever is higher, plus interest compounded annually and less certain dividends paid, (b)          
 the market value per share of common stock on the date of announcement of the combination            
 or the date the interested stockholder acquired the shares, whichever is higher, plus interest       
 compounded annually and less certain dividends paid, or (c) for holders of preferred stock,          
 the highest liquidation value of the preferred stock (plus accrued preferred dividends declared      
 or due to such holders, unless such preferred dividends are already included in such liquidation     
 value), if it is higher; and                                                                         |

| · | the interested stockholder                                                                        
 has not become the owner of any additional voting shares since the date of becoming an interested 
 stockholder except by certain permitted transactions.                                             |

A “combination” is generally defined
to include (i) mergers or consolidations with the “interested stockholder” or an affiliate or associate of the interested
stockholder, (ii) any sale, lease, exchange, mortgage, pledge, transfer or other disposition of assets of the corporation, in one transaction
or a series of transactions, to or with the interested stockholder or an affiliate or associate of the interested stockholder: (a) having
an aggregate market value equal to 5% or more of the aggregate market value of the assets (determined on a consolidated basis) of the
corporation, (b) having an aggregate market value equal to 5% or more of the aggregate market value of all outstanding shares of the
corporation or (c) representing more than 10% of the earning power or net income (determined on a consolidated basis) of the corporation,
(iii) any issuance or transfer of securities to the interested stockholder or an affiliate or associate of the interested stockholder,
in one transaction or a series of transactions, having an aggregate market value equal to 5% or more of the aggregate market value of
all of the outstanding voting shares of the corporation (other than under the exercise of warrants or rights to purchase shares offered,
or a dividend or distribution made pro rata to all stockholders of the corporation), (iv) adoption of a plan or proposal for liquidation
or dissolution of the corporation