Company: FGMCU
Filing Date: 2025-09-30
Form Type: 425
Source: 0001104659-25-095146
Chunk: 2

Company: FG Merger II Corp.
Filing Date: 2025-09-30
Form: 425
Chunk 2
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 that they currently hold. The math formula cannot be finalized until the Closing as it is impacted by the total
number of Preferred Shares and Common Stock outstanding. In total, BOXABL shareholders will receive $3and a half billion dollars in combined
common and preferred stock of FGMC at a deemed $10 per share value.

| 4. | Is BOXABL conducting a reverse stock split? |

No. Each Boxabl shareholder’s shares will
be exchanged for a smaller number of shares in the new public company, based on a set exchange ratio. This reduction in share count is
standard part of the merger process and should not be confused with a reverse stock split. In a reverse split, a company reduces its existing
shares; we are not doing that here. The adjustment simply reflects the agreed merger consideration and the capital structure of the new
company. The Merger Agreement, available on the SEC’s EDGAR database, provides a full description of the exchange ratio and the
merger consideration to be received by shareholders.

| 5. | Am I going to be able to sell my shares? |

Yes, yes, shares of our Class A Common Stock will
be freely trading once the shares are listed. Our Preferred Stock will not initially convert to Class A Common Stock, be listed or traded.
The plan is that approximately 14 months following the Closing of the Merger, 20% of the shares of Preferred Stock, in the aggregate,
will automatically, without any further action by Boxabl or any stockholder, convert into Class A Common Stock on a one for one basis.
After that, an additional 20% of the original shares of Preferred Stock will automatically convert each subsequent month on a one-for-one
basis until all of the Preferred Stock has been converted into Class A Common Stock. Once converted, the Class A Common Stock will be
freely tradable.

| 6. | How can I transfer my shares to a brokerage account? |

After the closing, shares will continue to be
held electronically by our transfer agent, Continental Stock Transfer and Trust Company. Once shares of preferred stock convert to common
stock, as described in the combined company Amended & Restated Certificate of Formation, each investor should work with their respective
brokerage to transfer them. Every brokerage has its own process, so we really encourage you to check in with them now.

| 7. | Can I prepare now to make the transfer to my brokerage account faster? |

Yes, yes. Update your contact info with BOX