Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 57

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 57
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 within 24 months from the closing of this          
 offering (or such later date pursuant to an approved extension), or any extended period of time that we may have to consummate an          
 initial business combination as a result of an amendment to our amended and restated articles of incorporation. However, if our initial    
 stockholders or management team or the holders of the Underwriter Shares acquire public shares in or after this offering, they will        
 be entitled to liquidating distributions from the trust account with respect to such public shares if we fail to complete our initial      
 business combination within the allotted 24 month time frame.                                                                              |
| Our initial stockholders, executive officers and directors have agreed,                                                                    
 pursuant to a written agreement with us, that they will not propose any amendment to our amended and restated articles of incorporation    
 to modify the substance or timing of our obligation to redeem 100% of our public shares if we do not complete our initial business         
 combination within 24 months from the closing of this offering (or such later date pursuant to an approved extension) or with respect      
 to any other material provisions relating to stockholders’ rights or pre-initial business combination activity, unless we provide          
 our public stockholders with the opportunity to redeem their common stock upon approval of any such amendment at a per-share price,        
 payable in cash, equal to the aggregate amount then on deposit in the trust account, including interest earned on the funds held           
 in the trust account (which interest shall be net of funds withdrawn for working capital purposes (not to exceed $1,000,000 annually)      
 and taxes payable), divided by the number of then outstanding public shares, subject to the limitations described above under “Limitations 
 on redemptions.” For example, our board of directors may propose such an amendment if it determines that additional time is                
 necessary to complete our initial business combination. In such event, we will conduct a proxy solicitation and distribute proxy           
 materials pursuant to Regulation 14A of the Exchange Act seeking stockholder approval of such proposal, and in connection therewith,       
 provide our public stockholders with the redemption rights described above upon stockholder approval of such amendment.                    |

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| Limited              
 payments to insiders |     | There                                                                                                                                       
 will be no finder’s fees, reimbursement, consulting fee, monies in respect of any payment of a loan or other compensation paid              
 by us to our sponsor, officers or directors, or any affiliate of our sponsor or officers prior to, or in connection