Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 91

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 91
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 either: (i) success with respect to any business combination we may consummate;
or (ii) that we will be able to identify a suitable candidate for our initial business combination. You should not rely on the historical
record of our management team’s or their respective affiliates’ performance as indicative of any future performance.

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Our sponsor has the ability to remove itself as the Company’s sponsor or to substantially reduce its interests in the Company before identifying a business combination, which may result in change in the strategy and focus of our Company in pursuing a business combination.

Our sponsor may surrender or forfeit, transfer or exchange our
founder shares, private units or any of our other securities, including for no consideration, as well as subject any such securities
to earn-outs or other restrictions, or otherwise amend the terms of any such securities or enter into any other arrangements with
respect to any such securities. In addition, the members of our sponsor could, with the permission of the sponsor’s managing member,
transfer their membership interests in the sponsor, thereby transferring control of our sponor to a third party. Through the forgoing
means, our sponsor may remove itself as the Company’s sponsor, substantially reduce its interests in the Company, or have its control
transferred to a third party before we identify a business combination. Any such reduction of the interests of our sponsor in the securities
of the Company or transfer of sponsor interests may lead to the sponsor’s managing member no longer having voting power and control
over the affairs of the Company in pursuing a business combination. This could also result in a change to our management team, acquisition
strategy and criteria and our industry focus without shareholders having the ability to consider the merits of a change in the management
team.

Involvement of members of our management and companies with which they are affiliated in civil disputes and litigation or governmental investigations unrelated to our business affairs could materially impact our ability to consummate an initial business combination.

Members of our management team and companies with which they are affiliated
have been, and in the future will continue to be, involved in a wide variety of business affairs, including transactions, such as sales
and purchases of businesses, and ongoing operations. As a result of such involvement, members of our management and companies with which
they are affiliated in past have been, and may in the future continue to be, involved in civil disputes and litigation and governmental
investigations relating to their business affairs unrelated to our company which may progress. Given