Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 33

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 33
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 banking firm which is a member of FINRA or a valuation or appraisal firm stating
that such an initial business combination is fair to our company from a financial point of view.

Members of our management team and our independent directors will
directly or indirectly own founder shares and/or private placement securities following this offering and, accordingly, may have a conflict
of interest in determining whether a particular target business is an appropriate business with which to effectuate our initial business
combination. The low price that our sponsor, executive officers and directors (directly or indirectly) paid for the founder shares creates
an incentive whereby our officers and directors could potentially make a substantial profit even if we select an acquisition target that
subsequently declines in value and is unprofitable for public stockholders. If we are unable to complete our initial business combination
within the completion window, the founder shares and private placement securities may expire worthless, except to the extent they receive
liquidating distributions from assets outside the trust account, which could create an incentive for our sponsor, executive officers
and directors to complete a transaction even if we select an acquisition target that subsequently declines in value and is unprofitable
for public stockholders. Further, each of the members of our management team may have a conflict of interest with respect to evaluating
a particular business combination if the retention or resignation of any such person was included by a target business as a condition
to any agreement with respect to our initial business combination. See “Management — Conflicts of Interest” for additional information.

The low price that our sponsor, officers, directors and senior advisors
(directly or indirectly) paid for the founder shares creates an incentive whereby our management team could potentially make a substantial
profit even if we select an acquisition target that subsequently declines in value and is unprofitable for public stockholders.If we
are unable to complete our initial business combination within the completion window, or by such earlier liquidation date as our board
of directors may approve, the founder shares, private units (and the underlying securities) and the $15 Exercise Price Warrants (and
the underlying securities) will be worthless, except to the extent they receive liquidating distributions from assets outside the trust
account. Additionally, we will repay up to $150,000 in loans made to us by our sponsor to cover offering-related and organizational expenses
and we will reimburse our sponsor an amount equal to $15,000 per month for office space, administrative and support services made available
to us, as described elsewhere in this prospectus