Company: FGMCU
Filing Date: 2025-11-13
Form Type: 425
Source: 0001104659-25-111079
Chunk: 6

Company: FG Merger II Corp.
Filing Date: 2025-11-13
Form: 425
Chunk 6
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. I believe the number is 20% of new construction in California is now
these infill, backyard units. Then we ended up getting this military contract. So, we did the military base housing. We did workforce
housing. We've done projects in partnership with Catholic Charities for little Communities.

We've done stuff where we fill old trailer RV
parks with our units. Those are nice because all the infrastructure's there and it's just about deploying the housing, which is the product
that we make. So, you know, we're just out looking for, you know, where are the opportunities? Where does it make sense? Where do our
advantages benefit the situation the most. And we're going to keep jumping from, you know, product to product until we really dig into
our niche.

Nick Clayton: Right, And you know, I think
for a lot of people, they're, you know, probably wondering what the, you know, the price is like in terms of differences between, you
know, a factory built home and, you know, a traditionally built home. I mean, I've noticed, you know, disclosed in terms of, I believe
was the military contract you're referencing there, which was a $9 million contract for a 156 homes.

I think it was breaks down to something like $57,700
for a home. I mean, I, I imagine these things vary, you know, site to site and the various demands of the project. But I mean, what, what
are sort of the ranges you're looking at usually and, and I guess like how does that compare and how do the perks you know, change some
of those things.

Galiano Tiramani: Yeah, the specific site
conditions like land, local labor, permitting fees, that all varies based on where it's going. But our product, the initial product is
the Casita. So that $60,000 I think that's extremely competitive. Not sure that you can really do it for, for much cheaper than that.
And then, you know, a longer term for other types of residential building products.

You know, we think we can get down to a number
that is just way better than site building. And then you have other advantages, you know, like speed and, and higher quality with the
factory building. So I just believe at the end of the day that in the principles that if you're doing it on