Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 207

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 207
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 than 15% of the shares sold in this offering if we hold a stockholder vote |     | If we seek stockholder approval of our initial business                                                                               
 combination and we do not conduct redemptions in connection with our initial business combination pursuant to the tender offer rules, 
 our amended and restated articles of incorporation provide that a public stockholder, together with any affiliate of such stockholder 
 or any other person with whom such stockholder is acting in concert or as a “group” (as defined under Section 13 of the               
 Exchange Act), will be restricted from seeking redemption rights with respect to Excess Shares, without our prior consent. However,   
 we would not restrict our stockholders’ ability to vote all of their shares (including Excess Shares) for or against our initial      
 business combination.                                                                                                                 |     | Many blank check companies provide no restrictions                                                                                    
 on the ability of stockholders to redeem shares based on the number of shares held by such stockholders in connection with an initial 
 business combination.                                                                                                                 |

Competition

In identifying, evaluating and selecting a target business for our
initial business combination, we may encounter competition from other entities having a business objective similar to ours, including
other special purpose acquisition companies and blank check companies, private equity groups and leveraged buyout funds, public companies
and operating businesses seeking strategic acquisitions. Many of these entities are well established and have extensive experience identifying
and effecting business combinations directly or through affiliates. Moreover, many of these competitors possess greater financial, technical,
human and other resources and relevant industry knowledge than us. Our ability to acquire larger target businesses will be limited by
our available financial resources.

This inherent limitation gives others an advantage in pursuing the
acquisition of a target business. Furthermore, our obligation to pay cash in connection with our public stockholders who exercise their
redemption rights may reduce the resources available to us for our initial business combination and our outstanding rights, and the future
dilution they potentially represent, may not be viewed favorably by certain target businesses. Either of these factors may place us at
a competitive disadvantage in successfully negotiating an initial business combination.

Facilities

We currently utilize office space at 104 S. Walnut Street, Unit 1A, Itasca, Illinois
60143 from our sponsor and the members of our management team. We consider our current office space adequate for our current operations.

Employees

We currently have two executive officers: Larry Swets, Jr., our
Chief Executive Officer, and Hassan