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

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 25
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: SLT), as Chief Financial
Officer of FG New America Acquisition Corp. (NYSE: FGNA), a special purpose acquisition company which merged with OppFi Inc. (NYSE: OPFI),
a leading financial technology platform that powers banks to help everyday consumers gain access to credit, as Chief Financial Officer
and director of 1347 Capital Corp., a special purpose acquisition company which merged with Limbach Holdings, Inc. (Nasdaq: LMB).
Mr. Baqar is Chief Financial Officer of Aldel Financial II, Inc., a special purpose acquisiton company that is currently searching for
a business combination target.

Our director, Dr. Richard E. Govignon, served as a member of the
board of directors of FG Acquisition Corp (TSX: FGAA.U), a special purpose acquisition company which merged with Strong/MDI Screen Systems,
Inc. and was renamed Saltire Capital Ltd. (TSX: SLT).

Our director, Andrew B. McIntyre, served as a director FG Acquisition
Corp (TSX: FGAA.U), a special purpose acquisition company which merged with Strong/MDI Screen Systems, Inc. and was renamed Saltire Capital
Ltd. (TSX: SLT).

Our senior advisor, M. Wesley Schrader, served as Chief Executive
Officer and a director of FG Merger Corp. (NASDAQ: FGMC), a special purpose acquisition company, which merged with iCoreConnect, Inc.
(NASDAQ: ICCT), a market leading, cloud-based software and technology company focused on increasing workflow productivity and customer
profitability through its enterprise and healthcare workflow platform of applications and services.

Below are the SPAC business combinations in which members of our
management team have participated, along with certain other information:

| · | Aldel Financial Inc. (“Aldel I”) consummated a business                                                                                  
 combination with The Hagerty Group, LLC (“Hargerty”) on December 2, 2021, eight months following the closing the Aldel                   
 I initial public offering on April 12, 2021. Under the business combination agreement, Aldel I agreed to acquire all of the limited      
 liability equity interests of Hagerty for $3.0 billion in aggregate consideration (subject to certain adjustments). In connection        
 with the closing of the Aldel I business combination, Aldel issued an aggregate of 70,385,000 shares of Aldel I common stock and         
 an aggregate of 12,669,300 warrants to