Company: FGMCU
Filing Date: 2025-12-30
Form Type: S-4/A
Source: 0001104659-25-124947
Chunk: 516

Company: FG Merger II Corp.
Filing Date: 2025-12-30
Form: S-4/A
Chunk 516
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 effective on January 28, 2025. On January 30, 2025, the Company consummated its initial public offering (“ IPO”) of 8,000,000Units at $ 10.00per unit. The Units were sold at a price of $ 10.00per Unit, generating gross proceeds to the Company of $ 80,000,000. Simultaneously with the closing of the IPO, the Company consummated Private Placement in which i) FG Merger Investors II LLC (the “ Sponsor”) and Ramnarain Joseph Jaigobind purchased 223,300and 25,000Private Units respectively, at a price of $ 10.00per Private Unit, generating total proceeds of $ 2,483,000and ii) the Sponsor purchased in aggregate of 1,000,000$ 15Private Warrants at a price of $ 0.10per $ 15Private Warrant, each exercisable to purchase oneshares of common stock at $ 15.00per share, for an aggregate purchase price of $ 100,000. Following the closing of the IPO, and amount of $ 80,800,00($ 10.10per Unit) from the net proceed of the sale of the Units in the IPO and the sale of Private Placement Securities were placed in a Trust Account and invested in a money market fund, within the meaning set forth in Section 2(a)(16) of the Investment Company Act, meeting the conditions of Rule 2a-7 of the Investment Company Act, as determined by the Company, until the earlier of: (i) the consummation of a Business Combination or (ii) the distribution of the funds in the Trust Account to the Company’s stockholders. On January 30, 2025, the Company issued an unsecured promissory note of $ 417,000to the Sponsor. This promissory note bears interest at the rate of 12% per year and will mature on January 30, 2026. There was $ 417,000outstanding under the promissory note at January 30, 2025. The holders of the Founder Shares, the Private Units, the $ 15Private Warrants (and their underlying securities) are entitled to registration rights pursuant to a registration rights agreement which become effective as of January 30, 2025. The Company will bear the expenses incurred in connection with the filing of any registration statements pursuant to such