Company: FGMCU
Filing Date: 2025-09-18
Form Type: S-4
Source: 0001104659-25-091249
Chunk: 498

Company: FG Merger II Corp.
Filing Date: 2025-09-18
Form: S-4
Chunk 498
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 of directors and senior advisors, resulting in the Sponsor holding 1,691,250Founder Shares. The Founder Shares include an aggregate of up to 300,000shares subject to forfeiture by the Sponsor to the extent that the underwriters’ over-allotment is not exercised in full or in part, so that the Initial Stockholders will collectively own 20% of the Company’s issued and outstanding shares after the IPO (assuming the Initial Stockholders did not purchase any Public Shares in the IPO and excluding the securities underlying the $ 15Private Warrants, the Private Units). On August 21, 2024, Company issued a dividend of approximately 0.066Founder Shares for every issued and outstanding founder share resulting in our initial stockholders holding an aggregate of 2,300,000Founder Shares, an increase of 143,750founder compared to 2,156,250initial Founder Shares issued. On February 5, 2025, the underwriters elected to terminate their over-allotment option to purchase 1,200,000IPO Units resulting in Sponsor to forfeit 300,000Founder Shares. As of June 30, 2025, there were 2,000,000Founder Shares outstanding. The Initial Stockholders have agreed not to transfer, assign or sell any of the Founder Shares (except to certain permitted transferees) until, with respect to 50% of the Founder Shares, the earlier of (i) twelve monthsafter the date of the consummation of a Business Combination, or (ii) the date on which the closing price of the Company’s common stock equals or exceeds $ 12.00per share (as adjusted for stock splits, stock dividends, reorganizations and recapitalizations) for any 20trading days within any 30-trading day period commencing after a Business Combination, with respect to the remaining 50% of the Founder Shares, 12 monthsafter the date of the consummation of a Business Combination, or earlier, in each case, if, subsequent to a Business Combination, the Company consummates a subsequent liquidation, merger, stock exchange or other similar transaction which results in all of the Company’s stockholders having the right to exchange their Public Shares for cash, securities or other property.

<div align='center'>F-24</div>

Promissory Notes On October 6, 2023, the Company issued a promissory note to the Sponsor, pursuant to which the Company may borrow up to an