Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 197

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 197
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 as stockholders (including the right to
receive further liquidating distributions, if any), and (iii) as promptly as reasonably possible following such redemption, subject
to the approval of our remaining stockholders and our board of directors, liquidate and dissolve, subject in each case to our obligations
under Nevada law to provide for claims of creditors and the requirements of other applicable law. There will be no redemption rights
or liquidating distributions with respect to our rights, which will expire worthless if we fail to complete our initial business combination
within the 24- month time period.

If we do not complete our initial business combination within the
completion window, while we do not currently intend to seek stockholder approval to amend our amended and restated certificate of incorporation
to extend the amount of time we will have to consummate an initial business combination, we may elect to do so in the future. There is
no limit on the number of extensions that we may seek; however, we do not expect to extend the time period to consummate our initial
business combination beyond 36 months from the closing of this offering. If we determine not to or are unable to extend the time period
to consummate our initial business combination or fail to obtain stockholder approval to extend the completion window, our sponsor’s
investment in our founder shares, private units and the $15 Exercise Price Warrants will be worthless.

Our initial stockholders, sponsor, officers and directors have entered
or, in the case of independent directors appointed after this offering, will enter into a letter agreement with us pursuant to which
they have agreed or will agree to waive their rights to liquidating distributions from the trust account with respect to any founder
shares and independent director shares they hold if we fail to complete our initial business combination within 24 months from the closing
of this offering (or such later date pursuant to an approved extension) or any extended period of time that we may have to consummate
an initial business combination as a result of an amendment to our amended and restated articles of incorporation. However, if our initial
stockholders, sponsor or management team acquire public shares in or after this offering, they will be entitled to liquidating distributions
from the trust account with respect to such public shares if we fail to complete our initial business combination within the allotted
24-month time period.

Our initial stockholders, sponsor, officers and directors have agreed,
or in the case of independent directors appointed after this offering, will agree, pursuant to a letter agreement with us