Company: FGMCU
Filing Date: 2025-12-30
Form Type: S-4/A
Source: 0001104659-25-124947
Chunk: 15

Company: FG Merger II Corp.
Filing Date: 2025-12-30
Form: S-4/A
Chunk 15
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. If the Combined Company elects to rely on some of these exemptions, Combined Company stockholders will not have the same protections afforded to stockholders of companies that are subject to such requirements ” in this joint proxy statement/prospectus for a further discussion of these considerations. The Sponsor currently holds 14,029,101shares of FGMC Common Stock. Larry Swets, Jr., Hassan R. Baqar, and D. Kyle Cerminara are the managers of the Sponsor. The investment and voting decisions for FG Merger Investors II LLC are made jointly by the three managers and no one individual has a controlling decision. There are no existing circumstances or arrangements under which Sponsor or its affiliates have transferred or could transfer ownership of securities of FGMC, or that have resulted or could result in the surrender or cancellation of such securities. However, this may change as there is no contractual restriction on the Sponsor or the Sponsor’s beneficial owners’ ability to share, sell or otherwise dispose of part or all of their interests in the Sponsor.

Pro Forma Ownership The tables below summarize the pro forma ownership of Combined Company Common Stock following the Business Combination assuming three redemption scenarios, each of which are described directly below:

| ● | No Redemption Scenario: The “No Redemption Scenario” assumes that no holders of FGMC Public Shares (as defined below) exercise their right to have their FGMC Public Shares redeemed for their pro rata share of the Trust Account. |

| ● | 50% Redemption Scenario: The “50% Redemption Scenario” assumes that 4,000,000 FGMC Public Shares are redeemed, resulting in an aggregate cash payment of approximately $40.85 million out of the Trust Account based on an assumed redemption price of $10.23 per share. |

| ● | Maximum Redemption Scenario: The “Maximum Redemption Scenario” assumes that all 8,000,000 FGMC Public Shares are redeemed, resulting in an aggregate cash payment of approximately $81.6 million out of the Trust Account based on an assumed redemption price of $10.23 per share. The Maximum Redemption Scenario includes all adjustments contained in the No Redemption Scenario and presents additional adjustments to reflect the effect of the Maximum Redemption Scenario. |

The ownership percentages reflected in the tables below are based upon the number of shares of BOXABL Common Stock and BOXABL Preferred Stock issued and outstanding as of September 30, 2025, and are subject to the following additional assumptions:

| ● | the total shares of Combined Company Common Stock to be issued to holders of BOXABL Common Stock