Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 255

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 255
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 founder shares will be released from the lock-up. Up to 300,000 founder shares will be forfeited by the sponsor and Ramnarain Joseph Jaigobind depending on the exercise of the over-allotment
option.

EarlyBird Shares

The EarlyBird Shares are identical to the shares included in the units
sold in this offering, except that the EarlyBird Shares will not be transferable, assignable or salable until 30 days after the completion
of our initial business combination (except, among other limited exceptions, to the officers and directors and other persons or entities
affiliated with EarlyBirdCapital, Inc.

Underwriter Shares

The Underwriter Shares will not be transferable, assignable or salable
until after the completion of our initial business combination. ThinkEquity has agreed to (i) waive their redemption rights with
respect to their Underwriter Shares in connection with the completion of our initial business combination, (ii) waive their redemption
rights with respect to their Underwriter Shares in connection with a stockholder vote to approve an amendment to our amended and restated
articles of incorporation (A) to modify the substance or timing of our obligation to redeem 100% of our public shares if we do not
complete our initial business combination within 24 months from the closing of this offering (or such later date pursuant to an approved
extension), or (B) with respect to any other provision relating to stockholders’ rights or pre-initial business combination
activity and (iii) waive their rights to liquidating distributions from the trust account with respect to their Underwriter Shares
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). The shares have been deemed compensation by FINRA and are therefore subject to a lock-up for a period of 180
days immediately following the date of the effectiveness of the registration statement of which this prospectus forms a part pursuant
to Rule 5110(e)(1) of FINRA’s Conduct Rules. Pursuant to FINRA Rule 5110(e)(1), these securities will not be the
subject of any hedging, short sale, derivative, put or call transaction that would result in the economic disposition of the securities
by any person for a period of 180 days immediately following the effective date of the registration statement of which this prospectus
forms a part, nor may they be sold, transferred, assigned, pledged or hypothecated for a period of 180