Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 265

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 265
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: one-fifth or more but less than one-third, one-third but less than a majority, and a majority or more, of the outstanding
voting power of a corporation in the election of directors. Generally, once an acquirer crosses one of the foregoing thresholds, those
shares acquired in an acquisition or offer to acquire in an acquisition and acquired within 90 days immediately preceding the date that
the acquirer crosses one of the thresholds become “control shares,” and such control shares are deprived of the right to
vote until disinterested stockholders restore the right. In addition, the corporation, if provided in its articles of incorporation or
bylaws in effect on the tenth (10th) day following the acquisition of a controlling interest, may cause the redemption of all of the
control shares at the average price paid for such shares if the acquirer does not deliver an “offeror’s statement”
to the registered office of the corporation within 10 days following its acquisition of such “control shares” or, if such
offeror’s statement is timely delivered, the stockholders do not accord the control shares full voting rights. If control shares
are accorded full voting rights and the acquiring person has acquired a majority or more of all voting power, all other stockholders
who did not vote in favor of authorizing voting rights to the control shares are entitled to demand payment for the fair value of their
shares in accordance with statutory procedures established for dissenters’ rights.

We have opted out of these provisions in our
amended and restated articles of incorporation until our founder ceases to beneficially own at least 15% of our outstanding shares of
common stock.

Exclusive forum for certain lawsuits

Our amended and restated articles of incorporation
will require, unless we consent in writing to the selection of an alternative forum, the Eighth Judicial District Court of Clark County,
Nevada, shall, to the fullest extent permitted by law, be the exclusive forum for any or all actions, suits, proceedings, whether civil,
administrative or investigative or that asserts any claim or counterclaim, (a) brought in the name or right of our company or on
our behalf; (b) asserting a claim for breach of any fiduciary duty owed by any director, officer, employee or agent of our company
to us or our stockholders; (c) arising or asserting a claim pursuant to any provision of Chapters 78 or 92A of the NRS or any provision
of our amended and restated articles