Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 95

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 95
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 public stockholders), including the total number of shares of common stock issued,
or deemed issued or issuable upon conversion or exercise of any equity-linked securities or rights issued or deemed issued, by us in
connection with or in relation to the consummation of the initial business combination, and excluding any shares or equity- linked securities
or rights exercisable for or convertible into shares issued, or to be issued, to any seller in the initial business combination. Any
such issuance would result in the issuance of additional shares to the initial stockholders unless they waive their anti-dilution rights.

The issuance of additional shares of common stock or shares of preferred
stock:

| · | may significantly dilute the equity interest of investors                                                                            
 in this offering;                                                                                                                    |
| · | may subordinate the rights of holders of common stock                                                                                
 if shares of preferred stock are issued with rights senior to those afforded our common stock;                                       |
| · | could cause a change in control if a substantial number                                                                              
 of shares of common stock is issued, which may affect, among other things, our ability to use our net operating loss carry forwards, 
 if any, and could result in the resignation or removal of our present officers and directors;                                        |
| · | may adversely affect prevailing market prices for our                                                                                
 units, common stock and/or rights;                                                                                                   |

| · | may make us a less attractive                                                                     
 target and thereby make it more difficult for us to complete an initial business combination; and |

| · | may impact our ability to complete                                                                                     
 a financing in connection with our initial business combination or the price at which such financing may be completed. |

We may issue shares of our common stock to investors in connection with our initial business combination at a price which is less than the prevailing market price of our of common stock at that time.

In connection with our initial business combination, we may issue
shares of common stock to investors in private placement transactions (so-called PIPE transactions) at a price of $10.00 per share, or
at a price which approximates the per-share amounts in our trust account at such time, which is generally approximately $10.10 per share
(or $10.087 per share if the underwriters exercise their over-allotment option in full). The purpose of such issuances will be to enable
us to provide sufficient liquidity to the post-business combination entity and to complete the business combination. Such arrangements
result in costs particular to the business combination process that would not generally be incurred in