Company: FGMCU
Filing Date: 2025-12-30
Form Type: S-4/A
Source: 0001104659-25-124947
Chunk: 6

Company: FG Merger II Corp.
Filing Date: 2025-12-30
Form: S-4/A
Chunk 6
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On August 21, 2024, FGMC issued a dividend of approximately 0.066 Founder Shares for every issued and outstanding Founder Share resulting in the Initial Stockholders holding an aggregate of 2,300,000 Founder Shares, an increase of 143,750 compared to 2,156,250 initial Founder Shares issued.

On January 30, 2025, FGMC consummated its IPO of 8,000,000 units at $10.00 per unit (the “ Units”). Each Unit consists of one share of FGMC Common Stock, par value $0.0001 per shares (“ Public Shares”) and one right to receive one-tenth common share (“ Public Right”). The Units were sold at a price of $10.00 per Unit, generating gross proceeds to FGMC of $80,000,000. Simultaneously with the closing of the IPO, FGMC consummated the private placement (“ Private Placement”) in which i) FG Merger Investors II LLC (the “ Sponsor”) and Ramnarain Joseph Jaigobind purchased 223,300 and 25,000 private units (the “ Private Units”) respectively, at a price of $10.00 per Private Unit, generating total proceeds of $2,483,000 and ii) the Sponsor purchased in aggregate of 1,000,000 $15.00 exercise price warrants (the “ $15 Private Warrants”) at a price of $0.10 per $15 Private Warrant, each exercisable to purchase one share of FGMC Common Stock at $15.00 per share, for an aggregate purchase price of $100,000. Each Private Unit consists of one common share and one right (“ Private Unit Right”). Each whole Private Unit Right entitles the holder to convert the right to one-tenth share of FGMC Common Stock. Each $15 Private Warrant entitles the holder to purchase one share of Common Stock at an exercise price of $15.00 per each share, will be exercisable for a period of 10 years from the date of the Business Combination, will be non-redeemable, and may be exercised on a cashless basis. Additionally, $15 Private Warrants and the shares issuable upon the exercise of the $15 Private Warrants are not to be transferable, assignable or salable until after the completion of a business combination, subject to certain limited exceptions. On February 5, 2025, the underwriters elected to terminate their over-allotment