Company: FGMCU
Filing Date: 2025-12-30
Form Type: S-4/A
Source: 0001104659-25-124947
Chunk: 333

Company: FG Merger II Corp.
Filing Date: 2025-12-30
Form: S-4/A
Chunk 333
---
 in an aggregate cash payment of approximately $81.7 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 pro forma condensed financial statements have been prepared assuming no PIPE financing since there is no minimum cash closing condition in the transaction The pro forma condensed financial statements have been prepared assuming all common shares of BOXABL including the convertible securities of BOXABL which includes, stock options, warrants and restricted stock units will exchange into common share of Combined Company at Business Combination closing and all series of preferred shares of BOXABL will exchange in to preferred shares of Combined Company at Business Combination closing.

169

The following table sets out share ownership of FGMC Common Stock on a Pro Forma basis assuming the No Additional Redemptions Scenario and the Maximum Redemptions Scenario:

| ​                                                                                | ​     |                      ​ | ​     |          ​ | ​ |
| ​                                                                                | ​     | No Redemption Scenario |       |            |   |
| ​                                                                                | ​     |                 Shares | ​     | Percentage |   |
| Shares of Combined Company Common Stock held by BOXABL stockholders(1)           | ​ ​ ​ |            247,331,061 | ​ ​ ​ |      68.49 | % |
| Shares of Combined Company Merger Preferred Stock held by BOXABL stockholders(2) |       |            102,668,939 |       |      28.43 | % |
| Shares of Combined Company Common Stock held by Sponsor and affiliates(3)        |       |              2,273,130 |       |       0.63 | % |
| Shares of Combined Company Common Stock held by FGMC public stockholders(4)      |       |              8,800,000 |       |       2.44 | % |
| Shares of Combined Company Common Stock held by FGMC Underwriter and Advisor     |       |                 52,250 |       |       0.01 | % |
| Total                                                                            |       |            361,125,380 |       |      100.0 | % |

| (1) | Consists of 247,331,061 shares of common stock of the Combined Company received by BOXABL stockholders. This includes 231,981,756 shares of common stock of the Combined Company exchanged for shares of common stock and 15,349