Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 236

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 236
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 Investors II LLC are made jointly by the three managers and no one individual   
 has a controlling decision. Under the so-called “rule of three,” because voting and dispositive decisions are made jointly                
 by three managers, none of the managers is deemed to be a beneficial owner of securities held by FG Merger Investors II LLC. Accordingly, 
 none of the managers of FG Merger Investors II LLC is deemed to have or share beneficial ownership of the securities held by FG Merger    
 Investors II LLC.                                                                                                                         |
| (4) | Includes up to 300,000 founder shares that will be forfeited                                                                              
 by the sponsor depending on the extent to which the underwriters’ over-allotment option is exercised.                                     |

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Immediately after this offering, our initial stockholders will beneficially
own 20.0% of the then issued and outstanding common stock (assuming they do not purchase any units in this offering and excluding the
shares of common stock underlying the public rights, the Underwriter Units and the units issuable upon conversion of any working capital
loans). Because of this ownership block, our initial stockholders may be able to effectively influence the outcome of all other matters
requiring approval by our stockholders, including amendments to our amended and restated articles of incorporation and approval of significant
corporate transactions including our initial business combination.

Our sponsor (and/or its designees) has committed, pursuant to a
written agreement, to purchase an aggregate of 1,000,000 $15 Exercise Price Warrants, exercisable for one share of common stock at $15.00
per share for an aggregate purchase price of $100,000, or $0.10 per $15 Exercise Price Warrant, in private placements that will occur
simultaneously with the closing of this offering. In addition, our sponsor (and/or its designees) has committed, pursuant to a written
agreement, to purchase an aggregate of 2483,00 private units at $10.00 per unit, or $2,483,000 in the aggregate. A portion of the purchase
price of the $15 Exercise Price Warrants and the private units will be added to the proceeds from this offering to be held in the trust
account such that at the time of closing of this offering $80,800,000 ($10.10 per share), or $92,800,000 ($10.087 per share) if the underwriters
exercise their over-all