Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 4

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 4
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 outside the trust account. Additionally, we will repay up to $150,000 in loans made
to us by our sponsor to cover offering-related and organizational expenses and we will reimburse our sponsor an amount equal to $15,000
per month for office space, administrative and support services made available to us, as described elsewhere in this prospectus. We will
repay any loans which may be made by our sponsor or an affiliate of our sponsor or certain of our directors and officers to finance transaction
costs in connection with an intended initial business combination; up to $1,500,000 of such loans may be convertible into private units
at a price of $10.00 per unit at the option of the lender. Upon consummation of this offering, we will also reimburse our sponsor, directors
or officers, or our or any of their respective affiliates for any out-of-pocket expenses related to identifying, investigating and completing
an initial business combination.

The following table illustrates the difference
between the public offering price per unit and our net tangible book value per share, as adjusted to reflect various potential redemption
levels that may occur in connection with the closing of our initial business combination, which we refer to as “NTBV,” on
a pro forma basis to give effect to this offering and the issuance of the private units and the $15 Exercise Price Warrants, assuming
no exercise of the over-allotment option and exercise of the over-allotment option in full. NTBV excludes the effect of the consummation
of our initial business combination or any related transactions or expenses. See the Section entitled “Dilution”
of this prospectus for additional information.

| As of September 30,                             
 2024                                            |     |                |     |            |     |                |     |            |     |                |     |                |     |            |     |            |
|:------------------------------------------------|:----|---------------:|:----|-----------:|:----|---------------:|:----|-----------:|:----|---------------:|:----|---------------:|:----|-----------:|:----|-----------:|
| Offering                                        
 Price of                                        
 $10.00 per unit                                 |     | 25% of Maximum 
     Redemption |     |            |     | 50% of Maximum 
     Redemption |     |            |     | 75% of Maximum 
     Redemption |     |                |     |    Maximum 
 Redemption |     |            |
| NTBV                                            |