Company: FGMCU
Filing Date: 2025-09-18
Form Type: S-4
Source: 0001104659-25-091249
Chunk: 7

Company: FG Merger II Corp.
Filing Date: 2025-09-18
Form: S-4
Chunk 7
---
 any financing and cash from the trust account (the “ Trust Account”), to pay certain transaction expenses incurred by FGMC in connection with the Business Combination and to reimburse or pay the Sponsor for any outstanding loans or other obligations of FGMC to the Sponsor. The retention of shares by the Sponsor and its affiliates and the reimbursement payable to the Sponsor at the Closing will not result in a material dilution of the equity interests of non-redeeming FGMC public stockholders. For additional information, see “ FGMC Stockholder Proposal No. 1: The Business Combination Proposal-Compensation Received by the Sponsor and its Affiliates ” and “ Unaudited Pro Forma Condensed Combined Financial Information ” in the accompanying joint proxy statement/prospectus. Conflicts of Interest Since the Sponsor, its affiliates, representatives and the FGMC officers, directors and advisors (the “ Sponsor Related Parties”), have interests that are different, or in addition to (and which may conflict with), the interests of the other holders of FGMC Common StockFGMC Common Stock, a conflict of interest may exist in determining whether the Business Combination with BOXABL is appropriate. Such interests include that the Sponsor Related Parties will lose their entire investment in FGMC if FGMC does not complete a business combination. When you consider the recommendation of the FGMC Board in favor of approval of the Business Combination Proposal and the other proposals, you should keep in mind that the Sponsor Related Parties have interests in such proposals that are different from, or in addition to, your interests as a stockholder. These interests include, among other things:

| ● | the fact that FGMC has entered into a letter agreement with the Sponsor pursuant to which FGMC is required to pay the Sponsor a total of $15,000 per month for per month for office space, administrative and support services, commencing on the consummation of the IPO. Upon the earlier of the consummation of FGMC’s initial business combination and its liquidation, FGMC will cease paying these monthly fees. Accordingly, assuming the consummation of FGMC’s initial business combination takes until January 30, 2027, the Sponsor will be paid a total of approximately $360,000 for these services; |

| ● | Our Initial Stockholders have agreed not to transfer, assign or sell any of their Founder Shares until: (i) with respect to 50% of the Founder Shares, the earlier of (x) twelve months after the date of the consummation of an initial business combination or (y)