Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 264

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 264
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 with the interested stockholder or an affiliate or associate of the interested stockholder under any
agreement, arrangement or understanding, whether or not in writing, and (v) certain other transactions having the effect of increasing
the proportionate share of voting securities beneficially owned by the interested stockholder or an affiliate or associate of the interested
stockholder.

In general, an “interested stockholder”
means any person who (i) beneficially owns, directly or indirectly, 10% or more of the voting power of the outstanding voting shares
of a corporation, or (ii) is an affiliate or associate of the corporation that beneficially owned, within two years prior to the
date in question, 10% or more of the voting power of the then-outstanding shares of the corporation.

We have opted out of the protections of Sections
78.411 to 78.444, inclusive, of the NRS in our amended and restated articles of incorporation until our founder ceases to beneficially
own at least 15% of our outstanding shares of common stock.

Our authorized but unissued common stock and
preferred stock are available for future issuances without stockholder approval and could be utilized for a variety of corporate purposes,
including future offerings to raise additional capital, acquisitions and employee benefit plans. The existence of authorized but unissued
and unreserved common stock and preferred stock could render more difficult or discourage an attempt to obtain control of us by means
of a proxy contest, tender offer, merger or otherwise.

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Control Share Acquisitions

The “control share” provisions of Sections
78.378 to 78.3793, inclusive, of the NRS apply to “issuing corporations” that are Nevada corporations doing business, directly
or through an affiliated corporation, in Nevada, and having at least 200 stockholders of record, including at least 100 of whom have
addresses in Nevada appearing on the stock ledger of the corporation at all times during the 90 immediately preceding days. We will not
be subject to these “control share” provisions unless we do business in Nevada. The control share statute prohibits an acquirer,
under certain circumstances, from voting its “control shares” of an issuing corporation’s stock after crossing certain
ownership threshold percentages, unless the acquirer obtains approval of the issuing corporation’s disinterested stockholders or
unless the issuing corporation amends its articles of incorporation or bylaws within 10 days of the acquisition. The statute specifies
three thresholds