Company: FGMCU
Filing Date: 2025-09-18
Form Type: S-4
Source: 0001104659-25-091249
Chunk: 53

Company: FG Merger II Corp.
Filing Date: 2025-09-18
Form: S-4
Chunk 53
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 similar business combination, with one or more businesses. |

On August 4, 2025, the FGMC board of directors unanimously (i) approved the Conversion and the Merger Agreement and related transaction agreements and the transactions contemplated thereby (including the Conversion and the Business Combination), (ii) determined that the Conversion and the Business Combination is advisable and fair to, and in the best interests of, FGMC and its stockholders, and (iii) recommended that FGMC’s stockholders approve and adopt the Merger Agreement and the transactions contemplated thereby (including the Business Combination). In evaluating the Business Combination and making these determinations and this recommendation, the FGMC board of directors consulted with FGMC’s management and advisors and considered a number of factors, which are described in “ FGMC Stockholder Proposal No. 1: The Business Combination Proposal- FGMC’s Board of Directors’ Reasons for the Business Combination.” Although the FGMC board of directors believes that the Business Combination with BOXABL presents a unique business combination opportunity and is in the best interests of FGMC and its stockholders, the FGMC board of directors did consider certain potentially material negative factors in arriving at that conclusion. These factors are discussed in greater detail in the section entitled “ FGMC Stockholder Proposal No. 1: The Business Combination Proposal- FGMC’s Board of Directors’ Reasons for the Business Combination,” as well as in the section entitled “ Risk Factors.” You should be aware that FGMC’s directors and executive officers may have interests in the Business Combination as individuals that are in addition to, and may be different from, the interests of FGMC’s stockholders generally. See the section entitled “ FGMC Stockholder Proposal No. 1: The Business Combination Proposal-Interests of FGMC’s Directors and Executive Officers in the Business Combination.”

| Q: | Why is BOXABL proposing the Business Combination? |

In evaluating the Business Combination, the BOXABL board of directors consulted with BOXABL management, business advisors, stockholders and legal advisors and considered a range of factors and risks. For a description of the BOXABL board of directors’ reasons for approving the Business Combination, including factors and risks considered by the BOXABL board of directors, see the section entitled “ BOXABL Stockholder Proposal No. 1: The BOXABL Business Combination Proposal-The BOXABL Board of Directors’ Reasons for the Business Combination.” You should be aware that BOXABL’s directors and executive officers may have interests in the Business Combination as individuals that are in addition to, and may be different