Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 177

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 177
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 acquisition target that subsequently declines in value and is unprofitable for public stockholders.If we
are unable to complete our initial business combination within the completion window, or by such earlier liquidation date as our board
of directors may approve, the founder shares, private units (and the underlying securities) and the $15 Exercise Price Warrants (and
the underlying securities) will be worthless, except to the extent they receive liquidating distributions from assets 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.

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The following table sets forth the payments to be received by our
sponsor and its affiliates from us prior to or in connection with the completion of our initial business combination and the securities
issued and to be issued by us to our sponsor or its affiliates:

| Entity/Individual          |     | Amount                                                                                                                             
 of Compensation to be                                                                                                              
 Received or Securities Issued or to be                                                                                             
 Issued                                                                                                                             |     |                                                                                          Consideration 
                                                                                     Paid or to be Paid |
| FG Merger Investors II LLC |     | 2,000,000 shares of common stock(1)                                                                                                |     |                                                                                                $25,000 |
|                            |     | 223,300 private units(1)                                                                                                           |     |                                                                                             $2,233,000 |
|                            |     | Up to $150,000                                                                                                                     |     |              Repayment of loans made to us by our sponsor to cover offering-related and organizational 
                                                                                              expenses. |
|                            |     | 1,000,000 $15 Exercise Price Warrants                                                                                              |     |