Company: FGMCU
Filing Date: 2025-12-30
Form Type: S-4/A
Source: 0001104659-25-124947
Chunk: 345

Company: FG Merger II Corp.
Filing Date: 2025-12-30
Form: S-4/A
Chunk 345
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 the maximum redemptions. |

| D. | Represents the exchange of outstanding BOXABL common shares into 247,331,061 shares of Combined Company at par value of $0.0001 per share upon the closing of Business Combination. This amount includes the BOXABL convertible securities including Stock Option, Warrants and Restricted Stock Units being exchanged for common shares. |

179

| E. | Represents the exchange of outstanding BOXABL preferred shares into 102,668,939 shares of Combined Company Merger Preferred Stock at par value of $0.0001 per share upon the Business Combination. |

| F. | Represents the elimination of FGMC historical accumulated earnings. |

| G. | Represents the conversion of Public Rights, rights underlying the Private Units, rights underlying the Underwriter and Advisors Units into Combined Company’s common stock upon Business Combination |

Note 5 — Adjustments and Reclassifications to Unaudited Pro Forma Condensed Combined Statement of Operations for the nine months ended September 30, 2025 and for the Year Ended December 31, 2024 The Pro Forma adjustments included in the unaudited Pro Forma condensed combined statement of operations for the nine months ended September 30, 2025 and for the year ended December 31, 2024, are as follows:

Note 6 — Net Earnings per Share Represents the earnings per share calculated using the historical weighted average shares outstanding, and the issuance of additional shares in connection with the Business Combination, assuming the shares were outstanding since January 1, 2024. As the Business Combination is being reflected as if it had occurred at the beginning of the period presented, the calculation of weighted average shares outstanding for basic and diluted earnings per share assumes that the shares issued in connection with the Business Combination have been outstanding for the entire period presented. If the number of Public Shares described under the “maximum Redemptions” scenario described above are redeemed, this calculation is retroactively adjusted to eliminate such shares for the entire period. The unaudited Pro Forma condensed combined financial information has been prepared, assuming two alternative levels of Redemption of FGMC Public Shares:

|                                                     | ​     |             |             | ​     |              |             | ​     |            |             |
| ​                                                   | ​ ​ ​ | Assuming No 
 Redemption  |             | ​ ​ ​ | Assuming 50% 
 Redemption   |             | ​ ​ ​ | Assuming   
 maximum    
 Redemption |             |
| FGMC public shareholders                            | ​     | ​           |