Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 302

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 302
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 |  (2,366 | ) |

<div align='center'>The accompanying notes are an integral part of
the financial statements.

F-4

FG Merger II Corp.

Statement of Cash Flows

For the nine month period ended September 30, 2024</div>

| Cash flows from operating activities                            
 Net loss                                                        
 Adjustments to reconcile net loss to net cash used in operating 
 activities:                                                     
 Changes in operating assets and liabilities:                    
 Deferred offering cost                                          
 Accrued offering cost                                           
 Accounts payable                                                
 Net cash provided(used)                                         
 by operating activities                                         
 Cash flows from financing activities                            
 Promissory note                                                 
 Founder share issuance                                          
 Net cash provided by operating                                  
 activities                                                      
 Net increase(decrease) in cash                                  
 Cash at beginning of period                                     
 Cash at end of period                                           
 Supplemental diclosure for non-cash financing activities        
 Taxes                                                           
 paid                                                            |     | Nine months   
 ended         
 September 30, 
 2024          
 (unaudited)   | (25,584 
  (3,081 
  (7,447 
  32,967 
  (3,145 
       - 
       - 
       - 
  (3,145 
  56,248 
  53,103 
       - | ) 
 ) 
 ) 
 ) 
 ) |     | For the period   
 September 30,    
 2023 (inception) 
 To December 31,  
 2023             
 (audited)        | (1,782   
 (114,670 
 20,939   
 1,761    
 (93,752  
 125,000  
 25,000   
 150,000  
 56,248   
 -        
 56,248   
 -        | ) 
 ) 
 ) |
|:----------------------------------------------------------------|:----|:--------------|--------:|:--|:----|:-----------------|:---------|:--|
| Stock Divided                                                   |     | $             |      14 |   |     |                  | -        |   |

<div align='center'>The accompanying notes are an integral part of
the financial statements.

F-5

NOTE 1. DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS</div>

FG Merger II Corp. (the “Company”) is a blank check company
incorporated in Nevada on September 20, 2023. The Company was formed for the purpose of merger,