Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 252

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 252
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 have our initial business combination approved. Additionally, each public stockholder may elect to redeem their public shares irrespective of whether they vote for or against the proposed transaction. Public stockholders who sell or redeem their stock into their share
of the trust account still have the right to convert the rights that they received as part of the units.

Pursuant to our amended and restated articles of incorporation, we
have until the completion window to consummate our initial business combination. If we anticipate that we may be unable to consummate
our initial business combination within such 24-month period, we may seek stockholder approval to amend our amended and restated articles
of incorporation to extend the date by which we must consummate our initial business combination. If we seek stockholder approval for
an extension, holders of public shares will be offered an opportunity to redeem their shares at a per share price, payable in cash, equal
to the aggregate amount then on deposit in the trust account, including interest earned thereon (which interest shall be net of funds
withdrawn for working capital purposes (not to exceed $1,000,000 annually) and taxes payable), divided by the number of then issued and
outstanding public shares, subject to applicable law. If we are unable to complete our initial business combination within the completion
window, we will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but
no more than ten business days thereafter, redeem the public shares, at a per-share price, payable in cash, equal to the aggregate amount
then on deposit in the trust account, including interest earned on the funds held in the trust account (which interest shall be net of
funds withdrawn for working capital purposes (not to exceed $1,000,000 annually) and taxes payableand up to $100,000 of interest
to pay dissolution expenses), divided by the number of then outstanding public shares, which redemption will completely extinguish public
stockholders’ rights as stockholders (including the right to receive further liquidating distributions, if any), and (iii) as
promptly as reasonably possible following such redemption, subject to the approval of our remaining stockholders and our board of directors,
liquidate and dissolve, subject in each case to our obligations under Nevada law to provide for claims of creditors and the requirements
of other applicable law. Our initial stockholders and the underwriters have entered into agreements with us, pursuant to which they have
agreed to waive their