Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 6

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 6
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 to maintain the percentage of the founder shares     
 at 20% of the outstanding shares of the combined company upon consummation of an initial business combination, as described in this 
 prospectus                                                                                                                          |     |             Issuance of additional shares of common stock to 
                            the holders of the founder shares |

| (1) | Assumes no exercise of the over-allotment option and                                                                              
 the full forfeiture of 300,000 shares that are subject to forfeiture by our initial stockholders depending on the extent to which 
 the underwriters’ over-allotment option is exercised.                                                                             |

Because our initial stockholders acquired the
founder shares at a nominal price of $0.01, our public stockholders will incur immediate and substantial dilution upon the closing of
this offering, assuming no value is ascribed to the rights included in the units. Further, in the case that additional shares of common
stock or equity-linked securities are issued or deemed issued in excess of the amounts sold in this offering and related to or in connection
with the closing of the initial business combination, we will effect a share capitalization immediately prior to the consummation of
the initial business combination in such amount as to maintain the ownership of the initial stockholders prior to the initial business
combination at 20.0% of the issued and outstanding shares of common stock upon the consummation of the initial business combination (not
including shares of common stock underlying the rights, $15 Exercise Price Warrants, private units, Underwriter Units or EarlyBird Units)
(after giving effect to any redemptions of shares of common stock by public stockholders), including the total number of shares of common
stock issued, or deemed issued or issuable upon conversion or exercise of any equity-linked securities or rights issued or deemed issued,
by us in connection with or in relation to the consummation of the initial business combination, and excluding any shares or equity-
linked securities or rights exercisable for or convertible into shares issued, or to be issued, to any seller in the initial business
combination. See the section titled “Risk Factors — Risks Relating to our Securities — Our sponsor paid an aggregate of $25,000 to cover certain of our offering costs in exchange for 2,300,000 founder shares, or approximately $0.01 per founder share and, accordingly, you will experience immediate and substantial dilution from the purchase of our shares of common stock.”Public
stockholders will experience additional dilution from the issuance of the