Company: FGMCU
Filing Date: 2025-09-18
Form Type: S-4
Source: 0001104659-25-091249
Chunk: 286

Company: FG Merger II Corp.
Filing Date: 2025-09-18
Form: S-4
Chunk 286
---
, or any considerations in respect of any withholding required pursuant to the Foreign Account Tax Compliance Act of 2010 (including the Treasury Regulations promulgated thereunder and intergovernmental agreements entered into in connection therewith and any laws, regulations or practices adopted in connection with any such agreement). If a partnership (or other entity or arrangement classified as a partnership for U.S. federal income tax purposes) holds FGMC Public Shares or BOXABL Common Stock, the U.S. federal income tax treatment of the partners in the partnership generally will depend upon the status of the partner, the activities of the partner and the partnership and certain determinations made at the partner level. Accordingly, partners in partnerships holding FGMC Public Shares or BOXABL Common Stock should consult their tax advisors as to the particular tax consequences to them of (i) the redemption of FGMC Public Shares or (ii) the exchange of BOXABL Common Stock for Combined Company Common Stock. For purposes of this discussion, a “U.S. holder” means a beneficial owner of FGMC Public Shares or BOXABL Common Stock that is, for U.S. federal income tax purposes:

| ● | an individual who is a citizen or resident of the United States; |

| ● | a corporation (or other entity taxable as a corporation for U.S. federal income tax purposes) created or organized in or under the laws of the United States, any state thereof or the District of Columbia; |

| ● | an estate the income of which is subject to U.S. federal income tax purposes regardless of its source; or |

| ● | a trust, if (i) a court within the United States is able to exercise primary supervision over the administration of such trust and one or more “United States persons” (within the meaning of the Code) have the authority to control all substantial decisions of the trust or (ii) the trust validly elected to be treated as a United States person for U.S. federal income tax purposes. |

Also, for purposes of this discussion, a “Non-U.S. holder” means a beneficial owner of FGMC Public Shares or BOXABL Common Stock that is neither a U.S. holder nor an entity or arrangement treated as a partnership for U.S. federal income tax purposes. THE U.S. FEDERAL INCOME TAX TREATMENT OF THE TRANSACTIONS DISCUSSED HEREIN TO ANY PARTICULAR STOCKHOLDER WILL DEPEND ON THE STOCKHOLDER’S PARTICULAR TAX CIRCUMSTANCES. YOU ARE URGED TO CONSULT YOUR TAX ADVISOR