Company: FGMCU
Filing Date: 2025-09-18
Form Type: S-4
Source: 0001104659-25-091249
Chunk: 276

Company: FG Merger II Corp.
Filing Date: 2025-09-18
Form: S-4
Chunk 276
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141
BOXABL STOCKHOLDER PROPOSAL NO. 1: THE BOXABL BUSINESS COMBINATION PROPOSAL Overview The BOXABL Business Combination Proposal-BOXABL is asking its stockholders to approve and adopt the Merger Agreement. BOXABL stockholders should read carefully this joint proxy statement/prospectus in its entirety for more detailed information concerning the Merger Agreement, a copy of which is attached as Annex A to this joint proxy statement/prospectus. Please see “ FGMC Stockholder Proposal No. 1: The Business Combination Proposal-The Merger Agreement” for additional information and a summary of certain terms of the Merger Agreement. You are urged to read carefully the Merger Agreement in its entirety before voting on this proposal. The BOXABL Board of Directors’ Reasons for the Business Combination On July 25, 2025, the BOXABL board of directors by unanimous vote (i) approved and adopted the Merger Agreement and related transaction agreements and the transactions contemplated thereby (including the Business Combination), (ii) determined that the Business Combination is advisable and fair to, and in the best interests of, BOXABL and its stockholders and (iii) recommended that BOXABL stockholders approve and adopt the Merger Agreement and the transactions contemplated thereby (including the Business Combination). After weighing various considerations, including potential benefits of promptly proceeding with the announcement of the proposed Business Combination, the members of the BOXABL board of directors determined that the Business Combination was in the best interests of BOXABL and its stockholders and unanimously approved the Business Combination. In evaluating the Business Combination, the BOXABL board of directors consulted with BOXABL’s management, business advisors, stockholders and legal advisors and considered a range of factors, including, but not limited to, the factors discussed below. In light of the number and wide variety of factors considered in connection with its evaluation of the Business Combination, the BOXABL board of directors did not consider it practicable to, and did not attempt to, quantify or otherwise assign relative weights to the specific factors that it considered in reaching its determination and supporting its decision. The BOXABL board of directors viewed its decision as being based on all the information available and the factors presented to and considered by it. In addition, individual directors may have given different weight to different factors. In particular, the BOXABL board of directors considered, among other things, the following factors, although not weighted or in any order of significance:

| ● | Optimal Path to Support Growth. The BOXABL board of directors determined, after a thorough