Company: FGMCU
Filing Date: 2025-12-30
Form Type: S-4/A
Source: 0001104659-25-124947
Chunk: 451

Company: FG Merger II Corp.
Filing Date: 2025-12-30
Form: S-4/A
Chunk 451
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 proceeding in advance of its final disposition. The Combined Company will also obtain a policy of directors’ and officers’ liability insurance that insures its officers and directors against the cost of defense, settlement or payment of a judgment in some circumstances and insures the Combined Company against its obligations to indemnify officers and directors. These provisions may discourage stockholders from bringing a lawsuit against the Combined Company’s directors and officers for breach of their fiduciary duty. These provisions also may have the effect of reducing the likelihood of derivative litigation against officers and directors, even though such an action, if successful, might otherwise benefit the Combined Company and its stockholders. Furthermore, a stockholder’s investment may be adversely affected to the extent the Combined Company pays the costs of settlement and damage awards against officers and directors pursuant to these indemnification provisions. The Combined Company believes that these provisions, the directors’ and officers’ liability insurance and the indemnity agreements are necessary to attract and retain talented and experienced officers and directors.

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EXECUTIVE OFFICER AND DIRECTOR COMPENSATION All share counts in this section are shown on a pre-Business Combination basis. The following discussion contains forward looking statements that are based on BOXABL’s current plans, considerations, expectations and determinations regarding the Combined Company’s future compensation programs. The actual amount and form of compensation and the compensation policies and practices that the Combined Company adopt in the future may differ materially and adversely from currently planned programs as summarized in this discussion. As an emerging growth company, BOXABL has opted to comply with the executive compensation disclosure rules applicable to “smaller reporting companies,” as such term is defined in the rules promulgated under the Securities Act. The compensation provided to BOXABL’s named executive officers for the fiscal years ended December 31, 2024, and 2023 is detailed in the Summary Compensation Table and accompanying footnotes and narrative that follow. BOXABL’s named executive officers for the fiscal year ended December 31, 2024, include Messrs. Paolo Tiramani, Galiano Tiramani and Martin Noe Costas, each will be executive officers of the Combined Company, are:

| ● | Paolo Tiramani, Co-Chief Executive Officer |

| ● | Galiano Tiramani, Co-Chief Executive Officer |

| ● | Martin Noe Costas, Chief Financial Officer and Treasurer |

Executive Officer Compensation Messrs. Paolo and Galiano Tiramani and Mr. Costa receive compensation for acting in their capacities as BOXABL’s executive officers. BOX