Company: FGMCU
Filing Date: 2025-12-30
Form Type: S-4/A
Source: 0001104659-25-124947
Chunk: 274

Company: FG Merger II Corp.
Filing Date: 2025-12-30
Form: S-4/A
Chunk 274
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 Texas corporation may increase or decrease its authorized shares only by amending its certificate of formation, which generally requires approval by both the board of directors and the stockholders. Unless the certificate of formation provides otherwise, at least two-thirds of the outstanding shares entitled to vote must approve the amendment, although the certificate of formation may specify a lower threshold, provided it is not less than a majority. In addition, a Texas corporation’s board of directors does not have the authority to unilaterally change the number of authorized shares or effect a stock split without obtaining stockholder approval. If the proposed amendment would alter the rights, preferences, or limitations of any class or series of shares, a separate vote of the affected class or series may also be required. Appraisal rights are generally available to stockholders of a Texas corporation when the corporation engages in certain fundamental transactions, such as mergers, interest exchanges, or sales of all or substantially all of its assets, and the stockholders are entitled to dissent from the transaction. |
|                          |       | The Nevada Articles of Incorporation authorize FGMC to issue 104,000,000 shares with $0.0001 par value per share, consisting of 100,000,000 shares of common stock and 4,000,000 shares of preferred stock. Under the Nevada Articles of Incorporation and the Nevada Bylaws, the Board                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |       | The Proposed Charter of the Combined Company authorizes the issuance of [●] shares of capital stock, consisting of: (i) [●] shares of Combined Company Class A Common Stock, (ii) [●] shares of Combined Company Class B Common Stock, (iii) [●] shares of Combined Company Merger                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |

131

| Provisions           | ​ ​ ​ | FGMC-NV (Nevada law)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    | ​ ​ ​ | FGMC-TX (Texas law)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|                      |       | has discretion to issue the shares of preferred stock in one or more series in such amounts and with such designations, powers, preferences and other rights as stated in the resolution adopted by the Board, subject to certain limitations that terminate upon the consummation of FGMC’s initial business combination.                                                                                                                                                                                                                                                                                                                                                                                              |       | Preferred Stock, and (iv) [●] shares of Combined Company Preferred Stock.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| Number of Directors  |       |