Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 101

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 101
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 serve as an officer or director. We believe we substantially benefit from having representatives who bring significant, relevant and valuable experience to our management, and, as a result, the inclusion of the “corporate opportunity” waiver in our amended and restated certificate of incorporation will provide us with greater flexibility to attract and retain the officers and directors that we feel are the best candidates. However, based on the existing relationships of our sponsor, directors and officers, their level of financial investment in us and the potential loss of such investment if no business combination is consummated, the fact that we may consummate a business combination with a target in a broad range of sectors, and that the type of transaction that we would target would be of a nature substantially different than what they would target, we do not believe that the fiduciary duties or contractual obligations of our officers or directors will materially affect our ability to complete our initial business combination. Further, other than the companies named under the section entitled “ Proposed Business – Our Management Team – Prior SPAC Experience,” none of our management teams’ business affiliations are actively engaged in the business of acquiring a company.

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Mr. Baqar serves as the Chief Financial Officer of Aldel Financial
II Inc., which is a special purpose acquisiton company in the process of completing their IPO. Our sponsor and our officers
and directors or any of their affiliates may also sponsor or form other special purpose acquisition companies similar to ours or may
pursue other business or investment ventures during the period in which we are seeking an initial business combination. As a result,
our sponsor, officers and directors could have conflicts of interest in determining whether to present business combination opportunities
to us or to any other special purpose acquisition company with which they may become involved. Any such companies, businesses or investments
may present additional conflicts of interest in pursuing an initial business combination. Other than Aldel Financial II Inc., which is
a special purpose acquisition company affiliated with Mr. Baqar, as discussed under the section entitled “Proposed Business – Our Management Team – Prior SPAC Experience,” the other entities to which our officers and directors currently
owe fiduciary duties or contractual obligations are not themselves in the business of engaging in business combinations. While there
is no formal commitment to proceed in this manner, Mr. Baqar, to the extent that he is presented with opportunities that could benefit
a SPAC, plans to give the first suitable transaction opportunity to Aldel Financial II Inc.