Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 210

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 210
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 we have total
annual gross revenue of at least $1.235 billion, or (c) in which we are deemed to be a large accelerated filer, which means the
market value of our shares of common stock that are held by non-affiliates exceeds $700 million as of the prior June 30,
and (2) the date on which we have issued more than $1.0 billion in non-convertible debt securities during the prior three-year period.

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Additionally, we are a “smaller reporting company” as
defined in Item 10(f)(1) of Regulation S-K. Smaller reporting companies may take advantage of certain reduced disclosure obligations,
including, among other things, providing only two years of audited financial statements. We will remain a smaller reporting company until
the last day of the fiscal year in which (1) the market value of our common stock held by non-affiliates exceeds $250 million as
of the end of that year’s second fiscal quarter, or (2) our annual revenues exceeded $100 million during such completed fiscal
year and the market value of our common stock held by non-affiliates exceeds $700 million as of the end of that year’s second fiscal
quarter.

Legal Proceedings

There is no material litigation, arbitration or governmental proceeding
currently pending against us or any members of our management team in their capacity as such.

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MANAGEMENT</div>

Officers and Directors

Our officers and directors are as follows:

| Name                |     | Age |     | Position                |
| Larry G. Swets, Jr. |     |  50 |     | Chief Executive Officer |
| Hassan R. Baqar     |     |  47 |     | Chief Financial Officer |
| Scott D. Wollney    |     |  55 |     | Chairman of the Board   |
| Andrew B. McIntyre  |     |  62 |     | Director                |
| Richard E. Govignon |     |  47 |     | Director                |

Larry G. Swets, Jr. has served as our Chief Executive Officer since inception. Mr. Swets has over 25 years of experience
within financial services encompassing both non-executive and executive roles. Mr. Swets founded Itasca Financial LLC, an advisory
and investment firm, in 2005 and has served as its managing member since inception. Mr. Swets also founded