Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 232

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 232
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 the completion of our initial business
combination, such persons may have a conflict of interest in determining whether a particular target business is an appropriate business
with which to effectuate our initial business combination as any such fee may not be paid unless we consummate such business combination.

We are not prohibited from pursuing an initial business combination
with a business combination target that is affiliated with our sponsor, officers or directors or completing the business combination
through a joint venture or other form of shared ownership with our sponsor, officers or directors; accordingly, such affiliated person(s)
may have a conflict of interest in determining whether a particular target business is an appropriate business with which to effectuate
our initial business combination as such affiliated person(s) would have interests different from our public stockholders and would likely
not receive any financial benefit unless we consummated such business combination. In the event we seek to complete our initial business
combination with a business combination target that is affiliated with our sponsor, executive officers or directors, we, or a committee
of independent directors, would obtain an opinion from an independent investment banking which is a member of FINRA or a valuation or
appraisal firm, that such initial business combination is fair to our company from a financial point of view. We are not required to
obtain such an opinion in any other context. Furthermore, in no event will our sponsor or any of our existing officers or directors,
or any of their respective affiliates, be paid by the company any finder’s fee, consulting fee or other compensation prior to,
or for any services they render in order to effectuate, the completion of our initial business combination.

Further, commencing on the date our securities are first listed on
NASDAQ, we will also pay our sponsor $15,000 per month for office space, secretarial and administrative services provided to members
of our management team.

We cannot assure you that any of the above mentioned conflicts will
be resolved in our favor.

In the event that we submit our initial business combination to our
public stockholders for a vote, our initial stockholders and holders of Underwriter Shares have agreed to vote their founder shares and
Underwriter Shares, and our initial stockholders and the other members of our management team have agreed to vote any founder shares
they hold and any shares purchased during or after the offering in favor of our initial business combination.

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Limitation on Liability and Indemnification of Officers and Directors

Our amended and restated articles of incorporation will provide