Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 61

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 61
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licts     
 of Interest.” As discussed in this prospecus, our amended and restated certificate of incorporation will contain a waiver                
 of the corporate opportunity doctrine. Our officers and directors may from time to time be presented with opportunities that could       
 benefit both another business affiliation and us. Such affiliated entities may compete with us for business combination opportunities.   
 Our sponsor, officers and directors are not currently aware of any specific opportunities for us to complete our initial business        
 combination with any entities with which they are affiliated, and there have been no substantive discussions concerning a business       
 combination with any such entity or entities. Although we will not be specifically focusing on, or targeting, any transaction with       
 any affiliated entities, we would pursue such a transaction if we determined that such affiliated entity met our criteria for a business 
 combination as set forth in “Proposed Business — Business Combination Criteria” and such transaction                                     
 was approved by a majority of our independent and disinterested directors.                                                               |
| Members of our                                                                                                                           
 management team and our independent directors will directly or indirectly own founder shares and/or private placement securities         
 following this offering and, accordingly, 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. The nominal price of $0.01 per share ($25,000         
 in aggregate) that our sponsor, executive officers, and directors (directly or indirectly) paid for the founder shares creates an        
 incentive whereby our officers, and directors could potentially make a substantial profit even if we select an acquisition target        
 that subsequently declines in value and is unprofitable for public shareholders. In addition, while the private placement securities     
 are identical to the securities sold in this offering, subject to certain limited exceptions as described in this prospectus, the        
 $15 Exercise Price Warrants will be non-redeemable and exercisable on a cashless basis. As a result, the sponsor may profit at times     
 when an unaffiliated security holder cannot profit, such as when the public warrants are called for redemption or if the sponsor         
 chooses to utilize the cashless exercise option under circumstances where the public warranholders cannot exercise on a cashless         
 basis. If we are unable to complete our initial business combination within the completion window, the founder shares and private        
 placement securities may expire worthless, except to the extent they receive liquidating distributions from assets outside the trust     
 account, which could create an incentive for our sponsor, executive officers and directors to complete a