Company: FGMCU
Filing Date: 2025-12-30
Form Type: S-4/A
Source: 0001104659-25-124947
Chunk: 571

Company: FG Merger II Corp.
Filing Date: 2025-12-30
Form: S-4/A
Chunk 571
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 standards until those standards would otherwise apply to non-public companies. The Company has elected to take advantage of this extended transition period and as a result, the Company is not required to adopt new or revised accounting standards on effective dates as they become applicable to public companies. The unaudited interim condensed consolidated financial statements include the accounts of the Company and its consolidated subsidiaries. All intercompany transactions and balances have been eliminated in consolidation. Amounts are expressed in US dollars, rounded to the nearest Thousandth (‘000’). The Company’s fiscal year is December 31. Merger Agreement On August 4, 2025, the Company entered into an Agreement and Plan of Merger (as amended, the “ Merger Agreement ”) by and among the Company, FG Merger II Corp., a Nevada corporation (“ FGMC ”), and FG Merger Sub II Inc., a Nevada corporation and wholly-owned subsidiary of FGMC (“ Merger Sub ”). The Merger Agreement provides for a two-step merger transaction (the “ Mergers ”) in which, first, Merger Sub will merge with and into the Company (the “ First Merger ”), with the Company surviving as a wholly-owned subsidiary of FGMC, and, immediately thereafter, the Company (as the surviving company in the First Merger) will merge with and into FGMC (the “ Second Merger ”), with FGMC continuing as the surviving public company (the “ Surviving Pubco ”). By virtue of the consummation of the Mergers, the Surviving Pubco will change its name to BOXABL Inc. The Boards of Directors of the Company, FGMC, and Merger Sub have unanimously approved the Merger Agreement and the transactions contemplated thereby. At the effective time of the First Merger, each share of the Company’s common stock (other than certain excluded shares and any shares held by stockholders who properly exercise and do not lose their dissenter’s rights under applicable Nevada law) will be converted into the right to receive a number of shares of common stock of the Surviving Pubco, as determined by the Common Exchange Ratio. Each share of the Company’s preferred stock will be converted into the right to receive the applicable merger consideration as set forth in the Merger Agreement. Outstanding Company warrants and other convertible securities will be assumed by the Surviving Pubco and become exercisable for shares of Surviving Pubco common stock, subject to adjustment as provided in the Merger Agreement. The transaction is intended to qualify as a “reorganization”