Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 312

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 312
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 determines not to conduct the Proposed Offering.

Due to Sponsor

Included in the accrued offering cost on the Company’s balance
sheet, $25,000 is due to Sponsor for expenses paid by the Sponsor on behalf of the Company.

Administrative Services Agreement

Upon closing of the Proposed Offering, the Company intends to enter
into an administrative services agreement (the “Administrative Services Agreement”) with the Sponsor whereby the Sponsor
will perform certain services for the Company for a monthly fee of $15,000.

Both executive officer and a director of the Company will serve as
managers of the Sponsor at close of the Proposed Offering.

NOTE 6. COMMITMENTS AND CONTINGENCIES

Registration Rights

The holders of the Founder Shares, the Private Units, the $15 Private
Warrants (and their underlying securities) will be entitled to registration rights pursuant to a registration rights agreement to be
signed prior to or on the effective date of the Proposed Offering. The Company will bear the expenses incurred in connection with the
filing of any registration statements pursuant to such registration rights.

Underwriting Agreement

The Company will grant the underwriters a 45-day option to purchase
up to 1,200,000 additional Units to cover over-allotments at the Proposed Offering price.

The underwriter and the manager will be entitled to a underwriting
discount equal to the lesser of (i) 750,000 (ii) an amount equal to $750,000 plus 1% of the gross proceeds from the sale of
the Over-Allotment Units.

Financial Advisor

Upon closing of the Proposed Offering, the Company will pay $250,000
to the financial advisor.

NOTE 7. STOCKHOLDERS’ EQUITY

Common Stock– The Company is authorized to issue 5,000,000
shares of common stock, par value $0.0001. On August 21, 2024, Company issued a dividend of approximately 0.066 founder shares for
every issued and outstanding founder share resulting in our initial stockholders holding an aggregate of 2,300,000 founder shares, an
increase of 143,750 founder compared to 2,156,250 initial founder shares issued.

There were 2,300,000 Founder Shares issued and outstanding as of September 30,
2024. The Founder Shares will be exchanged into shares of common stock prior to or at the completion of the Proposed Offering.

Rights– Public Rights will entitle the holder to
receive one-tenth common