Company: FGMCU
Filing Date: 2025-09-18
Form Type: S-4
Source: 0001104659-25-091249
Chunk: 570

Company: FG Merger II Corp.
Filing Date: 2025-09-18
Form: S-4
Chunk 570
---
01 par value, 2.05 billion shares of Series A-2 Preferred Stock of $0.00001 par value, and 900 million shares of unclassified Preferred Stock of $0.00001 par value. On September 1, 2023, the Company filed an amendment to the articles of incorporation which authorized the issuance of 8.75 billion shares of Series A-3 Preferred Stock of $0.00001 par value and increased the amount of authorized unclassified Preferred Stock to 1.25 billion shares. On May 3, 2024, this amendment was refiled and accepted by the state of Nevada following completion of certain validation procedures under Nevada law associated with correcting defective corporate acts as discussed in the Company’s Definitive Information Statement filed with the Commission on March 29, 2024. Effective October 21, 2024, the Company filed an amendment to the articles of incorporation which increased the authorized Common Stock from 6.6 billion shares to 17.8 billion shares of Common Stock, $0.00001 par value per share, and increased the authorized Preferred Stock from 13.4 billion shares to 14.4 billion shares of Preferred Stock, $0.00001 par value per share. The number of authorized Preferred Stock designated as Non-Voting Series A, A-1, A-2, and A-3 did not change, but the undesignated Preferred Stock of 1.25 billion shares was increased to an authorized 2.25 billion shares of undesignated Preferred Stock, $0.00001 par value per share.

F- 76

Preferred Stock Liquidation Preference The following table summarizes the liquidation preferences as of June 30, 2025, in order of liquidation:

| ​                              
 ​                              
 ​                              
 (In Thousands)                 | ​ 
 ​ 
 ​ |          ​ 
          ​ 
     Shares 
 Authorized | ​ 
 ​ 
 ​ |               ​ 
               ​ 
   Shares Issued 
 and Outstanding | ​ 
 ​ 
 ​ | ​           
 Liquidation 
 Preference  
 Balance     |       ​ |
|:-------------------------------|:--|-----------:|:--|----------------:|:--|:------------|--------:|
| Series A-3 Preferred Stock     |   |  8,750,000 |   |          99,096 | ​ | $           |  79,277 |
| Series A-2 Preferred Stock     |   |  2,050,