Company: FGMCU
Filing Date: 2025-09-18
Form Type: S-4
Source: 0001104659-25-091249
Chunk: 156

Company: FG Merger II Corp.
Filing Date: 2025-09-18
Form: S-4
Chunk 156
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 if the Trust Account is liquidated, including in the event we are unable to consummate the Business Combination or an initial business combination within 24 months of the completion of the FGMC IPO, the Sponsor has agreed to indemnify us to ensure that the proceeds in the Trust Account are not reduced below $10.10 per Public Share, or such lesser amount per Public Share as is in the Trust Account on the liquidation date, by the claims of prospective target businesses with which we have entered into an acquisition agreement or claims of any third-party vendors or service providers (other than our independent registered public accounting firm) for services rendered or products sold to us, but only if such target business, vendor or service provider has not executed a waiver of any and all of its rights to seek access to the Trust Account; |

| ● | the fact that the Initial Stockholders currently hold an aggregate of 2,223,300 shares of FGMC Common Stock, including shares underlying the 223,300 Private Units. As of September 10, 2025, such shares had an aggregate market value of approximately $22.1 million and the Private Rights had an aggregate market value of approximately $60.291, based on a |

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| market price of $9.96 per share of FGMC Common Stock and a market price of $0,27 per Right on September 10, 2025, respectively; |

| ● | the continued indemnification of FGMC’s executive officers and directors and the continuation of FGMC’s executive officers’ and directors’ liability insurance following the consummation of the Business Combination; |

| ● | the fact that the Sponsor and FGMC’s executive officers and directors have agreed, for no consideration, not to redeem any of the Founder Shares in connection with a stockholder vote to approve the Business Combination and such Founder Shares will be worthless if no business combination is effected by FGMC within 24 months of the FGMC IPO; and |

| ● | the fact that Larry G. Swets, Jr., Hassan R. Baqar, and D. Kyle Cerminara are the managers of FG Merger Investors II LLC and direct its day-to-day operations. The interests of the members of the sponsor are denominated in two classes of membership interest units: Series A Units, Series B Units, Series C Units and Series D Units. The following table sets forth information regarding the ownership of interests (assuming the underwriters exercise their overallotment option) in FG Merger Investors II LLC, our