Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 328

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 328
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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. There were 2,156,250 Founder Shares issued and outstanding as of December 31, 2023. The
Founder Shares will be exchanged into shares of common stock prior to or at the completion of the Proposed Offering.

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Rights– Public Rights will entitle the holder to
receive one-tenth common share per each Public Right. Company will have 800,000 or (920,000 Public Rights if the underwriters’
over-allotment option is exercised in full).

Warrants –

The $15 Private Warrants will entitle the holder to purchase one common
share at an exercise price of $15.00 per each share, will be exercisable for a period of 10 years from the date of Business Combination,
will be non-redeemable, and may be exercised on a cashless basis. Additionally, $15 Private Warrants and the shares issuable upon the
exercise of the $15 Private Warrants will not be transferable, assignable or salable until after the completion of a Business Combination,
subject to certain limited exceptions. Company will have 1,000,000 $15 Private Warrant outstanding at the close of proposed offering.

The exercise price and number of ordinary