Company: FGMCU
Filing Date: 2025-09-18
Form Type: S-4
Source: 0001104659-25-091249
Chunk: 485

Company: FG Merger II Corp.
Filing Date: 2025-09-18
Form: S-4
Chunk 485
---
 25,000Private Units respectively, at a price of $ 10.00per Private Unit, generating total proceeds of $ 2,483,000and ii) the Sponsor purchased in aggregate of 1,000,000$ 15Private Warrants at a price of $ 0.10per $ 15Private Warrant, each exercisable to purchase oneshares of common stock at $ 15.00per share, for an aggregate purchase price of $ 100,000. Following the closing of the IPO, and amount of $ 80,800,00($ 10.10per Unit) from the net proceed of the sale of the Units in the IPO and the sale of Private Placement Securities were placed in a Trust Account and invested in a money market fund, within the meaning set forth in Section 2(a)(16) of the Investment Company Act, meeting the conditions of Rule 2a-7 of the Investment Company Act, as determined by the Company, until the earlier of: (i) the consummation of a Business Combination or (ii) the distribution of the funds in the Trust Account to the Company’s stockholders. On January 30, 2025, the Company issued an unsecured promissory note of $ 417,000to the Sponsor. This promissory note bears interest at the rate of 12% per year and will mature on January 30, 2026. There was $ 417,000outstanding under the promissory note at January 30, 2025. The holders of the Founder Shares, the Private Units, the $ 15Private Warrants (and their underlying securities) are entitled to registration rights pursuant to a registration rights agreement which become effective as of January 30, 2025. The Company will bear the expenses incurred in connection with the filing of any registration statements pursuant to such registration rights. Company paid $ 750,000in underwriter discount to the underwriter at closing of the IPO. The company also issued 40,000Underwriter Units to the underwriter. Company paid $ 250,000to the financial advisor at IPO closing. The company also issued 7,500Advisor Units to the financial advisor. The Company entered 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. The Company granted the underwriters a 45-day option to purchase up to