Company: FGMCU
Filing Date: 2025-12-30
Form Type: S-4/A
Source: 0001104659-25-124947
Chunk: 528

Company: FG Merger II Corp.
Filing Date: 2025-12-30
Form: S-4/A
Chunk 528
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 2023, and interim reporting periods in fiscal years beginning after December 31, 2024, with early adoption permitted. The Company adopted this guidance as of January 31, 2025. The adoption resulted in disclosure changes only.

NOTE 3. INITIAL PUBLIC OFFERING On January 30, 2025, the Company consummated its IPO of 8,000,000 Units at $ 10.00 per unit. The Units were sold at a price of $ 10.00 per Unit, generating gross proceeds to the Company of $ 80,000,000 .

NOTE 4. PRIVATE PLACEMENT Simultaneously with the closing of the IPO, the Company consummated Private Placement in which i) Sponsor and Ramnaraine Jaigobind purchased 223,300 and 25,000 Private Units respectively, at a price of $ 10.00 per Private Unit, generating total proceeds of $ 2,483,000 and ii) the Sponsor purchased in aggregate of 1,000,000 $ 15 Private Warrants”) at a price of $ 0.10 per $ 15 Private Warrant, each exercisable to purchase one shares of common stock at $ 15.00 per share, for an aggregate purchase price of $ 100,000 .

NOTE 5. RELATED PARTY TRANSACTIONS Founder Shares On October 6, 2023, the Company issued an aggregate of 2,156,250 shares of common stock (the “ Founder Shares ”) to the Sponsor for an aggregate purchase price of $ 25,000 in cash. On October 18, 2023, the Sponsor transferred an aggregate of 465,000 Founder Shares to members of the Company’s management, board of directors and senior advisors, resulting in the Sponsor holding 1,691,250 Founder Shares. The Founder Shares include an aggregate of up to 300,000 shares subject to forfeiture by the Sponsor to the extent that the underwriters’ over-allotment is not exercised in full or in part, so that the Initial Stockholders will collectively own 20% of the Company’s issued and outstanding shares after the IPO (assuming the Initial Stockholders did not purchase any Public Shares in the IPO and excluding the securities underlying the $ 15 Private Warrants, the Private Units). 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