Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 247

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 247
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 in this offering.

EarlyBird Units

The EarlyBird Units are identical to the private units.

Working Capital Loan Units

In order to finance transaction costs in connection with an intended
initial business combination, our sponsor or an affiliate of our sponsor or certain of our officers and directors may, but are not obligated
to, loan us funds as may be required. Up to $1,500,000 of such loans may be convertible into units at a price of $10.00 per unit at the
option of the lender.

The units issuable upon the conversion of working capital loans (the
“working capital loan units”) will not be transferable, assignable or salable until 30 days after the completion of our initial
business combination. Otherwise, the working capital loan units are identical to the units sold in this offering except that the securities
underlying the working capital loan units will be entitled to registration rights.

Additionally, the units that have not already been separated will
automatically separate into their component parts in connection with the completion of our initial business combination and will no longer
be listed thereafter.

Common Stock

Prior to the date of this prospectus, there were 2,300,000 founder shares outstanding, all of which were held of record by our initial stockholders, so that our initial stockholders will own 20% of our issued and outstanding shares after this offering (assuming our initial stockholders do not purchase any units in this offering and excluding the shares of common stock underlying the public rights, the Underwriter Units, the EarlyBird Units, the private units, the $15 Exercise Price Warrants and the units issuable upon conversion of any working capital loans). Up to 300,000 of the founder shares will be forfeited by our initial stockholders depending on the extent to which the underwriters’ over-allotment is exercised. Upon the closing of this offering, 10,295,800 of our shares of common stock will be outstanding (assuming no exercise of the underwriters’ over-allotment option and the corresponding forfeiture of 300,000 founder shares by the sponsor and Ramnarain Joseph Jaigobind) including:

| · | 8,000,000 shares of common stock underlying units issued   
 as part of this offering;                                  |
| · | 40,000 shares of common stock underlying the Underwriter   
 Units;                                                     |
| · | 7,500 shares of common stock underlying the EarlyBird      
 Units;                                                     |
| · | 248,300 shares of