Company: FGMCU
Filing Date: 2025-09-18
Form Type: S-4
Source: 0001104659-25-091249
Chunk: 280

Company: FG Merger II Corp.
Filing Date: 2025-09-18
Form: S-4
Chunk 280
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 granting permanent injunctive relief could enjoin consummation of the Business Combination. |

| ● | Fees and Expenses. The BOXABL board of directors considered the fees and expenses associated with completing the Business Combination. |

| ● | Diversion of Management and Employee Attention. The BOXABL board of directors considered the potential for diversion of BOXABL’s management and employee attention and resources during the period prior to the completion of the Business Combination and the potential negative effects thereof on BOXABL’s business. |

The BOXABL board of directors concluded that the potential benefits that it expected BOXABL and its stockholders to receive as a result of the Business Combination outweighed the potentially negative factors associated with the Business Combination. Accordingly, the BOXABL board of directors determined that the Merger Agreement and Business Combination contemplated therein were advisable, fair to and in the best interests of BOXABL and its stockholders. The preceding discussion of the information and factors considered by the BOXABL board of directors is not intended to be exhaustive but includes the material factors considered by the BOXABL board of directors. In view of the complexity and wide variety of factors considered by the BOXABL board of directors in connection with its evaluation of the Business Combination, the BOXABL board of directors did not consider it practical to, nor did it attempt to, quantify, rank or otherwise assign relative weights to the different factors that it considered in reaching its decision. In addition, in considering the factors described above, individual members of the BOXABL board of directors may have given different weight to different factors. The BOXABL board of directors considered this information as a whole and overall considered the information and factors to be favorable to, and in support of, its determinations and recommendations. This explanation of reasons for the BOXABL board of directors’ approval of the Business Combination, and all other information presented in this section, is forward-looking in nature and therefore subject to a number of risks and uncertainties and should be read in light of the factors discussed under the sections entitled “ Cautionary Statement Regarding Forward-Looking Statements” and “ Risk Factors.” Interests of BOXABL’s Directors and Executive Officers in the Business Combination Unless the context otherwise requires, all references in this subsection to “we,” “us” or “our” refer to the business of BOXABL. When you consider the recommendation of the BOXABL board of directors in favor of approval of the BOXABL Business Combination Proposal, you should keep in mind that BOXABL’s directors and executive officers have interests in such proposal that are different from, or in addition to