Company: FGMCU
Filing Date: 2025-09-18
Form Type: S-4
Source: 0001104659-25-091249
Chunk: 62

Company: FG Merger II Corp.
Filing Date: 2025-09-18
Form: S-4
Chunk 62
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ABL Common Stock and BOXABL Preferred Stock? |

| A: | For general information on the material U.S. federal income tax consequences of the Business Combination to holders of BOXABL Common Stock and BOXABL Preferred Stock, see the section entitled “U.S. Federal Income Tax Considerations” of this joint proxy statement/prospectus. |

| Q: | What happens to the funds deposited in the Trust Account after consummation of the Business Combination? |

| A. | Following the closing of the IPO, an amount equal to $80,800,00 ($10.10 per Unit) was placed in a trust account (the “Trust Account”). As of September 12, 2025, the most recent practicable date prior to the date of this joint proxy statement/prospectus, funds in the Trust Account totaled approximately $81.7 million and were comprised entirely of U.S. government treasury obligations with a maturity of 185 days or less or of money market funds meeting certain conditions under Rule 2a-7 under the Investment Company Act of 1940, as amended (the “Investment Company Act”), which invest only in direct U.S. government treasury obligations. Except with respect to interest earned on the funds held in the Trust Account that may be released to FGMC to pay working capital expenses (not to exceed $1,200,000 in the aggregate) and its tax obligations (less up to $100,000 of interest to pay dissolution expenses), the proceeds deposited in the Trust Account will not be released from the Trust Account until the earliest of (a) the completion of an initial business combination (including the Closing), (b) the redemption of any FGMC Public Shares properly submitted in connection with a stockholder vote to amend the FGMC Charter (i) to modify the substance or timing of FGMC’s obligation to provide its public stockholders the right to have their FGMC Public Shares redeemed in connection with FGMC’s initial business combination or to redeem 100.0% of the FGMC Public Shares if FGMC does not complete its initial business combination by January 30, 2027 or during any Extension Period or (ii) with respect to any other provision relating to stockholders’ rights or pre-initial business combination activity, and (c) the redemption of all of the FGMC Public Shares if FGMC is unable to complete its initial business combination by January 30, 2027or during any Extension Period, subject to applicable law. |

Upon consummation of the Business Combination,