Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 141

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 141
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 offering). See “Use of Proceeds.”

(2) If we seek stockholder approval of our initial business combination
and we do not conduct redemptions in connection with our initial business combination pursuant to the tender offer rules, our sponsor,
initial stockholders, directors, executive officers, advisors or their affiliates may purchase shares or rights in privately negotiated
transactions or in the open market either prior to or following the completion of our initial business combination. In the event of any
such purchases of our shares prior to the completion of our initial business combination, the number of shares of common stock
subject to redemption will be reduced by the amount of any such purchases, increasing the pro forma net tangible book value per share.
See “Proposed Business — Permitted Purchases of Our Securities.”

| Full exercise of over-allotment option           |     | No         
 Redemption |            |     | 25% of      
 Maximum     
 Redemptions |             |   |     | 50% of      
 Maximum     
 Redemptions |             |   |     | 75% of      
 Maximum     
 Redemptions |             |   |     | Maximum     
 Redemptions |             |   |
| Numerator:                                       |     |            |            |     |             |             |   |     |             |             |   |     |             |             |   |     |             |             |   |
| Net tangible book deficit before this            
 offering                                         |     |            |     -2,366 |     |             |      -2,366 |   |     |             |      -2,366 |   |     |             |      -2,366 |   |     |             |      -2,366 |   |
| Net proceeds from this offering and sale of the  
 private placement securities, net of expenses(1) |     |            | 93,021,500 |     |             |  93,021,500 |   |     |             |  93,021,500 |   |     |             |  93,021,500 |   |     |             |  93,021,500 |   |
| Less: Proceeds held in trust                     
 subject to redemption(2)                         |     |            |          - |     |             | (23,000,000 | ) |     |             | (46,000,000 | ) |     |             | (69,000,000 | ) |     |             | (92,