Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 319

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 319
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 company and, as such, the Company is subject to all of the risks associated with early
stage and emerging growth companies.

As of December 31, 2023, the Company had not yet commenced any
operations. All activity through December 31, 2023 relates to the Company’s formation and the proposed initial public offering
(“Proposed Offering”), which is described below. The Company will not generate any operating revenues until after the completion
of its initial Business Combination, at the earliest. The Company will generate nonoperating income in the form of interest income from
the proceeds derived from the Proposed Offering. The Company has selected December 31 as its fiscal year end.

The Company’s ability to commence operations is contingent
upon obtaining adequate financial resources through i) the Proposed Offering of 8,000,000 units at $10.00 per unit (or 9,200,000 units
if the underwriters’ over-allotment option is exercised in full) (the “Units” and, with respect to the shares of common
stock included in the Units being offered, the “Public Shares”) which is discussed in Note 3, ii) the sale of 1,000,000 $15.00
exercise price warrants (the “$15 Private Warrants”) at a price of $0.10 per $15 Private Warrant, iii) the sale of 248,300
units at $10.00 per unit (the “Private Units”) in a private placement to the Company’s sponsor, FG Merger Investors
II LLC (the “Sponsor”) and Ramnarain Joseph Jaigobind that will close simultaneously with the Proposed Offering. Each Private
Unit will consist of one common share and one right. right (“Private Unit Right”). Each whole Private Unit Right will entitle
the holder to convert the right to one-tenth share of common stock.

The Company intends to list the Units on the National Association
of Securities Dealers Automated Quotations (“Nasdaq”). The Company’s management has broad discretion with respect to
the specific application of the net proceeds of the Proposed Offering and sale of the $15 Private Warrants, and Private Units, although
substantially all of the net proceeds are intended to be applied generally toward consummating a Business Combination. Nasdaq rules provide
that the Business Combination must be with one or more target businesses that together have a fair market value equal to at least 80%
of the net assets held in the Trust Account