Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 230

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 230
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 |     | Director                |

Potential investors should also be aware of the following other potential
conflicts of interest:

| · | Our executive officers and directors are not required                                                                                 
 to, and will not, commit their full time to our affairs, which may result in a conflict of interest in allocating their time between  
 our operations and our search for a business combination and their other businesses. We do not intend to have any full-time employees 
 prior to the completion of our initial business combination. Each of our executive officers is engaged in several other business      
 endeavors for which he may be entitled to substantial compensation, and our executive officers are not obligated to contribute any    
 specific number of hours per week to our affairs.                                                                                     |

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| · | Our initial stockholders purchased founder shares prior to the date of                                                                    
 this prospectus and will purchase private placement securities in a transaction that will close simultaneously with the closing of        
 this offering. Our initial stockholders have entered into agreements with us, pursuant which they have agreed to waive their redemption   
 rights with respect to their founder shares and any public shares they hold in connection with the completion of our initial business     
 combination. The other members of our management team have entered into agreements similar to the one entered into by our initial         
 stockholders with respect to any public shares acquired by them in or after this offering. Additionally, our initial stockholders         
 have agreed to waive their rights to liquidating distributions from the trust account with respect to their founder shares if we          
 fail to complete our initial business combination within the prescribed time frame or any extended period of time that we may have        
 to consummate an initial business combination as a result of an amendment to our amended and restated articles of incorporation.          
 If we do not complete our initial business combination within the prescribed time frame, the private placement securities will expire     
 worthless. Furthermore, our initial stockholders have agreed not to transfer, assign or sell any of their founder shares until: (i) with  
 respect to 50% of the founder shares, the earlier of (x) twelve months after the date of the consummation of an initial business          
 combination or (y) the date on which the closing price of our common stock equals or exceeds $12.00 per share (as adjusted for            
 stock splits, stock dividends, reorganizations and recapitalizations) for any 20 trading days within any 30-trading day period commencing 
 after our initial business combination and (ii) with respect to the