Company: FGMCU
Filing Date: 2025-09-18
Form Type: S-4
Source: 0001104659-25-091249
Chunk: 305

Company: FG Merger II Corp.
Filing Date: 2025-09-18
Form: S-4
Chunk 305
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 adjustments to reflect the effect of the Maximum Redemption Scenario. |

The pro forma condensed financial statements have been prepared assuming no PIPE financing since there is no minimum cash closing condition in the transaction The pro forma condensed financial statements have been prepared assuming all common shares of BOXABL including the convertible securities of BOXABL which includes, stock options, warrants and restricted stock units will exchange into common share of Combined Company at Business Combination closing and all series of preferred shares of BOXABL will exchange in to preferred shares of Combined Company at Business Combination closing.

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The following table sets out share ownership of FGMC Common Stock on a Pro Forma basis assuming the No Additional Redemptions Scenario and the Maximum Redemptions Scenario:

| ​                                                                                | ​ |                      ​ | ​ |          ​ | ​ |
| ​                                                                                | ​ | No Redemption Scenario |   |            |   |
| ​                                                                                | ​ |                 Shares | ​ | Percentage |   |
| Shares of Combined Company Common Stock held by BOXABL stockholders(1)           |   |            247,910,599 |   |      68.65 | % |
| Shares of Combined Company Merger Preferred Stock held by BOXABL stockholders(2) |   |            102,089,401 |   |      28.27 | % |
| Shares of Combined Company Common Stock held by Sponsor and affiliates(3)        |   |              2,273,130 |   |       0.63 | % |
| Shares of Combined Company Common Stock held by FGMC public stockholders(4)      |   |              8,800,000 |   |       2.44 | % |
| Shares of Combined Company Common Stock held by FGMC Underwriter and Advisor     |   |                 52,250 |   |       0.01 | % |
| Total                                                                            |   |            361,125,380 |   |      100.0 | % |

| (1) | Consists of 247,910,599 shares of common stock of the Combined Company received by BOXABL stockholders. This includes 232,733,140 shares of common stock of the Combined Company exchanged for shares of common stock and 15,177,459 shares of common stock of Combined Company exchanged Convertible Securities of BOXABL. |

| (2) | Represents the Combined Company Merger Preferred Stock received by holders of BOXABL Preferred Stock. |

| (3) | Consists of 1,425,240 shares