Company: FGMCU
Filing Date: 2025-12-30
Form Type: S-4/A
Source: 0001104659-25-124947
Chunk: 309

Company: FG Merger II Corp.
Filing Date: 2025-12-30
Form: S-4/A
Chunk 309
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 non-employee directors of the Combined Company only with respect to a corporate opportunity that was offered to such person solely and exclusively in his or her capacity as a director of the Combined Company and such opportunity is one the Combined Company is legally and contractually permitted to undertake and would otherwise be reasonable for the Combined Company to pursue, and to the extent such director is permitted to refer that opportunity to the Combined Company without violating another legal obligation. Accordingly, a non-employee director may choose to present any corporate opportunity to other entities and has no obligation to present them to the Combined Company if such director is not prohibited by the Proposed Charter from doing so. |

See “ BOXABL Stockholder Proposal No. 1: BOXABL Business Combination Proposal-Interests of BOXABL’s Directors and Executive Officers in the Business Combination ” and “ Risk Factors-Risks Relating to the Combined Company Common Stock Following the Business Combination-As a “controlled company” within the meaning of the Nasdaq listing rules after the Closing, the Combined Company will qualify for exemptions from certain corporate governance requirements and will have the opportunity to elect to avail itself of any of the exemptions afforded a controlled company. If the Combined Company elects to rely on some of these exemptions, Combined Company stockholders will not have the same protections afforded to stockholders of companies that are subject to such requirements ” in this joint proxy statement/prospectus for a further discussion of these considerations. Vote Required for Approval The BOXABL Business Combination Proposal requires approval by an affirmative vote of the holders of a majority of the outstanding shares of BOXABL Common Stock. Abstentions, while considered present for the purposes of establishing a quorum, will have the same effect as a vote “AGAINST” the BOXABL Business Combination Proposal. The Business Combination will be consummated only if the BOXABL Business Combination Proposal and the Condition Precedent Proposals are approved. Accordingly, even if the BOXABL Business Combination Proposal is approved, the Business Combination will not be consummated unless all of the Condition Precedent Proposals are approved (unless waived by the parties to the Merger Agreement). Recommendation of the BOXABL Board of Directors THE BOXABL BOARD OF DIRECTORS RECOMMENDS THAT THE BOXABL STOCKHOLDERS VOTE “FOR” THE APPROVAL OF THE BOXABL BUSINESS COMBINATION PROPOSAL . The existence of financial and personal interests of one or more of BOXABL directors may result in a conflict of interest on the part of such director(s) between what he, she or they may believe is