Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 258

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 258
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 are not the surviving
company in a business combination, each holder of a right will automatically receive one-tenth (1/10) of a share of common stock
upon consummation of our initial business combination, even if the holder of a public right converted all shares of common stock held
by him, her or it in connection with the initial business combination or an amendment to our certificate of incorporation with respect
to our pre-business combination activities. In the event we will not be the surviving company upon completion of our initial business
combination, each holder of a right will be required to affirmatively convert his, her or its rights in order to receive the one-twnetieth (1/10)
of a share underlying each right upon consummation of the business combination. No additional consideration will be required to be paid
by a holder of rights in order to receive his, her or its additional shares of common stock upon consummation of an initial business
combination. The shares issuable upon exchange of the rights will be freely tradable (except to the extent held by affiliates of ours).
If we enter into a definitive agreement for a business combination in which we will not be the surviving entity, the definitive agreement
will provide for the holders of rights to receive the same per share consideration the holders of the common stock will receive in the
transaction on an as-converted into common stock basis.

We will not issue fractional shares in connection
with an exchange of rights. Fractional shares will either be rounded down to the nearest whole share or otherwise addressed in accordance
with the applicable provisions of the Delaware General Corporation Law. As a result, you must hold rights in multiples of 10 in order
to receive shares for all of your rights upon closing of a business combination. If we are unable to complete an initial business combination
within the required time period and we liquidate the funds held in the trust account, holders of rights will not receive any of such
funds with respect to their rights, nor will they receive any distribution from our assets held outside of the trust account with respect
to such rights, and the rights will expire worthless. Further, there are no contractual penalties for failure to deliver securities to
the holders of the rights upon consummation of an initial business combination. Additionally, in no event will we be required to net
cash settle the rights. Accordingly, the rights may expire worthless.

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Dividends

We have not paid any cash dividends on our common