Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 55

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 55
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 market price      
 or on other undesirable terms. Absent this provision, a public stockholder holding more than an aggregate of 15% of the shares sold     
 in this offering could threaten to exercise its redemption rights against a business combination if such holder’s shares are            
 not purchased by us, our sponsor or our management at a premium to the then-current market price or on other undesirable terms. By      
 limiting our stockholders’ ability to redeem to no more than 15% of the shares sold in this offering, we believe we will limit          
 the ability of a small group of stockholders to unreasonably attempt to block our ability to complete our initial business combination, 
 particularly in connection with a business combination with a target that requires as a closing condition that we have a minimum        
 net worth or a certain amount of cash. However, we would not be restricting our stockholders’ ability to vote all of their              
 shares (including all shares held by those stockholders that hold more than 15% of the shares sold in this offering) for or against     
 our initial business combination.                                                                                                       |

| Release                                                                  
 of funds in trust account on closing of our initial business combination |     | On                                                                                                                                    
 the completion of our initial business combination, the funds held in the trust account will be used to pay amounts due to any public 
 stockholders who exercise their redemption rights as described above under “Redemption rights for public stockholders upon            
 the completion of our initial business combination,” to pay all or a portion of the consideration payable to the target or            
 owners of the target of our initial business combination and to pay other expenses associated with our initial business combination.  
 If our initial business combination is paid for using equity or debt securities, or not all of the funds released from the trust      
 account are used for payment of the consideration in connection with our initial business combination, we may apply the balance of    
 the cash released to us from the trust account for general corporate purposes, including for maintenance or expansion of operations   
 of post- transaction businesses, the payment of principal or interest due on indebtedness incurred in completing our initial business 
 combination, to fund the purchase of other companies or for working capital.                                                          |

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| Redemption of public                                                       
 shares and distribution and liquidation if no initial business combination |     | Our amended and restated                                                                                                                      
 articles of incorporation provide that we will have only 24 months from the closing of this offering (or such later date pursuant to          
 an approved extension) to