Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 288

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 288
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 except with the prior written consent of the underwriters, offer, sell,
contract to sell, pledge or otherwise dispose of, directly or indirectly, any units, warrants, shares of common stock or any other securities
convertible into, or exercisable, or exchangeable for, shares of common stock during the period from the date of this prospectus continuing
through the date 180 days after the date of this prospectus; provided, however, thatthe company may (1) issue
and sell the $15 Exercise Price Warrants, (2) issue and sell the additional units to cover the underwriters’ over-allotment
option (if any), (3) register with the SEC pursuant to an agreement to be entered into concurrently with the issuance and sale of
the securities in this offering, the resale of the founder shares, the $15 Exercise Price Warrants and the rights and shares of common
stock issuable upon separation of the private units and (4) issue securities in connection with a Business Combination. The underwriters
in their sole discretion may release any of the securities subject to these lock-up agreements at any time without notice.

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The
company’s 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 remaining 50% of the founder shares, twelve
months after the date of the consummation of our initial business combination; except to
certain permitted transferees and under certain circumstances as described herein under “Principal
Stockholders — Transfers of Founder Shares and Private Placement Securities”.
In addition, we could agree to permit the holders of our founder shares to transfer shares
or agree to cancel such securities. Although no such transfers or cancellations are contemplated,
we could agree to permit such transfer or cancellation to facilitate the closing of a business
combination. Any permitted transferees will be subject to the same restrictions and other
agreements of our initial stockholders with