Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 290

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 290
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 180 days after such date, the initial stockholders shall         
 not, without the prior written consent of ThinkEquity LLC, (i) sell, offer to sell, contract or agree to sell, hypothecate,             
 pledge, grant any option to purchase or otherwise dispose of or agree to dispose of, directly or indirectly, or establish or increase   
 a put equivalent position or liquidate or decrease a call equivalent position, with respect to any units, shares of common stock        
 (including, but not limited to, founder shares), rights or any securities convertible into, or exercisable, or exchangeable for,        
 shares of common stock owned by it, him or her, or (ii) enter into any swap or other arrangement that transfers to another,             
 in whole or in part, any of the economic consequences of ownership of any units, shares of common stock (including, but not limited     
 to, founder shares), rights or any securities convertible into, or exercisable, or exchangeable for, shares of common stock owned       
 by it, him or her, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise                   |     |                                                                                                                                       |

The limited liability company agreement of our sponsor provides that
its membership interests may only be transferred to our officers or directors or other persons affiliated with our sponsor, or in connection
with estate planning transfers.

We have agreed to issue to ThinkEquity and/or its designees 40,000
Underwriter Units (or 46,000 Underwriter Units if the underwriters’ over-allotment option is exercised in full) upon the consummation
of this offering. ThinkEquity has agreed not to transfer, assign or sell any such Underwriter Units until the completion of our initial
business combination. The Underwriter Units are identical to the units sold in this offering except that the Underwriter Units (i)
may not, subject to certain limited exceptions, be transferred, assigned or sold by the holders until after the completion of our initial
business combination and (ii) will be entitled to registration rights. Pursuant to the registration rights agreement, holders of
at least 15% of the then outstanding number of registrable securities are entitled to make up to three demands, excluding short form
demands, that we register such securities. In addition, the holders will have certain “piggy-back” registration rights with
respect to registration statements filed subsequent to our completion of our initial business combination. The demand and piggyback registration