Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 3

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 3
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withdrawn for working capital purposes (not to exceed $1,000,000 annually) and taxes payable, and up to $100,000 of interest to pay dissolution
expenses), divided by the number of then outstanding public shares, subject to applicable law and certain conditions as further described
herein.

Our sponsor (and/or its designees) and Ramnarain Joseph
Jaigobind, the Chief Executive Officer of ThinkEquity, the representative of the underwriters, have respectively committed to
purchase from us 223,300 units and 25,000 units (collectively, the “private units”) at a price of $10.00 per unit, with
each unit consisting of one share of common stock (the “private shares”) and one right to receive one-tenth (1/10) of a
share of common stock upon the consummation of an initial business combination (each a “private right”), and the Sponsor
has committed to purchase from us an aggregate of 1,000,000 warrants (“$15 Exercise Price Warrants” and, together with
the private units, the “private placement securities”) at a price of $0.10 per warrant, each exercisable to purchase one
share of common stock at $15.00 per share, for an aggregate purchase price of $2,583,000. These purchases will take place on a
private placement basis simultaneously with the consummation of this offering. The $15 Exercise Price Warrants will become
exercisable on the later of 30 days after the completion of our initial business combination and 12 months from the closing of this
offering, and will expire ten years after the completion of our initial business combination or earlier upon our liquidation, as
described herein.

Our initial stockholders currently own an aggregate of 2,300,000 shares
of common stock (which were purchased for $25,000 and which we refer to as “founder shares”) (up to 300,000 shares of which
are subject to forfeiture depending on the extent to which the underwriters’ over-allotment option is exercised).

If we are unable to complete our initial business combination within
the completion window, or by such earlier liquidation date as our board of directors may approve, the founder shares, private units (and
the underlying securities) and the $15 Exercise Price Warrants (and the underlying securities) will be worthless, except to the extent
they receive liquidating distributions from assets