Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 248

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 248
---
 common stock underlying the private      
 units; and                                                 |
| · | 2,000,000 founder shares held by our initial stockholders. |

If we increase or decrease the size of this offering, we will effect
a stock dividend or share contribution back to capital or other appropriate mechanism, as applicable, with respect to our founder shares
immediately prior to the consummation of the offering in such amount as to maintain the ownership of our initial stockholders at 20.0%
of our issued and outstanding common stock upon the consummation of this offering (not including the shares of common stock underlying
the Underwriter Units, the private units, or the shares of common stock underlying the units issuable upon conversion of working capital
loans, or the shares of common stock underlying the units issuable upon conversion of working capital loans).

<div align='center'>130</div>

Stockholders of record are entitled to one vote for each share held
on all matters to be voted on by stockholders. Holders of common stock (including the founder shares, private placement shares and Underwriter
Shares) will vote together as a single class on all matters submitted to a vote of our stockholders except as required by law. Unless
specified in our amended and restated articles of incorporation, or as required by applicable provisions of the NRS or applicable stock
exchange rules, the affirmative vote of a majority of our shares of common stock that are voted is required to approve any such matter
voted on by our stockholders. Our board of directors is divided into three classes, each of which will generally serve for a term of
three years with only one class of directors being elected in each year. There is no cumulative voting with respect to the election of
directors, with the result that the holders of more than 50% of the shares voted for the election of directors can elect all of the directors.
Our stockholders are entitled to receive ratable dividends when, as and if declared by the board of directors out of funds legally available
therefor.

Because our amended and restated articles of incorporation authorize
the issuance of up to 100,000,000 shares of common stock, if we were to enter into a business combination, we may (depending on the terms
of such a business combination) be required to increase the number of shares of common stock which we are authorized to issue at the
same time as our stockholders vote on the business combination to the extent we seek stockholder approval in connection with our