Company: FGMCU
Filing Date: 2025-08-08
Form Type: 425
Source: 0001104659-25-075620
Chunk: 2

Company: FG Merger II Corp.
Filing Date: 2025-08-08
Form: 425
Chunk 2
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 SEC will review the filing and may provide
comments or request additional information. The company will need to address any SEC comments and update the filing as necessary. After
the SEC declares the S-4 effective, the merger proposal will typically be submitted to the shareholders for approval.

In addition to SEC approval and shareholder votes, the company must
also ensure it meets all the listing requirements of the stock exchange where it intends to be publicly traded. This may include requirements
related to financial condition, corporate governance, and minimum share price, among others.

Once all regulatory approvals are obtained, shareholder approvals are
secured, and listing requirements are met, the merger can be completed.

What will the share price be when BOXABL goes public?

The share price of the post-close combined company at the time BOXABL
goes public will be determined by the market. For SPAC transactions, the initial price is often set at $10 per share, but the actual trading
price upon closing of the merger can, and likely will, fluctuate based on market demand, investor sentiment, and other factors. It is
not possible to predict the exact share price at the time of the public listing.

What happens to my shares if BOXABL goes public?

If you are a current BOXABL shareholder, your shares will be converted
into shares of the new public company, according to the terms set forth in the merger agreement. The specific conversion ratio and other
details will be provided in the materials distributed to shareholders prior to the closing of the transaction. After the merger, you will
own shares in the publicly traded company.

How do I transfer my shares?

If you are a current BOXABL shareholder and wish to transfer your shares,
you should follow the procedures outlined in BOXABL’s shareholder agreements and any applicable securities laws. After the merger,
shares of the public company will typically be held in electronic form through a brokerage account, making transfers easier. Transfers
may be subject to certain restrictions and require approval from BOXABL.

What happens if the merger doesn't occur?

If the merger does not close, BOXABL will remain a registered company
but not listed, and FG Merger II Corp. will continue to operate as a publicly traded SPAC, and continue its search for a suitable merger
candidate. Also, your current shares in BOXABL will remain unchanged, and there will be no conversion into public company shares. Both
companies may consider other strategic alternatives in the future.

Why did you go with a SPAC?

BOXABL chose to pursue a merger