Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 283

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 283
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 is a foreign
corporation may also be subject to an additional “branch profits tax” at a 30% rate (or lower treaty rate).

If the second bullet point above applies to a
Non-U.S. holder, gain recognized by such holder on the sale, exchange or other disposition of our common stock or rights will be subject
to tax at generally applicable U.S. federal income tax rates. In addition, a buyer of our common stock or rights from such holder may
be required to withhold U.S. federal income tax at a rate of 15% of the amount realized upon such disposition. We cannot determine whether
we will be a United States real property holding corporation in the future until we complete an initial business combination. We will
be classified as a United States real property holding corporation if the fair market value of our “United States real property
interests” equals or exceeds 50 percent of the sum of the fair market value of our worldwide real property interests plus our other
assets used or held for use in a trade or business, as determined for U.S. federal income tax purposes.

Non-U.S. holders should consult their tax advisors
regarding potentially applicable income tax treaties that may provide for different rules.

Redemption of Common Stock.

The characterization for U.S. federal income tax
purposes of the redemption of a Non-U.S. holder’s common stock generally will correspond to the U.S. federal income tax characterization
of such a redemption of a U.S. holder’s common stock, as described under “U.S. Holders — Redemption of Common Stock”
above, and the consequences of the redemption to the Non-U.S. holder will be as described above under “Non-U.S. Holders —
Taxation of Distributions” and “Non-U.S. Holders — Gain on Sale, Taxable Exchange or Other Taxable Disposition of Common
Stock and Rights,” as applicable. Because it may not be certain at the time a Non-U.S. holder is redeemed whether such Non-U.S.
holder’s redemption will be treated as a sale of shares or a distribution constituting a dividend, and because such determination
will depend in part on a Non-U.S. holder’s particular circumstances, we or the applicable withholding agent may not be able to
determine whether (or to what extent) a Non-U.S. holder is treated as receiving a dividend for U.S. federal income tax purposes. Therefore,
we or the applicable withholding agent may withhold tax at a rate of