Company: FGMCU
Filing Date: 2025-09-18
Form Type: S-4
Source: 0001104659-25-091249
Chunk: 283

Company: FG Merger II Corp.
Filing Date: 2025-09-18
Form: S-4
Chunk 283
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 PROPOSAL NO. 2: THE BOXABL ADJOURNMENT PROPOSALOverviewThe BOXABL Adjournment Proposal-The BOXABL Adjournment Proposal allows the BOXABL board of directors to submit a proposal to approve the adjournment of the BOXABL Special Meeting to a later date or dates, if necessary, to permit further solicitation and vote of proxies in the event, based on the tabulated votes, there are not sufficient votes at the time of the BOXABL Special Meeting to approve the BOXABL Business Combination Proposal.Consequences if the BOXABL Adjournment Proposal Is Not ApprovedIf the BOXABL Adjournment Proposal is presented to the BOXABL Special Meeting and is not approved by the BOXABL stockholders, the BOXABL board of directors may not be able to adjourn the BOXABL Special Meeting to a later date in the event that, based on the tabulated votes, there are not sufficient votes at the time of the BOXABL Special Meeting to approve the Business Combination. In such events, the Business Combination would not be completed.Vote Required for ApprovalThe BOXABL Adjournment Proposal requires approval by an affirmative vote of the holders of shares of BOXABL Common Stock having a majority of the voting power of BOXABL Common Stock present in person or represented by a proxy at the BOXABL Special Meeting. Abstentions, while considered present for the purposes of establishing a quorum, will have the same effect as a vote “AGAINST” the BOXABL Adjournment Proposal.The BOXABL Adjournment Proposal is not conditioned upon any other proposal.Recommendation of the BOXABL Board of DirectorsTHE BOXABL BOARD OF DIRECTORS RECOMMENDS THAT BOXABL STOCKHOLDERS VOTE “FOR” THE APPROVAL OF THE BOXABL ADJOURNMENT PROPOSAL.The existence of financial and personal interests of one or more of BOXABL’s directors may result in a conflict of interest on the part of such director(s) between what he, she or they may believe is in the interests of BOXABL and what he, she or they may believe is best for himself, herself or themselves in determining to recommend that BOXABL stockholders vote for the proposals. In addition, BOXABL’s officers have interests in the Business Combination that are different from, or in addition to (and which may conflict with), your interests as a BOXABL stockholder. When you consider the BOXABL board of directors’ recommendation of these proposals, you should keep in mind that BOXABL’s directors and officers have interests in