Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 44

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 44
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 As a result, you must hold rights in multiples of 10 in order to receive shares for all of your rights upon closing of a business           
 combination. If we are unable to complete an initial business combination within the required time period and we redeem the public          
 shares for the funds held in the trust account, holders of rights will not receive any of such funds for their rights and the rights        
 will expire worthless.                                                                                                                      |

<div align='center'>18</div>

| Founder                          
 shares and anti-dilution rights: |     | On October 6, 2023, our sponsor paid $25,000 in exchange for 2,156,250                                                                            
 founder shares, or approximately $0.012 per share. On October 18, 2023, the sponsor transferred an aggregate of 465,000 founder shares            
 to members of the Company's management,board of directors and senior advisors, resulting in the sponsor holding 1,691,250 founder shares.         
 On August 21, 2024, we issued a dividend of approximately 0.07 founder shares for every issued and outstanding founder share , or an aggregate    
 of 143,750 founder shares (the “Dividend Shares”), resulting in our initial stockholders holding an aggregate of 2,300,000                        
 founder shares. On August 21, 2024, our directors, officers and senior advisors transferred 31,000 Dividend Shares to the sponsor. On             
 August 21, 2024, the sponsor transferred an aggregate of 150,000 founder shares to officers of the Company, resulting in the sponsor holding      
 1,685,000 founder shares. On January [_], 2025, the sponsor, our directors, officers and senior advisors transferred an aggregate of 200,000      
 founder shares to Fundamental Global Inc., resulting in the sponsor holding 1,540,000 founder shares and our directors, officers and senior       
 advisors holding 560,000 founder shares in aggregate. In addition, on January [_], 2025, our sponsor transferred an aggregate of 75,000           
 founder shares to Ramnarain Joseph Jaigobind, the Chief Executive Officer of ThinkEquity, the representative of the underwriters, resulting       
 in our sponsor holding 1,465,000 founder shares. Prior to the initial investment in the company of $25,000 by the sponsor, the company            
 had no assets, tangible or intangible. The per share price of the founder shares was determined by dividing the