Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 136

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 136
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 a business combination beyond 24 months from the closing of this offering (or such later
date pursuant to an approved extension) or (y) amend the foregoing provisions.

We believe that amounts not held in trust will be sufficient to pay
the costs and expenses to which such proceeds are allocated. This belief is based on the fact that while we may begin preliminary due
diligence of a target business in connection with an indication of interest, we intend to undertake in-depth due diligence, depending
on the circumstances of the relevant prospective business combination, only after we have negotiated and signed a letter of intent or
other preliminary agreement that addresses the terms of a business combination. However, if our estimate of the costs of undertaking
in-depth due diligence and negotiating a business combination is less than the actual amount necessary to do so, we may be required to
raise additional capital, the amount, availability and cost of which is currently unascertainable. If we are required to seek additional
capital, we could seek such additional capital through loans or additional investments from our sponsor, members of our management team
or any of their affiliates, but such persons are not under any obligation to advance funds to, or invest in, us.

Subsequent to the closing of this offering, we will pay our sponsor
$15,000 per month for office space, secretarial and administrative services provided to members of our management team. Upon the completion
of our initial business combination or our liquidation, we will cease paying these monthly fees.

Prior to the closing of this offering, our sponsor has agreed to loan
us up to $150,000 to be used for a portion of the expenses of this offering. These loans are non-interest bearing, unsecured and are
due at the earlier of the closing of this offering or the date on which the company determines not to conduct the offering described
herein. The loan will be repaid upon the closing of this offering out of the $1,108,500 (whether or not the underwriters overallotment
option is exercised) of offering proceeds that has been allocated to the payment of offering expenses.

In addition, in order to finance transaction costs in connection with
an intended initial business combination, our sponsor or an affiliate of our sponsor or certain of our officers and directors may, but
are not obligated to, loan us funds as may be required. If we complete our initial business combination, we would repay such loaned amounts.
In the event that our initial business combination does not close, we