Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 292

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 292
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-up. Up to 14,610 founder shares will be forfeited by Mr. Jaigobind depending on the
exercise of the over-allotment option.

Mr. Jaigobind will have certain “piggyback” registration
rights with respect to registration statements filed subsequent to our completion of our initial business combination. The demand and
piggyback registration rights being granted to Mr. Jaigobind are subject to FINRA Rule 5110(g)(8). Accordingly, Mr. Jaigobind may
not exercise his demand and “piggyback” registration rights after five and seven years, respectively, after the effective
date of the registration statement of which this prospectus forms a part and may not exercise his demand rights on more than one occasion.
We will bear the costs and expenses of filing any such registration statements.

In addition, ThinkEquity has agreed to (i) waive its redemption
rights with respect to its Underwriter Shares in connection with the completion of our initial business combination, (ii) waive
its redemption rights with respect to their Underwriter Shares in connection with a stockholder vote to approve an amendment to our amended
and restated articles of incorporation (A) to modify the substance or timing of our obligation to redeem 100% of our public shares
if we do not complete our initial business combination within 24 months from the closing of this offering (or such later date pursuant
to an approved extension), or (B) with respect to any other provision relating to stockholders’ rights or pre-initial business
combination activity and (iii) waive its rights to liquidating distributions from the trust account with respect to their Underwriter
Shares if we fail to complete our initial business combination within 24 months from the closing of this offering (or such later date
pursuant to an approved extension). The shares have been deemed compensation by FINRA and are therefore subject to a lock-up for a period
of 180 days immediately following the date of the effectiveness of the registration statement of which this prospectus forms a part pursuant
to Rule 5110(e)(1) of FINRA’s Conduct Rules. Pursuant to FINRA Rule 5110(e)(1), these securities will not be the
subject of any hedging, short sale, derivative, put or call transaction that would result in the economic disposition of the securities
by any person for a period of 180 days immediately following the effective date of the registration statement of which this prospectus
forms a part,