Company: FGMCU
Filing Date: 2025-09-18
Form Type: S-4
Source: 0001104659-25-091249
Chunk: 309

Company: FG Merger II Corp.
Filing Date: 2025-09-18
Form: S-4
Chunk 309
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,628,583 funds held in the Trust Account to cash that becomes available following the Business Combination. |

| B | Represents preliminary estimated transaction costs expected to be incurred by FGMC and BOXABL of approximately $15,285,350 which represents underwriter fee, legal, accounting, printing, director and officer’s insurance and other transaction related fees incurred as part of the Business Combination. Total estimated transaction cost for FGMC is approximately$5,500,000, of which approximately $394,000 is allocated as prepaid director and officer insurance premium. The remaining $5,106,000 is included as an adjustment to additional paid-in capital Total estimated transaction cost for BOXABL is approximately $9,800,000, of which $2,300,000 is allocated as prepaid director and officer insurance premium. The remaining approximately $7,500,000 is included as an adjustment to additional paid-in capital Represents the reclassification of FGMC’s Common Stock subject to possible redemptions to permanent equity under Scenario 1 - No Redemption. In Scenario 2, it reflects the maximum Redemption of 8,000,000 FGMC shares for aggregate redemption payments of $81,334,109, net of tax liability at a |

| C | Redemption price of approximately $10.17 per share. This scenario presents additional adjustments to reflect the effect of the maximum redemptions |

| D | Represents the exchange of outstanding BOXABL common stock into 247.910,599 shares of Combined Company at par value of $0.0001 per share upon the closing of Business Combination. This amount includes the BOXABL convertible securities including Stock Option, Warrants and Restricted Stock Units being exchanged for common shares. |

| E | Represents the exchange of outstanding BOXABL preferred shares into 102,089,401 shares of Combined Company Merger Preferred Stock at par value of $0.0001 per share upon the Business Combination. |

| F | Represents the elimination of FGMC historical accumulated earnings. |

| G | Represents the conversion of Public Rights, rights underlying the Private Units, rights underlying the Underwriter and Advisors Units into Combined Company’s common stock upon Business Combination |

161

BOXABL and FGMC UNAUDITED PRO FORMA CONDENSED COMBINED STATEMENT OF PROFIT OR LOSS FOR THE SIX MONTHS ENDED JUNE 30, 2025

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 (In thousands, except per share and                               
 weighted -average share data)                                     | ​