Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 205

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 205
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 at a per-share price, payable in cash, equal to the aggregate amount, then on deposit in the trust account (which   
 is initially anticipated to be $10.10 per share (or $10.087 per share if the underwriters exercise their over-allotment option    
 in full)), including interest earned on the funds held in the trust account (which interest shall be net of funds withdrawn for   
 working capital purposes (not to exceed $1,000,000 annually) and taxes payable, and up to $100,000 of interest to pay dissolution 
 expenses), divided by the number of then outstanding public shares.                                                               |

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|                                  |     | Redemptions in                                                                                                                      
 Connection with Our                                                                                                                 
 Initial Business                                                                                                                    
 Combination                                                                                                                         |     | Other Permitted                                                                                            
 Purchases of Public                                                                                        
 Shares by Our                                                                                              
 Affiliates                                                                                                 |     | Redemptions                                                                                                                        
 if We                                                                                                                              
 Fail to Complete an                                                                                                                
 Initial Business                                                                                                                   
 Combination                                                                                                                        |
| Impact to remaining stockholders |     | The redemptions in connection with our initial business                                                                             
 combination will reduce the book value per share for our remaining stockholders, who will bear the burden of the interest withdrawn 
 in order to pay our taxes and working capital expenses (to the extent not paid from amounts accrued as interest on the funds held   
 in the trust account).                                                                                                              |     | If the permitted purchases described above are made,                                                       
 there would be no impact to our remaining stockholders because the purchase price would not be paid by us. |     | The redemption of our public shares if we fail to complete                                                                         
 our initial business combination will reduce the book value per share for the shares held by our initial stockholders, who will be 
 our only remaining stockholders after such redemptions.                                                                            |

Comparison of This Offering to Those of Blank Check Companies Subject to Rule 419

The following table compares the terms of this offering to the terms
of an offering by a blank check company subject to the provisions of Rule 419. This comparison assumes that the gross proceeds,
underwriting commissions and underwriting expenses of our offering would be identical to those of an offering undertaken by a company
subject to Rule 419, and that the underwriters will not exercise their over- allotment option. None of the provisions of Rule 419
apply to our offering.

|                             |     | Terms of Our offering                                                                                                              |     | Terms Under a