Company: FGMCU
Filing Date: 2025-09-18
Form Type: S-4
Source: 0001104659-25-091249
Chunk: 413

Company: FG Merger II Corp.
Filing Date: 2025-09-18
Form: S-4
Chunk 413
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 and the nature of their employment in the corporate finance sector. The primary purpose of the audit committee is to assist the Combined Company’s board of directors with oversight of the Combined Company’s accounting and financial reporting processes and the audit of the Combined Company’s financial statements. The Combined Company’s audit committee will operate under a written charter, which the Combined Company’s board of directors will adopt in connection with the Closing, that satisfies the applicable Nasdaq listing rules. Compensation Committee The compensation committee is expected to consist of [ ●]. [ ●] is expected to serve as the chair of the compensation committee. The Combined Company board of directors is expected to determine that each proposed member of its compensation committee is independent under the applicable Nasdaq listing rules, and each proposed member is a “non-employee director” as defined in Rule 16b-3 promulgated under the Exchange Act. The primary function of the compensation committee is to assist the Combined Company’s board of directors with oversight of the Combined Company’s compensation structure, policies and programs and to review the processes and procedures for the consideration and determination of the Combined Company’s director and executive compensation. The Combined Company’s compensation committee will operate under a written charter, which the Combined Company’s board of directors will adopt in connection with the Closing, that satisfies the applicable Nasdaq listing rules. Nominating and Corporate Governance Committee The nominating and corporate governance committee is expected to consist of Paolo Tiramani, Galiano Tiramani and Zvi Yemini. [●] is expected to serve as the chair of the nominating and corporate governance committee. The Combined Company board of directors is expected to determine that each proposed member of the nominating and corporate governance committee is independent under applicable Nasdaq listing rules. The primary function of the nominating and corporate governance committee is to consider candidates for the Combined Company’s board of directors, oversee the Combined Company’s corporate governance policies, reporting and making recommendations to the Combined Company’s board of directors concerning governance matters and oversight of the evaluation of the Combined Company’s board of directors. The Combined Company’s nominating and corporate governance committee will operate under a written charter, which the Combined Company’s board of directors will adopt in connection with the Closing, that satisfies the applicable Nasdaq listing rules. Controlled Company Exception At the Closing, due to the ownership by BOXABL’s executive officers of the Combined Company Common Stock, the Combined Company will be considered a “ controlled company” within the meaning of the Nasdaq listing rules. Under the Nasdaq listing rules, a company of which