Company: FGMCU
Filing Date: 2025-12-30
Form Type: S-4/A
Source: 0001104659-25-124947
Chunk: 16

Company: FG Merger II Corp.
Filing Date: 2025-12-30
Form: S-4/A
Chunk 16
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 will be 247,331,061, assuming all Convertible Securities of BOXABL are also converted into Combined Company Common Stock; |

| ● | the total shares of Combined Company Merger Preferred Stock to be issued to holders of BOXABL Preferred Stock will be 102,668,939; |

| ● | the beneficial ownership of the Sponsor of 2,000,000 shares FGMC Common Stock were acquired for an aggregate investment of $25,000 prior to the IPO. Such shares would become worthless if FGMC does not complete a business combination by January 30, 2027or during any extension period, as the Sponsor waived any redemption right with respect to those shares. At the Closing, the Sponsor would own a total of 2,273,130 shares of Combined Company Common stock. Such shares have an aggregate market value of approximately $22.8 million based on the closing price of FGMC Common Stock Common Stock of $10.04 on December 10, 2025, the most recent practicable date prior to the date of the accompanying joint proxy statement/prospectus on which trading data for FGMC Common Stock was available; |

| ● | the beneficial ownership of the Sponsor of 248,300 private placement units, which were acquired for an aggregate investment of $2,483,000 at the time of the IPO. Each Private Unit consists of one common share and one Private Unit Right. Each whole Private Unit Right entitles the holder to convert the right to one-tenth share of FGMC Common Stock. |

Such units would expire and be worthless if FGMC does not complete a business combination by January 30, 2027 or during any extension period;

| ● | The beneficial ownership of the Sponsor of 1,000,000 $15 Private Warrants which were acquired for an aggregate investment of $100,000 at the time of the IPO. Each $15 Private Warrant entitles the holder to purchase one share of Common Stock at an exercise price of $15.00 per each share, will be exercisable for a period of 10 years from the date of the Business Combination, will be non-redeemable, and may be exercised on a cashless basis. Additionally, $15 Private Warrants and the shares issuable upon the exercise of the $15 Private Warrants are not to be transferable, assignable or salable until after the completion of a business combination, subject to certain limited exceptions. Such units would expire and be worthless if FGMC does not complete a business