Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 2

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 2
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, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us. Although we may acquire a business in any industry, we intend to focus our search for a target business in the financial services industry in North America.

This is an initial public offering of our securities. Each unit
has an offering price of $10.00 and consists of one share of common stock and one right to receive one-tenth (1/10) of a share of common
stock upon the consummation of an initial business combination, as described in more detail in this prospectus. We refer to the rights
included in the units as “rights” or the “public rights.” The underwriters have a 45-day option from the date
of this prospectus to purchase up to 1,200,000 additional units to cover over-allotments, if any.

We will provide our public stockholders with the opportunity to redeem
all or a portion of their shares of common stock (up to an aggregate of 15% for each public stockholder of the shares sold in this offering,
as described in more detail in this prospectus) upon the completion of our initial business combination at a per-share price, payable
in cash, equal to the aggregate amount then on deposit in the trust account described below as of two business days prior to the consummation
of our initial business combination, 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funds withdrawn for working capital purposes (not to exceed $1,000,000 annually) and taxes payable), divided by the number of then outstanding
shares of common stock that were sold as part of the units in this offering, which we refer to collectively as our public shares, subject
to the limitations and on the conditions described herein. If we are unable to complete our initial business combination within 24 months
from the closing of this offering (or such later date as approved by the affirmative vote of the holders of a majority of the shares
of our common stock that are voted at a stockholder meeting held to amend our organizational documents to extend such date, voting together
as a single class), we will redeem 100% of the public shares at a per share price, payable in cash, equal to the aggregate amount then
on deposit in the trust account, including interest earned on the funds held in the trust account (which interest shall be net of funds