Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 190

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 190
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writers exercise their over-allotment option
in full). Our initial stockholders, sponsor, officers and directors have entered into a letter agreement with us, pursuant to which they
have agreed to waive their redemption rights with respect to any founder shares and public shares they may hold in connection with the
completion of our initial business combination.

Limitations on Redemptions

Our proposed initial business combination may impose a minimum cash
requirement for: (i) cash consideration to be paid to the target or its owners, (ii) cash for working capital or other general
corporate purposes or (iii) the retention of cash to satisfy other conditions. In the event the aggregate cash consideration we
would be required to pay for all shares of common stock that are validly submitted for redemption plus any amount required to satisfy
cash conditions pursuant to the terms of the proposed initial business combination exceed the aggregate amount of cash available to us,
we will not complete the initial business combination or redeem any shares in connection with such initial business combination, and
all shares of common stock submitted for redemption will be returned to the holders thereof. We may, however, raise funds through the
issuance of equity-linked securities or through loans, advances or other indebtedness in connection with our initial business combination,
including pursuant to forward purchase agreements or backstop arrangements we may enter into following consummation of this offering,
in order to, among other reasons, satisfy such minimum cash requirements.

Manner of Conducting Redemptions

We will provide our public stockholders with the opportunity to redeem
all or a portion of their public shares (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 either (i) in connection with
a stockholder meeting called to approve the initial business combination (regardless of whether a stockholder votes on the proposed transaction
(and regardless of whether a stockholder votes for, votes against, or abstains with respect to the transaction, if the stockholder elects
to vote) or (ii) without a stockholder vote by means of a tender offer. The decision as to whether we will seek stockholder approval
of a proposed initial business combination or conduct a tender offer will be made by us, solely in our discretion, and will be based
on a variety of factors such as the timing of the transaction and whether the terms of the transaction would require us to seek stock