Company: FGMCU
Filing Date: 2025-01-21
Form Type: S-1/A
Source: 0001104659-25-004764
Chunk: 260

Company: FG Merger II Corp.
Filing Date: 2025-01-21
Form: S-1/A
Chunk 260
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requirements and restrictions relating to this offering that will apply to us until the completion of our initial business combination.
These provisions cannot be amended without the approval of the holders of 65% of our common stock. Our initial stockholders, who will
collectively beneficially own 20% of our common stock upon the closing of this offering (assuming they do not purchase any units in this
offering and excluding the shares of common stock underlying the public rights, the Underwriter Units, EarlyBird Units, the private units,
the $15 Exercise Price Warrants or the units issuable upon conversion of working capital loans), may participate in any vote to amend
our amended and restated articles of incorporation and will have the discretion to vote in any manner they choose. Specifically, our
amended and restated articles of incorporation provide, among other things, that:

| · | If we are unable to complete                                                                                                                
 our initial business combination within 24 months from the closing of this offering (or such later date pursuant to an approved extension), 
 we will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but no more                  
 than ten business days thereafter, redeem 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 of funds withdrawn for working capital purposes (not to exceed $1,000,000 annually) and taxes payable, and up to $100,000                   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, which redemption will completely         
 extinguish public stockholders’ rights as stockholders (including the right to receive further liquidating distributions, if                
 any), and (iii) as promptly as reasonably possible following such redemption, subject to the approval of our remaining stockholders         
 and our board of directors, liquidate and dissolve, subject in each case to our obligations under Nevada law to provide for claims          
 of creditors and in all cases subject to the requirements of other applicable law;                                                          |

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| · | Prior to our initial business combination, we may not                                                                           
 issue additional securities that would entitle the holders thereof to (i) receive funds from the trust account or (ii) vote     
 as a class with our public shares (a) on our initial business combination or (b) to approve an amendment to our amended