secwatch.observer — SEC 8-K summary
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Issuer:     FG Merger II Corp. (FGMC)
CIK:        0001906364
Form:       8-K
Filed at:   2026-05-29T12:42:19+00:00
Accession:  0001104659-26-067927
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FGMC enters forward purchase agreement for up to 3M shares; related party novation to FGCP
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- Forward Purchase Agreement with Atsion for up to 3,000,000 shares at initial $10 reference price; prepayment from trust account.
- Novation of half the agreement to FG Capital Partners (affiliated with FGMC officers/directors) for related party treatment.
- Settlement adjustment of $0.80/share; seller waives redemption rights during the term.
- Counterparty may reduce reference price once per 21-day period; valuation date 90 days post-closing with two 90-day extensions.
- Counterparty to pay $40k legal fees and $0.10/share brokerage via Fee Shares reduction.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1906364/000110465926067927/0001104659-26-067927-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1906364/000110465926067927/tm2615975d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-067927

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