FG Merger II Corp.
Business
FG Merger II Corp. is a blank check company incorporated in Nevada that was formed to effect a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. The company completed its initial public offering in January 2025 and subsequently entered into a merger agreement with Boxable Inc., a target business in the financial services industry.
Summary from 10-K filed 2026-03-31
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 |
|---|---|---|---|
| General and administrative expenses | 972,161 | 25,850 | |
| Loss from operations | −972,161 | −25,850 | |
| Investment income on trust account | 3 | — | |
| Income before taxes | 2 | — | |
| Income tax expense | 637,747 | — | |
| Net income (loss) | 1 | −25,850 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2023 2023-09-30 |
|---|---|---|---|---|---|
| Cash | 486,900 | 46,285 | 56,248 | — | |
| Prepaid expense | 97,547 | — | — | — | |
| Deferred offering cost | — | 122,750 | 114,670 | — | |
| Total current assets | 584,447 | 169,035 | — | — | |
| Cash held in trust account | 82 | — | — | — | |
| TOTAL ASSETS | 83 | 169,035 | 170,918 | — | |
| Accounts payable | 57,171 | 25,728 | 1,761 | — | |
| Accrued offering cost | — | 20,939 | 20,939 | — | |
| Tax liability | 137,747 | — | — | — | |
| Promissory note | — | 125,000 | 125,000 | — | |
| TOTAL LIABILITIES | 194,918 | 171,667 | 147,700 | — | |
| COMMITMENTS AND CONTINGENCIES | — | — | — | — | |
| Additional paid in capital | — | 26,436 | 24,784 | — | |
| Accumulated deficit | 389,270 | −29,298 | −1,782 | — | |
| Total Stockholders' Equity | 389,529 | −2,632 | 23,218 | 0 | |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | 83 | 169,035 | 170,918 | — |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 |
|---|---|---|---|
| Net income (loss) | 1 | −25,850 | |
| Deferred offering cost | −20,939 | −8,080 | |
| Accounts payable | 31,443 | 23,967 | |
| Prepaid expenses | −97,547 | — | |
| Tax liability | 137,747 | — | |
| Interest expense | 6,671 | — | |
| Net cash used in operating activities | 1 | −9,963 | |
| Investment in trust account | −82 | — | |
| Net cash used in investing activities | −82 | — | |
| Proceeds from promissory note | 417,000 | — | |
| Repayment of promissory note | −548,671 | — | |
| Proceeds from sale of 8,000,000 units at $10 per unit in IPO net of offering cost paid at closing | 79 | — | |
| Proceeds from sale of 248,300 units to Sponsor in private placement | 2 | — | |
| Proceeds from sale of 40,000 units to underwriters in private placement | 100 | — | |
| Proceeds from sale of 1,000,000 $15 strike warrants in private placement | 100,000 | — | |
| Net cash provided by Financing activities | 81 | — | |
| Net increase in cash | 440,615 | −9,963 | |
| Offering cost | 1 | 122,750 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is FG Merger II Corp.'s CIK number?
FG Merger II Corp.'s SEC CIK number is 0001906364 (1906364). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find FG Merger II Corp.'s SEC filings?
All of FG Merger II Corp.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.