For the quarter ending 2026-03-31, FGMCR had -$243,665 decrease in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 |
|---|---|---|---|
| Net income (loss) | 287,762 | 452,326 | 974,654 |
| Accrued offering cost | - | - | -20,939 |
| Deferred offering cost | - | 20,939 | - |
| Accounts payable | 7,293 | 54,443 | -23,000 |
| Prepaid expenses | -22,340 | -22,844 | 120,391 |
| Tax liability | 161,164 | -334,792 | 472,539 |
| Interest expense | - | 0 | 6,671 |
| Net cash used in operating activities | 478,559 | 194,821 | 1,289,534 |
| Investment in trust account | 722,224 | 286,707 | 81,850,181 |
| Net cash used in investing activities | -722,224 | -286,707 | -81,850,181 |
| Proceeds from promissory note | - | 0 | 417,000 |
| Repayment of promissory note | - | 0 | 548,671 |
| Proceeds from sale of 8,000,000 units at 10 per unit in ipo net of offering cost paid at closing | - | 0 | 78,641,719 |
| Proceeds from sale of 248,300 units to sponsor in private placement | - | 0 | 2,483,000 |
| Proceeds from sale of 40,000 units to underwriters in private placement | - | 0 | 100 |
| Proceeds from sale of 1,000,000 15 strike warrants in private placement | - | 0 | 100,000 |
| Net cash provided by financing activities | - | 0 | 81,093,148 |
| Net increase in cash | -243,665 | -91,886 | 532,501 |
| Cash at beginning of period | 486,900 | 578,786 | 46,285 |
| Cash at end of period | 243,235 | 486,900 | 578,786 |
FG Merger II Corp. (FGMCR)
FG Merger II Corp. (FGMCR)