For the year ending 2025-12-31, FGMCU had $440,615 increase in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income (loss) | 1,426,980 |
| Deferred offering cost | 20,939 |
| Accounts payable | 31,443 |
| Prepaid expenses | 97,547 |
| Tax liability | 137,747 |
| Interest expense | 6,671 |
| Net cash used in operating activities | 1,484,355 |
| Investment in trust account | 82,136,888 |
| Net cash used in investing activities | -82,136,888 |
| 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 | 78,641,719 |
| Proceeds from sale of 248,300 units to sponsor in private placement | 2,483,000 |
| 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 | 81,093,148 |
| Net increase in cash | 440,615 |
| Cash at beginning of period | 46,285 |
| Cash at end of period | 486,900 |
FG Merger II Corp. (FGMCU)
FG Merger II Corp. (FGMCU)