FGMCU

FG Merger II Corp. [FGMCU] represents units from a special purpose acquisition company. Each unit typically consists of one common share and a fraction of a warrant or right to purchase additional shares at a predetermined price. Units are sold in SPAC initial public offerings with proceeds placed in trust pending a business combination. After the IPO, unit holders may separate their holdings into constituent securities. These derivative instruments carry risks associated with the SPAC's ability to identify and complete a successful merger within the required timeframe.