FG Merger II, BOXABL amend merger deal to revise lock-up terms

• FG Merger II Corp. agreed May 6, 2026 to a third amendment to its merger agreement with BOXABL, updating post-closing lock-up terms for company holders and sponsor holders.
• Company lock-up revised to release 50% of shares at six months if stock trades at or above $12 for 20 of 30 trading days; remaining shares unlock at 13 months regardless of price.
• Sponsor lock-up revised to release 50% at earlier of 12 months or a $12 price trigger based on 20 of 30 trading days; remaining 50% unlocks at 12 months.
• Both lock-ups add an early release if shares trade at or above $20, including intraday.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FG Merger II Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-060311), on May 13, 2026, and is solely responsible for the information contained therein.