FG Merger II Corp. reports a 13G ownership disclosure showing 1,494,101 shares (14.9% of common stock) held by each of several related filers. The filing lists Atsion Asset Management LLC, John Salemi, Camac Fund, LP, Camac Partners, LLC, Camac Capital, LLC and Eric Shahinian as reporting persons, each with 1,494,101 shares and 14.9% ownership.
The filing states these shares are directly owned by advisory clients of Camac Partners, LLC and Atsion Asset Management LLC and that, other than Camac Fund, LP, no single advisory client is known to beneficially own more than 5% of the class.
Positive
None.
Negative
None.
Insights
Multiple related entities report shared ownership of 1,494,101 shares (14.9%).
The filing shows shared voting and dispositive power for each reporting person over 1,494,101 shares. This indicates collective influence rather than sole control by any single filer. The holdings are described as owned by advisory clients.
Future disclosures may clarify whether these holdings translate into coordinated voting; timing and coordination details are not present in the excerpt.
Schedule 13G used here to report passive/beneficial ownership details by related parties.
The form lists exact share counts and voting/dispositive split: 0 sole power and 1,494,101 shared power to vote and dispose for each filer. The filing includes a statement clarifying ownership is held by advisory clients of the reporting advisers.
Material change indicators (e.g., intent to influence) are not stated; filings that convert to 13D would indicate active control intent.
Key Figures
Shares reported per filer:1,494,101 sharesPercent of class:14.9%Sole voting power:0+2 more
5 metrics
Shares reported per filer1,494,101 sharesAmount beneficially owned listed in Item 4(a)
Percent of class14.9%Percent of class listed in Item 4(b)
Sole voting power0Sole power to vote listed in Item 4(c)(i)
Shared voting power1,494,101 sharesShared power to vote listed in Item 4(c)(ii)
CUSIP30334J102CUSIP for FG Merger II common stock
Key Terms
Schedule 13G, Beneficially owned, Shared voting power
3 terms
Schedule 13Gregulatory
"Item 1. | (a) | Name of issuer: FG Merger II Corp."
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Shared voting powerregulatory
"Item 4. | (ii) Shared power to vote or to direct the vote: ... 1,494,101"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
What does the FGMC Schedule 13G filed by Camac and Atsion report?
It reports that each reporting person beneficially owns 1,494,101 shares, representing 14.9% of common stock. The filing names Atsion Asset Management LLC, John Salemi, Camac Fund, LP, Camac Partners, LLC, Camac Capital, LLC and Eric Shahinian.
Who holds the voting power for the 1,494,101 shares reported in FGMC 13G?
Each reporting person is shown with 0 sole voting power and 1,494,101 shared voting power. The filing indicates shared voting and dispositive power rather than sole control by any single filer.
Are the reported FGMC shares owned directly by the filers or by clients?
The filing states the securities are directly owned by advisory clients of Camac Partners, LLC and Atsion Asset Management LLC. Only Camac Fund, LP may be treated as a >5% beneficial owner among those clients.
Does this Schedule 13G indicate the filers plan to take control of FG Merger II Corp?
No explicit intent to control is stated. The Schedule 13G lists beneficial ownership and shared powers; no language in the excerpt asserts an intent to influence or change control.
What percentage of FGMC does 1,494,101 shares represent per the filing?
The filing shows that 1,494,101 shares equal 14.9% of the class for each reporting person. That percent is the figure presented in Item 4(b) of the submission.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
FG Merger II Corp.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
30334J102
(CUSIP Number)
06/12/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
30334J102
1
Names of Reporting Persons
Atsion Asset Management LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,494,101.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,494,101.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,494,101.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
14.9 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP Number(s):
30334J102
1
Names of Reporting Persons
John Salemi
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,494,101.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,494,101.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,494,101.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
14.9 %
12
Type of Reporting Person (See Instructions)
HC, IN
SCHEDULE 13G
CUSIP Number(s):
30334J102
1
Names of Reporting Persons
Camac Fund, LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,494,101.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,494,101.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,494,101.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
14.9 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
30334J102
1
Names of Reporting Persons
Camac Partners, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,494,101.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,494,101.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,494,101.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
14.9 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP Number(s):
30334J102
1
Names of Reporting Persons
Camac Capital, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,494,101.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,494,101.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,494,101.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
14.9 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP Number(s):
30334J102
1
Names of Reporting Persons
Eric Shahinian
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,494,101.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,494,101.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,494,101.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
14.9 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
FG Merger II Corp.
(b)
Address of issuer's principal executive offices:
104 S. Walnut Street, Unit 1A Itasca, IL 60143
Item 2.
(a)
Name of person filing:
Atsion Asset Management LLC - Delaware
John Salemi - United States
Camac Fund, LP - Delaware
Camac Partners, LLC - Delaware
Camac Capital, LLC - Delaware
Eric Shahinian - United States
(b)
Address or principal business office or, if none, residence:
Atsion Asset Management LLC
35 Grove Street, Apt 6E
New York, NY 10014
John Salemi
35 Grove Street, Apt 6E
New York, NY 10014
Camac Fund, LP
1601-1 N. Main Street #3159, SMB#92283
Jacksonville, FL 32206
Camac Partners, LLC
1601-1 N. Main Street #3159, SMB#92283
Jacksonville, FL 32206
Camac Capital, LLC
1601-1 N. Main Street #3159, SMB#92283
Jacksonville, FL 32206
Eric Shahinian
1601-1 N. Main Street #3159, SMB#92283
Jacksonville, FL 32206
(c)
Citizenship:
United States
(d)
Title of class of securities:
Common Stock
(e)
CUSIP Number(s):
30334J102
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
All of the securities reported in this Schedule 13G are directly owned by advisory clients of Camac Partners, LLC and Atsion Asset Management LLC. None of those advisory clients, other than Camac Fund, LP, may be deemed to beneficially own more than 5% of the Common Stock.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
