FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
Atsion Asset Management LLC

(Last) (First) (Middle)
35 GROVE STREET, APT 6E

(Street)
NEW YORK, NY 10014

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
06/15/2026
3. Issuer Name and Ticker or Trading Symbol
FG Merger II Corp. [ FGMC ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 1,494,101
I
See foonotes (1)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. (1) The securities are owned directly by Camac Fund, LP (the "Fund") and may be deemed to be indirectly beneficially owned by (i) Camac Partners, LLC ("Camac Partners"), the investment manager of the Fund, (ii) Camac Capital, LLC ("Camac Capital"), the general partner of the Fund as well as the managing member of Camac Partners, (iii) Eric Shahinian, the manager of Camac Capital, (iv) Atsion Asset Management LLC ("Atsion"), the sub-adviser to the Fund and (v) John Salemi, the managing member of Atsion. Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 3 except to the extent of its or his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
Atsion Asset Management LLC By: /s/ John Salemi Managing Member 06/22/2026
** Signature of Reporting Person Date
Camac Fund, LP By: Camac Capital, LLC, its General Partner By: /s/ Eric Shahinian Manager 06/22/2026
** Signature of Reporting Person Date
Camac Partners, LLC By: Camac Capital, LLC, its Managing Member By: /s/ Eric Shahinian Manager 06/22/2026
** Signature of Reporting Person Date
Camac Capital, LLC By: /s/ Eric Shahinian Manager 06/22/2026
** Signature of Reporting Person Date
/s/ John Salemi John Salemi 06/22/2026
** Signature of Reporting Person Date
/s/ Eric Shahinian Eric Shahinian 06/22/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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