It is assembled! It was very satisfying putting the figure together since it looks glorious! I think overall it was worth buying Wave 2 just to get this beast in hand. The Merciless is another member of the Dark Knights, led by Batman Who Laughs to give rise to a permanent Dark Multiverse. The Merciless is the dark mirrored reflection of a Batman who assumes the powers of Ares. Bruce Wayne of Earth -12 grows to be Batman in typical fashion. Ares, the God of War, creates a helmet that amplifies his powers a hundredfold. For a couple of years, Wonder Woman and Batman work together to stop him from conquering, falling in love in between.
In a final conflict, Diana appears dead after being incapacitated by Ares, and Batman takes the helmet and dons it. Gaining incredible strength, magma control, pathokinesis (the ability to inspire rage and a desire to fight), and energy absorption, he kills Ares. He begins believing his old code to be worthless and becomes The Merciless. After awakening, Diana fears what the power will do to Bruce, and tries to remove it. So addicted to the helmet's influence, he kills her as well. He goes on a rampage that involves killing nearly every hero. His fight goes all the way to Themiscara and the Greek Gods. His world is about to end in the Dark Multiverse when Batman Who Laughs appears and recruits him to be part of his Dark Knights.