BOXABL and FG Merger II Stockholders Approve Business Combination, Paving Way for Public Listing
Stockholders of BOXABL and FG Merger II Corp. approved their merger, enabling BOXABL to go public on Nasdaq under ticker BXBL and access capital markets to scale its affordable modular housing solutions.
BOXABL and FG Merger II Corp. (NASDAQ: FGMC) announced that stockholders of both companies have approved their previously announced business combination at special meetings held on June 9, 2026. Upon closing, FGMC will be renamed BOXABL Inc., and the combined company's common stock is expected to begin trading on the Nasdaq Stock Market under the ticker symbol BXBL.
The approvals mark a significant milestone for BOXABL, a company that aims to transform the housing market with its modular building systems designed to deliver affordable, high-quality homes at unprecedented speed. According to company executives, the combination will provide BOXABL with access to public capital markets to support expansion of its factory-built housing platform and accelerate growth as a publicly traded company. This move is important because it could help address the persistent housing affordability crisis by enabling faster production and distribution of low-cost housing units.
BOXABL's flagship product, the Casita, is a 361-square-foot studio unit that includes a full kitchen, bathroom, and utilities. The unit unfolds on-site in less than an hour and is manufactured inside BOXABL's facilities. The company has also announced the Baby Box, a smaller 120-square-foot unit built to RV code, intended for simpler, no-foundation setups. Additionally, BOXABL is developing stackable and connectable box models that can be combined to form townhomes, multifamily units, or larger single-family homes.
For more information about BOXABL, visit https://www.boxabl.com/ir. The full press release can be accessed at https://nnw.fm/vNtkY.
FG Merger II Corp. is a blank check company, also known as a special purpose acquisition company (SPAC), formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. More details are available at https://fgmerger.com/.
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