BOXABL Sets June 9 Vote on SPAC Merger with FG Merger II to Go Public on Nasdaq
BOXABL, a modular housing company, announced that FG Merger II Corp. stockholders will vote on June 9, 2026, on a proposed business combination that would take BOXABL public, with the combined entity expected to trade under the ticker 'BXBL' on Nasdaq.
BOXABL, a company transforming the housing market with its modular building systems, announced that FG Merger II Corp. (NASDAQ: FGMC) stockholders will vote on June 9, 2026, on the proposed business combination that would take BOXABL public. The vote represents a critical step toward completing the merger, which is expected to close shortly after stockholder approval. FGMC is encouraging stockholders to vote in favor of the transaction, noting that public stockholders who do not redeem their shares will automatically become BOXABL stockholders upon closing.
The deadline for public stockholders to exercise redemption rights is June 5, 2026, at 5 p.m. ET. Following completion of the merger, FGMC is expected to be renamed BOXABL, Inc. and re-list on Nasdaq under the ticker symbol “BXBL.” This move would provide BOXABL with access to public capital markets, enabling the company to scale its innovative housing solutions.
Founded in 2017, BOXABL has attracted worldwide attention for its approach to solving housing challenges. The company’s flagship product, the Casita, is a 361 square foot studio unit with a full kitchen, bathroom, and utilities that unfolds on-site in less than an hour. Manufactured inside BOXABL’s facilities, the Casita is designed to deliver affordable, high-quality homes at unprecedented speed. Additionally, BOXABL has announced the Baby Box, a smaller 120 square foot unit built to RV code, intended for simpler, no-foundation setups. The company is also developing stackable and connectable box models that can be combined to form townhomes, multifamily units, or larger single-family homes.
The proposed business combination is a significant milestone for BOXABL as it seeks to address the global housing shortage. By going public, BOXABL can raise capital to expand production and bring its modular homes to more markets. The housing industry has been grappling with rising costs and supply chain issues, and BOXABL’s approach offers a potential solution for faster, more affordable construction. The merger with FG Merger II Corp., a special purpose acquisition company (SPAC), provides a pathway to public listing without the traditional initial public offering process.
For investors, the vote is a key event. FGMC stockholders must decide whether to redeem their shares or become shareholders in the newly combined entity. The outcome could set the stage for BOXABL to become a publicly traded company and potentially disrupt the housing market with its modular technology. More information about the transaction is available in the company’s newsroom at https://ibn.fm/FGMC.