Boxabl Public Debut Via FG Merger II Corp. on Nasdaq

Innovative modular housing manufacturer BOXABL Inc. is set to transition to public markets through a business combination with FG Merger II Corp., a special purpose acquisition company. Stockholders of FG Merger II Corp. will convene on June 9, 2026, to cast their votes on the proposed merger. This pivotal transaction will see the combined entity adopt the BOXABL, Inc. name and seek listing on the Nasdaq exchange under the ticker symbol BXBL.

The SPAC, FG Merger II Corp., has provided a crucial deadline for its public shareholders: those wishing to redeem their shares must do so by 5:00 p.m. ET on June 5, 2026. This mechanism allows existing investors to exit their positions before the merger is finalized, a standard procedure in SPAC transactions. The board of directors for FG Merger II Corp. has formally recommended that its stockholders approve the merger proposals, signaling strong support for the combination.

BOXABL Inc. has garnered attention for its proprietary approach to prefabricated housing. The company's flagship product, the 'Casita,' is a compact 361-square-foot studio dwelling that can be rapidly deployed and assembled on-site in less than an hour. This efficiency is a key differentiator in a housing market grappling with affordability and construction delays. The company is also actively developing additional housing configurations, including smaller units and stackable designs, to address a wider spectrum of housing needs.

The move to public trading comes at a time when the construction technology sector is experiencing significant investor interest. Companies offering scalable, efficient building solutions are increasingly sought after, driven by persistent housing shortages and a growing demand for sustainable and cost-effective construction methods. The global modular construction market, for instance, is projected to expand considerably in the coming years, presenting a favorable backdrop for BOXABL's public debut.

Upon the successful completion of the merger, shareholders of FG Merger II Corp. who retain their shares will automatically become owners of the newly formed BOXABL, Inc. This transition is expected to provide BOXABL with enhanced access to capital, enabling it to accelerate its manufacturing capabilities, expand its product lines, and scale its operations to meet growing market demand. Detailed information regarding the transaction's terms and conditions is available in the definitive proxy statement/prospectus filed with the U.S. Securities and Exchange Commission.

This strategic combination represents a significant milestone for BOXABL, marking its entry into the public investment arena. The company's innovative manufacturing process and its focus on addressing critical housing needs position it as a noteworthy player in the proptech and construction sectors. The successful integration and subsequent performance of BOXABL, Inc. on Nasdaq will be closely watched by industry observers and investors alike.