BOXABL Completes SPAC Merger and Begins Nasdaq Trading

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BOXABL Completes Business Combination with FG Merger II Corp.

Las Vegas, Nevada, USA. BOXABL Inc. (NASDAQ: BXBL) has officially announced the successful completion of its business combination with FG Merger II Corp. (formerly NASDAQ: FGMC). Following stockholder approval secured on June 9, 2026, the combined entity is now a publicly traded company.

The business combination was finalized at a valuation of $3.5 billion, with shares beginning their official trading on the Nasdaq Stock Market under the ticker symbol BXBL effective July 20, 2026. Under the terms of the agreement, FGMC issued 350 million shares to BOXABL stockholders, with existing shareholders electing to roll 100% of their equity into the new combined company.

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About BOXABL Inc.

BOXABL is transforming the housing market with its modular building systems designed to deliver affordable, high-quality homes at unprecedented speed. Founded in 2017, BOXABL’s innovative approach has attracted worldwide attention as it aims to solve housing challenges for individuals and communities alike. BOXABL’S flagship product, the Casita, is a 361 square foot studio unit with a full kitchen, bathroom, and utilities. The Casita unfolds on-site in less than an hour and is manufactured inside BOXABL’s facilities. BOXABL also has announced the Baby Box, a smaller 120 square foot unit built to RV code, intended for simpler, no foundation-setups. BOXABL is also developing stackable and connectable box models that can be combined to form townhomes, multifamily units, or larger single-family homes.

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