BOXABL Inc. and FG Merger II Corp. Finalize $3.5 Billion Business Combination for Transformative Housing Solutions

BOXABL Inc. Takes a Giant Leap in Housing



In a landmark move, BOXABL Inc. (NASDAQ: BXBL) has completed its much-anticipated merger with FG Merger II Corp., solidifying its valuation at $3.5 billion. This exciting development arrives after securing shareholder approval from FGMC on June 9, 2026, paving the way for shares to commence trading on the Nasdaq under the ticker BXBL as of July 20, 2026.

What Does This Mean for BOXABL?


As part of this transition, FG Merger II Corp. rebrands itself as BOXABL Inc. This merger marks a significant milestone for the company, allowing it to leverage public market resources further to revolutionize the housing sector. BOXABL has always been on the cutting edge of building innovative housing solutions, aiming to tackle the pressing issues surrounding affordable housing in today’s market.

Innovative Products Leading the Charge


BOXABL is widely recognized for its unique building systems, which are designed to produce high-quality, affordable homes at an unprecedented speed. Their flagship model, the Casita, is a 361-square-foot studio unit that can be assembled on-site in less than one hour. This product is particularly attractive for anyone seeking rapid housing solutions without sacrificing quality or comfort. In addition, BOXABL offers the 120-square-foot Baby Box, which is built to RV standards and is ideal for quicker setups with minimal site preparation.

The company's vision extends beyond individual units; they are actively developing stackable and connectable models, which can cater to larger residential projects, such as townhomes and multifamily buildings. This versatility positions BOXABL to serve various housing needs effectively.

Financial Backing and Future Outlook


The merger also underlines BOXABL's popularity and growing interest from the investment community. The company has successfully raised over $230 million from a diverse group of over 50,000 investors, highlighting substantial public enthusiasm for its mission. By rolling 100% of existing equity into the new entity, all shareholders demonstrate their commitment to the vision BOXABL has for the future of housing.

Paolo Tiramani, Co-CEO of BOXABL, emphasized the company's aim, saying, "The housing market is broken, and nobody was going to fix it. So, we built the factory, engineered the product, and now will have access to the public markets. We are excited to continue working in our mission to solve the housing crisis."

Navigating Market Challenges


As BOXABL embarks on this new journey, it anticipates that accessing the capital markets will significantly enhance its capability to scale production and invest in further research and development. The demand for affordable housing has never been greater, and with this merger, BOXABL positions itself as a likely leader in addressing this urgent societal challenge.

The merger reflects a strategic move to tackle the inherent issues within the housing market while giving the company the leverage to secure essential funding for production innovations. The outlook of BOXABL appears bright as it aims to expand its product offerings and reach a broader market.

Conclusion


The finalization of the merger between BOXABL and FG Merger II Corp. is a pivotal event that heralds a new chapter for both companies. With a clear vision for the future and products designed to meet the growing demands of modern living, BOXABL Inc. is set to revolutionize how housing solutions are delivered and consumed. As they prepare to begin trading on the Nasdaq, all eyes will undoubtedly be on BOXABL as it navigates this bold new frontier.

Topics Consumer Products & Retail)

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