#United States #Las Vegas #SEC Filing #BOXABL #FG Merger II

Boxabl and FG Merger II Corp. Announcement

On September 18, 2025, Boxabl Inc. announced an important milestone in its quest to become publicly traded. In a joint statement with FG Merger II Corp., the companies confirmed that they have filed a registration statement on Form S-4 with the U.S. Securities and Exchange Commission (SEC). This filing signals a significant step towards completing the proposed merger between the two entities.

Understanding the Merger

Boxabl Inc. is renowned for its innovative housing solutions, particularly its modular building systems aimed at providing affordable and efficient housing options. The merger with FG Merger II Corp., which is classified as a special purpose acquisition company (SPAC), is projected to value Boxabl at approximately $3.5 billion.

A notable aspect of the merger is that FG Merger II Corp. will change its name to Boxabl following a successful closing of the deal, and the combined company is expected to trade on Nasdaq under the new ticker symbol “BXBL.” As part of this merger, existing Boxabl stockholders will convert 100% of their equity into the newly formed entity, while FG Merger II Corp. will issue 350 million shares to Boxabl's current stockholders. This arrangement does not impose any minimum cash condition, which is a favorable element for stakeholders.

Importance of the Registration Statement

The registration statement is still pending SEC approval, meaning it has not yet become effective. However, it contains critical information that affects both the stockholders of FG Merger II Corp. and Boxabl. Current stockholders are encouraged to closely review the filing as it includes detailed insights into Boxabl, the merger, special meetings for stockholders, and frequently asked questions that address concerns regarding the transaction.

Paolo Tiramani, co-founder and co-CEO of Boxabl, expressed optimism about the filing, stating, “This SEC filing is a significant step toward bringing Boxabl to the public markets. We are on track with the transaction process, and we believe becoming a publicly traded company will help us create value for our customers and for our investors through market growth and help accelerate our mission of delivering affordable, innovative housing solutions at scale.”

The Innovations of Boxabl

Founded in 2017, Boxabl is ambitiously seeking to reshape the housing market by offering modular homes that can be manufactured and delivered rapidly. One of their flagship products, the Casita, is a compact 361-square-foot studio unit that includes essential amenities like a full kitchen and bathroom. Remarkably, this unit can be unfolded on-site in less than an hour. Additionally, Boxabl has introduced the Baby Box, a smaller 120-square-foot model, designed to meet RV standards for easier setup without the need for foundation work. Furthermore, Boxabl is exploring options for stackable and connectable modules that could be assembled into larger family homes or multi-family units.

FG Merger II Corp.

FG Merger II Corp. operates in the SPAC sector and was created primarily to enable businesses to merge, acquire, or reorganize. This method of going public through a merger has gained popularity in recent years, as it enables companies, like Boxabl, to access capital markets through a streamlined process compared to traditional initial public offerings.

The Road Ahead

Completion of this merger hinges not only on the SEC approving the registration statement but also on obtaining the requisite approvals from stockholders of both companies. As the merger progresses, stakeholders are reminded to stay informed and review any additional details as they become available.

In summary, this merger marks a distinctive phase for Boxabl as it positions itself to address housing challenges on a broader scale. By entering the public markets, Boxabl aims to enhance its service offerings and expand its reach within the innovative housing sector. Investors and interested parties are encouraged to monitor developments closely during this exhilarating time in Boxabl’s growth trajectory.