#USA #NASDAQ #Las Vegas #BOXABL #FG Merger II

BOXABL and FG Merger II Corp. Complete Integration

On June 10, 2026, BOXABL Inc. and FG Merger II Corp. announced the successful approval by both parties’ stockholders for a pivotal business merger. Conducted during a series of special meetings held just a day before, this decision marks a landmark moment for BOXABL, a company dedicated to revolutionizing the housing industry through innovative, modular construction.

According to Paolo Tiramani, BOXABL's Co-CEO and founder, the integration into public capital markets will accelerate their mission to provide scalable housing solutions that are both quicker to deploy and more affordable. He expressed gratitude to shareholders who participated, recognizing their crucial role in this transition. With approximately 20% cash reserves retained and the merger's official trading under the ticker 'BXBL' on Nasdaq imminent, BOXABL is poised to significantly enhance its operational capabilities.

Larry Swets, CEO of FG Merger II Corp., highlighted the shareholder support as a reflection of widespread confidence in BOXABL’s innovative approach and the extensive market potential that it addresses. This merger is intended to propel BOXABL into its next phase as a publicly listed company, unlocking further avenues for growth and development.

Key Details of the Transaction

The business combination will transpire via a two-step merger, allowing BOXABL to survive as a wholly-owned subsidiary before the final consolidation under the FGMC name. Notably, for stockholders who didn't choose to redeem their shares by the June 5 deadline, a seamless transition into being investors in the newly formed entity is set to take place.

About BOXABL

Founded in 2017, BOXABL has garnered attention for its modular design systems that deliver high-quality, affordable homes swiftly. Their flagship offering, the Casita, is a 361-square-foot studio ready for onsite assembly in less than an hour, embodying the essence of efficient housing solutions. With intriguing developments like the Baby Box, intended for simpler setups, and various stackable models in progress, BOXABL is set to meet diverse housing needs across communities.
Despite the promising future, BOXABL also faces challenges inherent in pursuing evolving technology and market adaptation, coupled with the typical uncertainties tied to becoming a publicly listed company.

The merger signifies a key step for BOXABL in expanding its influence in the housing market, characterized by rising demand for innovative housing solutions. Following regulatory proceedings through the SEC, BOXABL and FGMC are preparing to move forward with their plans. This merger reflects not only a strategic corporate maneuver but also an assertion of confidence in the potential of modular housing to address contemporary living challenges.

For ongoing updates, stakeholders are encouraged to monitor BOXABL’s investor relations communications, which will provide timely information regarding the transition and its implications for the company's future.