BOXABL's SEC Registration S-4 Effectiveness Brings Public Company Status Closer

BOXABL Takes Major Step Towards Becoming a Public Company

On May 14, 2026, BOXABL Inc., a trailblazer in the modular housing industry, announced a significant milestone as the U.S. Securities and Exchange Commission (SEC) deemed its joint registration statement with FG Merger II Corp. effective. This declaration is a pivotal development that moves BOXABL closer to being a publicly traded entity, marking an exciting chapter in its journey toward addressing the growing demand for affordable housing.

FG Merger II Corp., a special purpose acquisition company (SPAC) listed on the NASDAQ under the ticker FGMC, is collaborating with BOXABL for a proposed business merger. A vote for this merger is scheduled for June 9, 2026, where shareholders from both companies will determine the future direction of this landmark agreement. After the merger concludes, shares of the combined entity are expected to trade on the Nasdaq under the ticker symbol ‘BXBL’.

The merger is anticipated to significantly bolster BOXABL's capital, allowing the company to ramp up its manufacturing process and expand its market reach. This growth is crucial as BOXABL aims to deliver its innovative modular homes, known as Casitas, which can be built quickly and efficiently in response to the housing crisis.

"This is a pivotal moment for BOXABL as we revolutionize housing with our factory-built, foldable homes," expressed Paolo Tiramani, Founder and Co-CEO of BOXABL. He further highlighted the importance of this development, stating that a public listing will enable them to enhance their production capabilities, deploy more Casitas nationwide, and tackle the pressing shortage of quality, affordable homes.

Since announcing the merger, BOXABL has made substantial strides in reinforcing its operational framework. Key initiatives include:

- Securing Manufacturing Licenses: BOXABL has attained essential manufacturing licenses and minimized inspection mandates in significant states, such as California, to streamline its operations.
- Expanding Its Product Line: The company is not only focused on the Casita, a 361-square-foot studio, but is also developing larger homes and multi-story options to broaden its housing solutions.
- Increasing Deliveries: BOXABL has successfully delivered additional foldable homes to its clients, underscoring its commitment to providing efficient housing solutions.
- Strengthening Leadership: The strategic recruitment of personnel has been integral in preparing for anticipated growth.

BOXABL's transformative approach to housing has attracted widespread attention since its establishment in 2017. The company's flagship product, the Casita, can be fully unfolded on-site in under an hour, offering a practical solution for immediate housing needs. Additionally, the Baby Box, a compact 120-square-foot unit designed for RV use, caters to a growing market for simpler, foundation-free setups. The future also looks promising as BOXABL advances the development of stackable and connectable box models, offering further flexible housing solutions for multifamily or larger family setups.

FG Merger II Corp. has expressed enthusiasm for partnering with BOXABL at such a crucial stage. A representative from FGMC commented, "The SEC's declaration reflects the strong progress made by both teams and positions the combined company as a leader in modular construction with fantastic market potential. We look forward to completing the transaction and supporting BOXABL as a public company driving innovation in the housing sector."

This venture not only has the potential for substantial financial returns but also plays a critical role in remedying housing shortages across the nation.

Investors interested in participating in this groundbreaking opportunity can begin purchasing shares of FGMC now, as these investors will automatically transition into BXBL shareholders upon the merger's completion. With a forward-looking mindset, BOXABL is set to explore new horizons in affordable housing, with the potential for rapid expansion and innovative developments far surpassing current capabilities.

To stay informed on this developing situation, interested parties can refer to the SEC's website or contact either BOXABL or FG Merger II Corp. directly. The combined forces of these companies hold promising prospects for transforming the landscape of affordable housing and meeting pressing market needs.