BOXABL (NASDAQ: BXBL) announced the expansion of its board of directors and the appointment of Timothy Goldsmith, CPA, effective Sept. 24, 2026, according to a company press release. Goldsmith will chair the Audit Committee and serve on the Nominating and Corporate Governance Committee. Dr. Morris A. Davis, the former Audit Committee chair, will remain a committee member.
Goldsmith spent nearly 21 years at EY, most recently serving as an audit partner from 2018 to 2026. His experience includes public and private company audits, U.S. GAAP, IFRS, SEC and PCAOB standards and Sarbanes-Oxley compliance. That background is directly relevant for a newly public company navigating the reporting and internal-control requirements that come with a Nasdaq listing.
The appointment follows the recent additions of Larry King as chief financial officer and Heather Clayton as chief accounting officer as the company builds out its financial leadership and governance infrastructure following its transition to a public company. Together, the three hires suggest BOXABL is prioritizing the financial and governance functions that public investors scrutinize most closely.
BOXABL became a publicly traded company through a business combination with FG Merger II Corp., a special purpose acquisition company, completed in July 2026, with shares beginning trading on the Nasdaq Stock Market under the symbol BXBL on July 20, 2026. Companies that become public through special purpose acquisition transactions may be subject to risks including share price volatility, dilution, limited operating history as a public company, and redemption-related capital reductions.
In July 2026 the company filed a universal mixed shelf registration statement that would permit it to offer up to $500,000,000 of securities over time; any such issuance would be dilutive to existing holders. That filing, combined with the governance changes, frames the stakes for investors: BOXABL is simultaneously building out the compliance apparatus of a public company while preserving flexibility to raise significant capital.
Since its inception in 2017, BOXABL has raised over $230 million from more than 50,000 investors. The North Las Vegas-based company is dedicated to transforming the housing industry through innovative technology and design, with a mission of making housing affordable at mass-production scale. Its flagship product, the Casita, is a 361-square-foot studio unit with a full kitchen, bathroom and utilities that unfold on-site in under an hour. The company is also developing stackable and connectable modules.
Readers should review the company’s filings with the U.S. Securities and Exchange Commission at www.sec.gov, including its periodic reports, in full. The full press release is available at https://ibn.fm/bdjG7, and the latest news and updates relating to BXBL are available in the company’s newsroom at https://ibn.fm/BXBL. Additional terms of use and disclaimers applicable to content provided by IBN are available at https://IBN.fm/Disclaimer.
The forward-looking statements in the release are made as of the date above and IBN undertakes no obligation to update them. The information is for informational purposes only and is not investment advice. For investors in a company that listed just months ago, the Goldsmith appointment is a concrete signal about how BOXABL intends to meet the demands of public-market scrutiny.
