BOXABL, a company transforming the housing market with its modular building systems, announced that FG Merger II Corp. (NASDAQ: FGMC) stockholders will vote on June 9, 2026, on the proposed business combination that would take BOXABL public. The deadline for public stockholders to exercise redemption rights is June 5, 2026, at 5 p.m. ET.
FGMC is encouraging stockholders to vote in favor of the transaction and noted that public stockholders who do not redeem their shares will automatically become BOXABL stockholders upon closing. Following completion of the merger, FGMC is expected to be renamed BOXABL, Inc. and re-list on Nasdaq under the ticker symbol “BXBL.”
Founded in 2017, BOXABL aims to solve housing challenges by delivering affordable, high-quality homes at unprecedented speed. Its flagship product, the Casita, is a 361 square foot studio unit with a full kitchen, bathroom, and utilities that unfolds on-site in less than an hour. BOXABL also announced the Baby Box, a smaller 120 square foot unit built to RV code for simpler, no-foundation setups. Additionally, the company is developing stackable and connectable box models that can be combined to form townhomes, multifamily units, or larger single-family homes.
This business combination is significant as it would provide BOXABL with access to public capital markets to scale its innovative housing solutions, potentially addressing the growing demand for affordable housing globally. For investors, the merger offers an opportunity to participate in a company that has attracted worldwide attention for its approach to modular construction.
For more information about the transaction and BOXABL, visit https://www.boxabl.com/ir.
