BOXABL, a modular housing company known for its innovative foldable homes, announced that FG Merger II Corp. (FGMC) stockholders will vote on June 9, 2026, on the proposed business combination that would take BOXABL public. The announcement, made via press release on June 4, 2026, marks a significant step toward the company's listing on Nasdaq under the ticker symbol 'BXBL'. FGMC is encouraging stockholders to vote in favor of the transaction, noting that public stockholders who do not redeem their shares will automatically become BOXABL stockholders upon closing.
The deadline for public stockholders to exercise redemption rights is June 5, 2026, at 5 p.m. ET. Following completion of the merger, FGMC is expected to be renamed BOXABL, Inc. and re-list on Nasdaq under the ticker symbol 'BXBL'. The full press release is available at https://ibn.fm/wSXgO.
BOXABL is transforming the housing market with its modular building systems designed to deliver affordable, high-quality homes at unprecedented speed. Founded in 2017, the company's innovative approach has attracted worldwide attention as it aims to solve housing challenges for individuals and communities alike. BOXABL's flagship product, the Casita, is a 361 square foot studio unit with a full kitchen, bathroom, and utilities. The Casita unfolds on-site in less than an hour and is manufactured inside BOXABL's facilities. The company has also announced the Baby Box, a smaller 120 square foot unit built to RV code, intended for simpler, no-foundation setups. Additionally, BOXABL is developing stackable and connectable box models that can be combined to form townhomes, multifamily units, or larger single-family homes.
The proposed merger with FG Merger II Corp., a special purpose acquisition company (SPAC), is a critical milestone for BOXABL as it seeks to access public capital markets to scale its operations. The transaction underscores growing investor interest in innovative housing solutions that address affordability and speed of construction. If approved, BOXABL would join a select group of publicly traded companies focused on modular and manufactured housing, potentially accelerating its expansion plans.
For more information about BOXABL, visit https://www.boxabl.com/ir. Details about FG Merger II Corp. are available at https://fgmerger.com/. The original press release was distributed by NewMediaWire and is available at www.newmediawire.com.
