BOXABL and FG Merger II Corp. (NASDAQ: FGMC) announced that stockholders of both companies approved their previously announced business combination at special meetings held June 9, 2026. Upon completion, FGMC will be renamed BOXABL Inc., and the combined company's common stock is expected to begin trading on the Nasdaq Stock Market under the ticker symbol BXBL.
BOXABL stockholders approved the business combination proposal, while FGMC stockholders approved all required proposals, including the business combination, governance, stock issuance and director election proposals. Company executives stated that the combination will provide BOXABL with access to public capital markets to support expansion of its factory-built housing platform and accelerate growth as a publicly traded company.
BOXABL is transforming the housing market with its modular building systems designed to deliver affordable, high-quality homes at unprecedented speed. Founded in 2017, BOXABL's innovative approach aims to solve housing challenges for individuals and communities. 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 and is manufactured inside BOXABL's facilities. The company also announced the Baby Box, a smaller 120 square foot unit built to RV code 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.
FG Merger II Corp. is a special purpose acquisition company formed for the purpose of effecting a merger or similar business combination. The approval of this business combination marks a significant step for BOXABL, which will now have greater access to capital to scale its production and address the growing demand for affordable housing solutions. For the housing industry, BOXABL's public listing could accelerate the adoption of modular construction methods and potentially influence how homes are built and delivered in the future. Investors and stakeholders will be watching the company's performance as it transitions to a publicly traded entity under the new ticker symbol BXBL.
