BOXABL and FG Merger II Advance Proposed Business Combination After SEC Effectiveness

BOXABL and FG Merger II Corp. (NASDAQ: FGMC) announced that the U.S. Securities and Exchange Commission has declared effective the companies’ joint registration statement on Form S-4 related to their proposed business combination. This milestone moves BOXABL closer to becoming a publicly traded company. Shareholder meetings to approve the transaction are scheduled for June 9, 2026, with closing expected shortly thereafter, subject to customary conditions. Following the closing, the combined company is expected to trade on Nasdaq under the ticker symbol BXBL.

This development is significant for the housing industry as BOXABL aims to address affordability and speed of construction through its modular building systems. The company’s flagship product, the Casita, is a 361-square-foot studio unit that includes a full kitchen, bathroom, and utilities, and can be unfolded on-site in less than an hour. BOXABL also offers the Baby Box, a 120-square-foot unit built to RV code for simpler, no-foundation setups. Additionally, the company is developing stackable and connectable models that can form townhomes, multifamily units, or larger single-family homes.

The proposed business combination with FG Merger II Corp., a special purpose acquisition company (SPAC), provides a pathway for BOXABL to access public capital markets to scale its operations. For more information about BOXABL, visit https://www.boxabl.com/ir. Details about FG Merger II Corp. can be found at https://fgmerger.com/.

The company’s innovative approach has attracted worldwide attention as it aims to solve housing challenges for individuals and communities. The ability to produce homes quickly and affordably could play a role in addressing housing shortages in various markets. The forward-looking statements in this release are subject to risks and uncertainties, including those described in the SEC filings. The full press release is available at https://ibn.fm/3QTEV.

As BOXABL moves toward becoming a publicly traded entity, the successful completion of the merger could provide the company with the capital needed to expand its manufacturing capabilities and distribution network. This could accelerate the deployment of its modular homes, potentially impacting housing availability and affordability. The shareholder vote on June 9 will be a key step in determining the future of the combined company.