BOXABL and FG Merger II Corp. Stockholders Approve Business Combination, Paving Way for Public Listing

BOXABL and FG Merger II Corp. (NASDAQ: FGMC) announced that stockholders of both companies have approved the previously announced business combination at their respective special meetings held June 9, 2026. Upon completion of the transaction, FGMC will be renamed BOXABL Inc., with the combined company’s common stock expected to begin trading on the Nasdaq Stock Market under the ticker symbol BXBL. This milestone marks a significant step for BOXABL as it transitions from a private entity to a publicly traded company.

BOXABL stated that its stockholders approved the business combination proposal, while FGMC stockholders approved all proposals required to complete the transaction, including the business combination, governance, stock issuance and director election proposals. Company executives said 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. The move is expected to bolster BOXABL’s ability to scale production and address the growing demand for affordable housing solutions.

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 has attracted worldwide attention as it aims to solve housing challenges for individuals and communities alike. The company’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. BOXABL also has 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 approval of the business combination is a critical validation of BOXABL’s strategy and market potential. By going public, BOXABL gains access to capital that can be used to ramp up manufacturing capacity, expand its product lineup, and enter new markets. The company’s factory-built housing model offers a solution to the persistent housing affordability crisis, particularly in regions where traditional construction costs are prohibitive. The ability to produce homes quickly and efficiently could disrupt the conventional housing industry.

For more information on BOXABL, visit https://www.boxabl.com/ir. For details on FG Merger II Corp., see https://fgmerger.com/. The latest news and updates relating to FGMC are available at https://nnw.fm/FGMC.