BOXABL and FG Merger II Set June 9 Vote on Business Combination to Go Public

BOXABL, a company transforming the housing market with its modular building systems, announced that FG Merger II Corp. (FGMC) stockholders will vote on June 9, 2026, regarding the proposed business combination that would take BOXABL public. The vote is a critical step in the merger process, which would result in FGMC being renamed BOXABL, Inc. and re-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. This merger is a significant milestone for BOXABL, which aims to address housing challenges by delivering affordable, high-quality homes at unprecedented speed. The company's flagship product, the Casita, is a 361-square-foot studio unit that unfolds on-site in less than an hour and includes a full kitchen, bathroom, and utilities. BOXABL also offers the Baby Box, a smaller 120-square-foot unit built to RV code, and is developing stackable and connectable models for townhomes, multifamily units, or larger single-family homes.

The business combination is expected to provide BOXABL with access to public capital markets, enabling it to scale its manufacturing and distribution to meet growing demand. The modular housing industry has gained traction as a solution to housing shortages and affordability crises, and BOXABL's innovative approach has attracted worldwide attention since its founding in 2017. For more information on the merger, the full press release is available at https://ibn.fm/wSXgO.

FG Merger II Corp. is a special purpose acquisition company (SPAC) formed for the purpose of effecting a merger or similar business combination. The proposed transaction is subject to stockholder approval and other customary closing conditions. Forward-looking statements in this announcement involve risks and uncertainties, including those described in FGMC's filings with the SEC. For more details on BOXABL, visit https://www.boxabl.com/ir. Information about FG Merger II Corp. can be found at https://fgmerger.com/.