BOXABL Receives Texas Approval for Casita Studio Deployment, Expanding Modular Housing Reach

BOXABL, a developer of factory-built modular housing solutions, announced it has received regulatory approval to sell and deploy its Casita Studio across Texas, marking a significant expansion into one of the fastest-growing residential housing markets in North America. The approval comes as Texas enacts legislation aimed at reducing local restrictions on accessory dwelling units, creating a more favorable environment for housing expansion. BOXABL said the milestone strengthens its growth strategy as it prepares for its anticipated merger with FG Merger II Corp. and planned public listing, while opening access to a state that has emerged as a major market for ADU development.

The Casita Studio, BOXABL's flagship product, is a 361-square-foot studio unit with a full kitchen, bathroom, and utilities. It unfolds on-site in less than an hour and is manufactured inside BOXABL’s facilities. The company also offers the Baby Box, a smaller 120-square-foot unit built to RV code for simpler setups, and is developing stackable and connectable box models that can be combined to form townhomes, multifamily units, or larger single-family homes. BOXABL’s innovative approach aims to deliver affordable, high-quality homes at unprecedented speed, addressing housing challenges for individuals and communities alike.

Texas has become a key market for ADUs due to recent legislative changes that reduce local barriers. This regulatory approval allows BOXABL to tap into that demand, supporting its growth strategy. The company is also preparing for a merger with FG Merger II Corp., a special purpose acquisition company (SPAC), which will result in a public listing. This transaction is expected to provide capital for scaling production and expanding into additional markets.

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 full press release is available at https://nnw.fm/QiPwA.

Forward-looking statements in this article involve risks and uncertainties, including factors beyond management's control as detailed in SEC filings. Undue reliance should not be placed on these statements, and all parties undertake no duty to update them unless required by law.