FG Merger II, BOXABL Extend and Amend Merger Agreement

FG Merger II Corp. ( (FGMC) ) has issued an announcement.

On April 6, 2026, FG Merger II Corp., BOXABL Inc. and FG Merger Sub II Inc. amended their existing merger agreement, extending the end date from March 31, 2026 to July 31, 2026 and clarifying that FGMC’s publicly traded rights, totaling 8,295,800 and convertible into 829,580 shares, are included in the definition of acquiror securities. The amendment also introduces conditional early release of sponsor and insider lock-ups if FGMC’s stock trades at or above $20 and gives either party a five‑business‑day non‑response trigger to terminate the deal, adjustments that refine deal economics, governance flexibility and timeline certainty for investors as the transaction proceeds through the U.S. regulatory and shareholder approval process.

More about FG Merger II Corp.

FG Merger II Corp. is a special purpose acquisition company formed to merge with or acquire an operating business, and it has signed a merger agreement with BOXABL Inc., a company pursuing commercialization of its Casita housing technology. The combined entity is targeting growth in an emerging market that depends on regulatory approvals, customer adoption and the ability to raise sufficient capital to execute its business plan.

Average Trading Volume: 37,602

Technical Sentiment Signal: Strong Buy

Current Market Cap: $104.1M

For detailed information about FGMC stock, go to TipRanks’ Stock Analysis page.