New updates have been reported about BOXABL.
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Boxabl has moved a step closer to becoming a public company after the U.S. Securities and Exchange Commission declared effective its joint Form S-4 registration statement for a merger with SPAC FG Merger II Corp. The deal will go to Boxabl and FGMC shareholders for a vote on June 9, 2026, with closing expected soon after, subject to customary conditions, and the combined company’s shares are slated to trade on Nasdaq under the ticker BXBL.
The transaction is expected to inject significant growth capital into Boxabl, funding accelerated factory build-out, manufacturing scale-up and broader deployment of its modular, foldable housing systems, including the Casita and forthcoming larger and multi-story units. Management highlights recent execution momentum, including securing key manufacturing licenses and streamlined inspections in major markets such as California, expanding the product set, increasing deliveries to customers and partners, and strengthening leadership and operations to support national expansion in the affordable housing segment.