BOXABL and FG Merger II Advance Proposed Business Combination After SEC Declares Form S-4 Effective

BOXABL and FG Merger II Corp. (NASDAQ: FGMC) have reached a significant milestone in their proposed business combination, as the U.S. Securities and Exchange Commission declared effective the companies’ joint registration statement on Form S-4. The announcement marks a crucial step forward for BOXABL, a modular building systems company, in its journey to become a publicly traded entity. Shareholder meetings to approve the transaction are scheduled for June 9, 2026, with the closing expected shortly thereafter, subject to customary conditions. Upon closing, the combined company is expected to trade on Nasdaq under the ticker symbol BXBL.

The SEC’s effectiveness of the Form S-4 is a pivotal regulatory clearance that allows the companies to solicit shareholder votes. This development brings BOXABL closer to accessing public capital markets, which could accelerate its mission to address housing affordability through innovative modular construction. BOXABL’s flagship product, the Casita, is a 361-square-foot studio unit that unfolds on-site in less than an hour, featuring a full kitchen, bathroom, and utilities. The company also offers the Baby Box, a 120-square-foot unit built to RV code for simpler setups, and is developing stackable and connectable models for townhomes, multifamily units, and larger single-family homes.

Founded in 2017, BOXABL has attracted global attention for its approach to delivering affordable, high-quality homes at unprecedented speed. The proposed merger with FG Merger II Corp., a special purpose acquisition company, provides a pathway to public listing without a traditional initial public offering. For more details on the business combination, the full press release is available at https://ibn.fm/3QTEV.

The implications of this transaction extend beyond BOXABL’s corporate trajectory. If successful, the merger could validate the SPAC model for modular housing companies and potentially unlock capital for scaling production to meet housing demand. BOXABL’s technology aims to reduce construction time and costs, which could have broad societal impacts by making homeownership more accessible. However, the company still faces challenges, including scaling manufacturing, regulatory approvals for its building systems, and competition from traditional and other modular builders.

Investors and industry observers will be watching the shareholder vote closely, as the outcome determines whether BOXABL can execute its growth plans under public ownership. The company’s ability to deliver on its promises of speed and affordability will be key to its long-term success. For more information about BOXABL, visit https://www.boxabl.com/ir. Details on FG Merger II Corp. can be found at https://fgmerger.com.

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