BOXABL Appoints CFO and Chief Accounting Officer to Bolster Financial Leadership

BOXABL (NASDAQ: BXBL), a leader in innovative, factory-built modular solutions, announced the appointment of Larry King, CPA, as chief financial officer and Heather Clayton as chief accounting officer. The move strengthens the company's finance leadership as it builds out the infrastructure of a newly public company.

King brings more than 35 years of finance, accounting and operations experience, including extensive SEC reporting, mergers and acquisitions and operational turnaround work. He has held prior senior roles at Chukchansi Gold Resort & Casino, Riviera Holdings Corp. and Tropicana Entertainment. Clayton brings nearly a decade of experience building and scaling finance and accounting functions for fast-growing, multi-entity organizations. This includes six years with the Vegas Golden Knights, where she advanced to chief financial officer, and a subsequent CFO role at ASTOUND Group.

The appointments come shortly after BOXABL began trading on the Nasdaq Stock Market under the ticker symbol "BXBL" on July 20, 2026, following the completion of its business combination with FG Merger II Corp. As a newly public entity, the company faces heightened financial reporting and compliance requirements. The addition of King and Clayton is expected to provide the necessary expertise to navigate these demands while supporting BOXABL's ambitious growth plans.

Since its inception in 2017, BOXABL has raised over $230 million from more than 50,000 investors. The North Las Vegas-based company is dedicated to transforming the housing industry through innovative technology and design, with a mission of making housing affordable at mass-production scale. Its flagship product, the Casita, is a 361-square-foot studio unit with a full kitchen, bathroom and utilities that unfolds on-site in under an hour. The company also offers the smaller 120-square-foot Baby Box and is developing stackable and connectable modules designed to form townhomes, multifamily units, and larger single-family homes.

For Texas, a state experiencing significant population growth and housing affordability challenges, BOXABL's progress could have notable implications. The company's modular solutions, if successful, could offer a scalable answer to housing shortages. Strong financial leadership will be critical in scaling production, managing costs, and potentially expanding operations into key markets like Texas. The expertise of King and Clayton in operational turnarounds and scaling finance functions may help BOXABL navigate the complexities of rapid growth and public company reporting.

Investors and industry watchers can view the full press release at https://ibn.fm/etUJw. For ongoing updates, the company's newsroom is available at https://ibn.fm/BXBL. Additionally, terms of use and disclaimers applicable to content provided by IBN can be found at https://IBN.ai/Disclaimer.

As BOXABL continues to develop its modular housing technology, the strengthened finance team will be instrumental in executing its mission and delivering value to shareholders. The company's success could also spur further innovation in the housing sector, particularly in states like Texas where affordable housing is a pressing concern.