BOXABL Begins Nasdaq Trading, Valuing Factory-Built Housing Firm at $3.5 Billion

BOXABL Inc. (NASDAQ: BXBL), a technology construction company on a mission to solve the global housing crisis, has begun trading on the Nasdaq Stock Market under the ticker symbol BXBL. The listing follows the completion of a business combination with FG Merger II Corp., a special purpose acquisition company, in July 2026. The move values BOXABL at approximately $3.5 billion, with approximately 350 million shares issued at $10 per share, and represents a significant milestone for the company as it seeks to expand production of its factory-built housing.

To date, BOXABL has raised over $230 million from more than 50,000 investors, indicating substantial public interest in its vision. The company is pursuing a technology-driven approach to factory-built housing, emphasizing automation, standardized production, and scalable manufacturing. It has produced more than 800 modular homes while expanding manufacturing capacity at its Las Vegas production facility. Management is expanding beyond its flagship Casita product with additional housing formats targeting residential, multifamily, and commercial applications.

The public listing provides BOXABL with greater access to capital markets, which could accelerate its efforts to scale production and address housing affordability. For Texas, this news is particularly relevant as the state continues to grapple with rapid population growth and a pressing need for diverse housing solutions. BOXABL’s modular construction methods, which emphasize automation and standardized production, could offer a faster and potentially more cost-effective way to build homes. If successful, the company’s model could influence how housing is developed in Texas, potentially easing supply constraints and providing more options for buyers and renters.

Moreover, BOXABL’s public market debut shines a spotlight on the broader trend of innovation in construction and manufacturing—sectors that are vital to Texas’s economy. The company’s growth could spur investment in similar technologies and attract talent to the state, reinforcing Texas’s reputation as a hub for business and technological advancement.

However, investors should be aware of the risks associated with special purpose acquisition transactions, including share price volatility, dilution, limited operating history as a public company, and redemption-related capital reductions. In July 2026, the Company filed a universal mixed shelf registration statement that would permit it to offer up to $500,000,000 of securities over time; any such issuance would be dilutive to existing holders. Readers should review the Company’s filings with the U.S. Securities and Exchange Commission at www.sec.gov, including its periodic reports, in full.

The latest news and updates relating to BXBL are available in the company’s newsroom at https://ibn.fm/BXBL. For more information on the communications platform behind this announcement, visit https://www.TechMediaWire.com. Full terms of use and disclaimers applicable to all content provided by IBN are available at https://IBN.fm/Disclaimer.