BOXABL Begins Trading on Nasdaq After Business Combination, Aiming to Transform Affordable Housing

BOXABL Inc. (NASDAQ: BXBL), a technology company focused on modular housing, began trading today on the Nasdaq Stock Market under the ticker symbol “BXBL” following the completion of its previously announced business combination with FG Merger II Corp. (NASDAQ: FGMC) and stockholder approval. The company said the listing marks its transition to a publicly traded company.

BOXABL said it has raised more than $230 million from over 50,000 investors to support its mission of modernizing home construction with affordable, factory-built housing. Its product lineup includes the 361-square-foot Casita, which unfolds on-site in under an hour and features a full kitchen, bathroom and utilities, as well as the 120-square-foot Baby Box. The company is also developing stackable and connectable modular units designed for larger residential applications, including townhomes and multifamily housing.

The listing on Nasdaq is a significant milestone for BOXABL, which was founded in 2017 and has attracted worldwide attention for its innovative approach to addressing housing challenges. By leveraging factory-built construction, BOXABL aims to deliver high-quality homes at unprecedented speed and affordability, which could have a substantial impact on the housing industry and communities facing housing shortages.

For more details, the full press release is available at https://ibn.fm/bLDP9. The latest news and updates relating to BXBL are available in the company’s newsroom at https://ibn.fm/BXBL.

BOXABL is transforming the housing market with its modular building systems designed to deliver affordable, high-quality homes at unprecedented speed. Founded in 2017, BOXABL’s innovative approach has attracted worldwide attention as it aims to solve housing challenges for individuals and communities alike. BOXABL’s flagship product, the Casita, is a 361 square foot studio unit with a full kitchen, bathroom, and utilities. The Casita unfolds on-site in less than an hour and is manufactured inside BOXABL’s facilities. BOXABL also has announced the Baby Box, a smaller 120 square foot unit built to RV code, intended for simpler, no foundation setups. BOXABL is also developing stackable and connectable box models that can be combined to form townhomes, multifamily units, or larger single-family homes.

The implications of BOXABL’s public listing and its scalable, factory-built housing model are significant for Texas and beyond. With the state facing rapid population growth and housing affordability challenges, BOXABL’s technology could provide a solution for faster, more cost-effective home construction. The company’s ability to raise substantial capital from a large investor base also signals strong market confidence in its vision.