BOXABL Strengthens Finance Team as Modular Housing Platform Expands Across the U.S.

BOXABL Inc. (NASDAQ: BXBL), a technology company reinventing housing with modular building systems, announced on September 15 the appointment of Larry King, CPA, as Chief Financial Officer and Heather Clayton as Chief Accounting Officer. The move adds extensive public-company reporting, accounting, operational and multi-entity experience to BOXABL’s management team as the company navigates its first full period as a publicly traded business.

The appointments come less than two months after BOXABL began trading on NASDAQ following the completion of its business combination with FG Merger II Corp. in July 2026. For a company transitioning from private to public, establishing a robust finance function is critical to maintaining investor confidence and meeting regulatory requirements. The addition of King and Clayton signals BOXABL’s commitment to financial discipline as it scales operations.

BOXABL’s Casita platform uses folding modular construction, which significantly simplifies transportation and accelerates installation. This technology allows the company to move beyond individual units into larger developments. Recently, BOXABL has highlighted projects ranging from disaster-relief housing and campground installations to residential and hospitality developments. Such projects demonstrate the versatility of its building system and its potential to address housing shortages across Texas and the nation.

The impact of BOXABL’s expansion extends to the broader housing market. By providing factory-built homes that can be deployed quickly, the company could help alleviate supply constraints in rapidly growing regions. In Texas, where population growth continues to outpace housing construction, modular solutions like the Casita could offer a viable path to increasing affordable housing stock. Moreover, BOXABL’s focus on larger developments suggests it is positioning itself to work with developers and municipalities on scalable projects.

For investors, the strengthened finance team may enhance the company’s ability to execute its business model and pursue additional state regulatory approvals. As BOXABL continues to develop its Baby Box and stackable modules, having experienced financial leadership will be essential for managing costs, timelines, and potential dilution from future capital raises. The company filed a universal mixed shelf registration statement in July 2026, permitting it to offer up to $500,000,000 of securities over time, which could be dilutive to existing holders.

The latest news and updates relating to BXBL are available in the company’s newsroom at https://nnw.fm/BXBL. For a deeper look at BOXABL’s business and its recent developments, see the full announcement at Read More>>. Additional details on the company’s investor profile can be found at BOXABL (NASDAQ: BXBL).

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As BOXABL continues its national expansion, the strengthened financial leadership could be a key factor in its ability to secure partnerships, manage growth, and deliver on its promise to transform housing construction. The implications for Texas, a state familiar with modular and manufactured housing, are significant: successful deployment of BOXABL’s model could spur economic activity in manufacturing, logistics, and construction sectors, while offering a new tool to address housing affordability.