BOXABL, a company transforming the housing market with its modular building systems, announced that stockholders of FG Merger II Corp. (NASDAQ: FGMC) will vote on June 9, 2026, on the proposed business combination that would take BOXABL public. The vote is a critical milestone for the company, which aims to deliver affordable, high-quality homes at unprecedented speed through its innovative approach.
FGMC is encouraging stockholders to vote in favor of the transaction, noting that public stockholders who do not redeem their shares will automatically become BOXABL stockholders upon closing. Following completion of the merger, FGMC is expected to be renamed BOXABL, Inc. and re-list on Nasdaq under the ticker symbol “BXBL.” The deadline for public stockholders to exercise redemption rights is June 5, 2026, at 5 p.m. ET.
For investors and industry observers, this merger represents a significant step for BOXABL as it seeks to scale its operations and address the growing demand for affordable housing. The company’s flagship product, the Casita, is a 361 square foot studio unit with a full kitchen, bathroom, and utilities that unfolds on-site in less than an hour. Manufactured inside BOXABL’s facilities, the Casita exemplifies the company’s ability to reduce construction time and costs, which could have broad implications for housing affordability.
BOXABL also announced the Baby Box, a smaller 120 square foot unit built to RV code, intended for simpler, no foundation-setups. Additionally, the company is developing stackable and connectable box models that can be combined to form townhomes, multifamily units, or larger single-family homes. This modular approach could disrupt traditional construction methods and provide faster, more flexible housing solutions for communities worldwide.
The impact of BOXABL going public extends beyond the company itself. If successful, the merger could validate the SPAC route for other modular housing startups and attract more investment into the sector. For leaders in business and technology, BOXABL’s progress highlights the intersection of manufacturing innovation and real estate, potentially reshaping how homes are built and delivered.
More information about the merger and the companies can be found at the following links: https://ibn.fm/wSXgO (full press release), https://www.boxabl.com/ir (BOXABL investor page), and https://fgmerger.com/ (FG Merger II Corp.).
