Shareholders Approve BOXABL and FG Merger II Business Combination, Paving Way for Public Listing

BOXABL, a developer of factory-built modular homes, and FG Merger II Corp. (NASDAQ: FGMC), a special purpose acquisition company, announced on Wednesday that stockholders of both companies have approved their previously announced business combination. The approvals came during separate special meetings held on June 9, 2026. Upon completion of the transaction, FGMC will be renamed BOXABL Inc., and the combined company’s common stock is expected to begin trading on the Nasdaq Stock Market under the ticker symbol BXBL.

Company executives said the combination will provide BOXABL with access to public capital markets, supporting expansion of its factory-built housing platform and accelerating growth as a publicly traded company. The transaction is seen as a milestone for BOXABL, which aims to address the nation’s affordable housing shortage through its innovative modular building systems.

BOXABL’s flagship product, the Casita, is a 361-square-foot studio unit that includes a full kitchen, bathroom, and utilities. The company says the Casita can be unfolded on-site in less than an hour and is manufactured inside its facilities. BOXABL has 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.

Founded in 2017, BOXABL has attracted worldwide attention for its approach to solving housing challenges for individuals and communities. The company’s modular building systems are designed to deliver affordable, high-quality homes at unprecedented speed. With the public listing, BOXABL hopes to scale production and meet growing demand for alternative housing solutions.

FG Merger II Corp. is a blank check company, also known as a special purpose acquisition company, formed for the purpose of effecting a merger or similar business combination. The approval of the business combination by FGMC stockholders included all proposals required to complete the transaction, covering governance, stock issuance, and director elections.

The transaction is subject to customary closing conditions and is expected to close in the coming weeks. For more information about BOXABL, visit https://www.boxabl.com/ir. For more information about FG Merger II Corp., visit https://fgmerger.com/.

This announcement is based on a press release from NewMediaWire, available at https://nnw.fm/vNtkY. The forward-looking statements in this article are subject to risks and uncertainties, as detailed in the company’s filings with the SEC. Undue reliance should not be placed on these statements.

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