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An announcement from FG Merger II Corp. ( (FGMC) ) is now available.
On August 4, 2025, FG Merger II Corp. and BOXABL Inc. entered into a merger agreement, aiming to list BOXABL on the Nasdaq under the symbol ‘BXBL’. This merger, valued at $3.5 billion, is expected to enhance BOXABL’s production capabilities and market reach, providing access to greater capital. The transaction involves FGMC issuing 350 million shares to BOXABL and includes no minimum cash condition. The merger is subject to customary closing conditions, including shareholder approvals and regulatory clearances, with the potential to significantly impact BOXABL’s growth and its ability to deliver sustainable housing solutions at scale.
More about FG Merger II Corp.
BOXABL Inc. is a leader in innovative housing solutions, focusing on modular building systems designed to deliver affordable, high-quality homes quickly. Founded in 2017, BOXABL aims to address housing challenges with products like the Casita, a 361 square foot studio unit, and the Baby Box, a smaller unit built to RV code. The company is also developing stackable and connectable models for larger housing configurations.
Average Trading Volume: 33,827
Technical Sentiment Signal: Strong Buy
See more data about FGMC stock on TipRanks’ Stock Analysis page.