BOXABL (NASDAQ: BXBL) Begins Trading on Nasdaq Following Business Combination

At a glance

Company: BOXABL
Ticker: NASDAQ: BXBL

Key figures

Capital raised: more than $230 million
Investors: over 50,000
Casita area: 361 square feet
Casita on-site unfolding time: under an hour
Baby Box area: 120 square feet

Products and programs

Casita
Baby Box
Stackable and connectable modular units

BOXABL (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.

To view the full press release, visit https://ibn.fm/bLDP9

About BOXABL

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.

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The latest news and updates relating to BXBL are available in the company’s newsroom at https://ibn.fm/BXBL

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In brief

BOXABL began trading on the Nasdaq Stock Market under the symbol BXBL after completing its business combination with FG Merger II Corp. and receiving stockholder approval. The company describes the listing as its transition to public-company status. BOXABL says it has raised more than $230 million from over 50,000 investors to advance its factory-built housing business. Its products include the 361-square-foot Casita, which the company says can be unfolded on-site in under an hour and includes a kitchen, bathroom and utilities, and the 120-square-foot Baby Box. BOXABL is also developing modular units that can be stacked or connected for larger residential projects, such as townhomes and multifamily housing.

Key takeaways

BOXABL started trading on Nasdaq under the ticker BXBL after its business combination and stockholder approval.
The company says it has raised more than $230 million from over 50,000 investors.
Its lineup includes the 361-square-foot Casita and the 120-square-foot Baby Box.
BOXABL is developing stackable, connectable units for larger residential uses.

SEC filings

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