BOXABL Inc. (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 listing marks the company's transition to a publicly traded entity, positioning it to scale its innovative housing solutions.
According to the company, BOXABL 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.
The successful listing on Nasdaq follows the business combination and stockholder approval, as detailed in the full press release available at https://ibn.fm/bLDP9. BOXABL aims to address housing challenges through its modular building systems, which are designed to deliver affordable, high-quality homes at unprecedented speed.
Founded in 2017, BOXABL’s innovative approach has attracted worldwide attention. Its 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. Additionally, the Baby Box is a smaller 120 square foot unit built to RV code, intended for simpler, no-foundation setups. The company is also developing stackable and connectable box models that can be combined to form townhomes, multifamily units, or larger single-family homes.
For the latest news and updates relating to BXBL, investors can visit the company’s newsroom at https://ibn.fm/BXBL. This development underscores BOXABL's commitment to transforming the housing market through technology and innovation.
