BOXABL Inc. (NASDAQ: BXBL), a technology company specializing in modular housing, began trading on the Nasdaq Stock Market today 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, providing access to public capital markets to support its growth initiatives.
The company has raised over $230 million from more than 50,000 investors to advance its mission of modernizing home construction with affordable, factory-built housing. BOXABL's 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, built to RV code for simpler setups without foundations. The company is also developing stackable and connectable modular units designed for larger residential applications, including townhomes and multifamily housing. For more details, see the full press release at https://ibn.fm/bLDP9.
Founded in 2017, BOXABL aims to address housing challenges by delivering high-quality homes at unprecedented speed. Its flagship product, the Casita, is manufactured inside BOXABL's facilities and unfolds on-site in less than an hour. The company is also developing stackable and connectable box models that can be combined to form townhomes, multifamily units, or larger single-family homes. The transition to Nasdaq trading is expected to enhance visibility and provide additional resources to scale production and meet growing demand for affordable housing solutions.
Investors can find the latest news and updates regarding BOXABL in the company's newsroom at https://ibn.fm/BXBL.
