BOXABL and FG Merger II Set June 9 Vote on Business Combination to Take Modular Housing Company Public

BOXABL, a company specializing in modular building systems for affordable housing, announced that FG Merger II Corp. (NASDAQ: FGMC) stockholders will vote on June 9, 2026, on the proposed business combination that would take BOXABL public. The deadline for public stockholders to exercise redemption rights is June 5, 2026, at 5 p.m. ET, according to the press release.

FGMC is encouraging stockholders to vote in favor of the transaction, noting that public stockholders who do not redeem their shares will automatically become BOXABL stockholders upon closing. Following the merger, FGMC is expected to be renamed BOXABL, Inc. and re-list on Nasdaq under the ticker symbol ‘BXBL.’

Founded in 2017, BOXABL aims to transform the housing market by delivering affordable, high-quality homes at unprecedented speed. Its flagship product, the Casita, is a 361-square-foot studio unit with a full kitchen, bathroom, and utilities, which unfolds on-site in less than an hour and is manufactured inside BOXABL’s facilities. The company also announced the Baby Box, a smaller 120-square-foot unit built to RV code, intended for simpler, no-foundation setups. Additionally, BOXABL is developing stackable and connectable box models that can be combined to form townhomes, multifamily units, or larger single-family homes.

The proposed business combination comes as housing affordability remains a critical issue across the United States. BOXABL’s approach could offer a faster and more cost-effective alternative to traditional construction, potentially addressing the housing shortage. The company’s modular units can be manufactured in controlled environments and assembled quickly on-site, reducing labor costs and construction time.

For more information about BOXABL, visit https://www.boxabl.com/ir. Details about FG Merger II Corp. are available at https://fgmerger.com. The latest news and updates relating to FGMC can be found in the company’s newsroom at https://ibn.fm/FGMC.

The vote on June 9 will determine whether BOXABL, which has attracted worldwide attention for its innovative housing solutions, will become a publicly traded company. If approved, the merger could provide BOXABL with additional capital to scale its operations and expand its product line, potentially accelerating the adoption of modular housing in the market.

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