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 business combination with FG Merger II Corp. and stockholder approval. The listing marks the company’s transition to a publicly traded entity, providing access to public capital markets to accelerate its mission of modernizing home construction with affordable, factory-built housing.
The company has raised more than $230 million from over 50,000 investors, reflecting strong support for its innovative approach. 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, no-foundation setups. The company is also developing stackable and connectable modular units designed for larger residential applications, including townhomes and multifamily housing.
This Nasdaq listing is significant because it provides BOXABL with a platform to scale production and address the critical shortage of affordable housing. By leveraging factory-based manufacturing, the company aims to reduce construction time and costs, potentially transforming how homes are built and delivered. The successful business combination and public listing validate investor confidence in BOXABL’s technology and business model.
For more details, the full press release is available at https://ibn.fm/bLDP9. Updates on BOXABL can be found in the company’s newsroom at https://ibn.fm/BXBL.
Forward-looking statements in this article are subject to risks and uncertainties, as detailed in the company’s SEC filings. Undue reliance should not be placed on these statements, and the company undertakes no duty to update them unless required by law.
