BOXABL Inc. (NASDAQ: BXBL), a technology company focused on modular housing, began trading today on the Nasdaq Stock Market under the ticker symbol "BXBL" after completing its previously announced business combination with FG Merger II Corp. (NASDAQ: FGMC) and receiving stockholder approval. The listing represents the company's transition to a publicly traded entity, providing it with access to public capital markets to accelerate its mission of modernizing home construction.
According to the company, it has raised more than $230 million from over 50,000 investors to support its goal of delivering 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. The company also offers the 120-square-foot Baby Box, built to RV code for simpler, no-foundation setups. In addition, BOXABL is developing stackable and connectable modular units designed for larger residential applications, such as townhomes and multifamily housing.
"We are thrilled to begin trading on Nasdaq, a milestone that reflects the confidence our investors and stockholders have placed in our vision," said a BOXABL representative. The company's innovative approach has attracted worldwide attention as it aims to address housing challenges for individuals and communities. BOXABL's flagship product, the Casita, is a studio unit with a full kitchen, bathroom, and utilities, manufactured inside BOXABL's facilities and designed to unfold in less than an hour.
For more information about BOXABL and its products, visit the company's newsroom at https://ibn.fm/BXBL. The full press release is available at https://ibn.fm/bLDP9.
BOXABL was founded in 2017 and is transforming the housing market with its modular building systems designed to deliver affordable, high-quality homes at unprecedented speed. The company is also developing stackable and connectable box models that can be combined to form townhomes, multifamily units, or larger single-family homes. This Nasdaq listing positions BOXABL to scale its operations and further its impact on the housing industry.
