75% of U.S. households cannot afford a median-priced new home. BOXABL believes the solution is factory-built housing designed for mass production at scale.
The company’s foldable homes are designed to ship anywhere and unpack in about one hour. BOXABL’s automated factory model can produce homes faster and at lower labor costs than traditional construction.
BOXABL has shipped more than 800 homes and raised over $235M from investors.
BOXABL and FG Merger II Corp. (NASDAQ: FGMC) have announced a proposed merger that would bring BOXABL public on Nasdaq under the anticipated ticker symbol $BXBL.
Investor meetings are scheduled for June 9, with the combined company expected to trade shortly thereafter if approved.
FGMC on Yahoo Finance
https://finance.yahoo.com/quote/FGMC/
Learn more about the proposed transaction.
