BOXABL Inc. (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 previously announced business combination with FG Merger II Corp. (NASDAQ: FGMC) and stockholder approval. The company said the listing marks its transition to a publicly traded company.
BOXABL said it has raised more than $230 million from over 50,000 investors to support its mission of modernizing home construction with affordable, factory-built housing. Its 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. The company is also developing stackable and connectable modular units designed for larger residential applications, including townhomes and multifamily housing.
The listing on Nasdaq represents a significant milestone for BOXABL, providing access to public capital markets to scale its operations. The company’s innovative approach to housing—using modular building systems that can be quickly deployed—addresses critical shortages in affordable housing. With the Casita, BOXABL aims to reduce construction time and costs, offering a solution for both individual homeowners and developers. The Baby Box, built to RV code, targets simpler, no-foundation setups, broadening the potential market.
According to the press release, BOXABL is transforming the housing market with its modular building systems designed to deliver affordable, high-quality homes at unprecedented speed. Founded in 2017, BOXABL’s innovative approach has attracted worldwide attention as it aims to solve housing challenges for individuals and communities alike. BOXABL’s flagship product, the Casita, is a 361 square foot studio unit with a full kitchen, bathroom, and utilities. The Casita unfolds on-site in less than an hour and is manufactured inside BOXABL’s facilities. BOXABL also has announced the Baby Box, a smaller 120 square foot unit built to RV code, intended for simpler, no foundation setups. BOXABL is also developing stackable and connectable box models that can be combined to form townhomes, multifamily units, or larger single-family homes.
The successful business combination and Nasdaq listing underscore investor confidence in BOXABL’s business model and market potential. The company plans to use the raised capital to expand production capacity and accelerate product development. For more information, visit the company’s newsroom at https://ibn.fm/BXBL.
