Recent Updates — FGMCR
July 23, 2026View Source ↗
On July 17, 2026, FG Merger II Corp. completed its business combination with BOXABL Inc., resulting in the renaming of the surviving entity to BOXABL Inc. The transaction involved the issuance of 246,524,760 shares of common stock and 103,475,240 shares of preferred stock to former BOXABL securityholders, representing an aggregate merger consideration value of $3,500,000,000 based on a $10.00 per share valuation. Following the merger, the combined company's Class A Common Stock began trading on Nasdaq under the symbol BXBL on July 20, 2026. BOXABL Inc. operates in the modular housing industry, providing prefabricated construction solutions.