BOXABL Inc., the Las Vegas-based builder of foldable modular homes, announced that the Securities and Exchange Commission has declared effective its Form S-4 registration statement related to a proposed business combination with FG Merger II Corp. The SEC action marks a regulatory milestone for the transaction that would take BOXABL public via the special purpose acquisition company.
Shareholders of both BOXABL and FG Merger II Corp. are scheduled to vote on the proposed merger at meetings set for June 9, 2026. The companies have said that once the transaction is complete, the combined company’s shares are expected to begin trading on the NASDAQ stock exchange under the ticker symbol "BXBL."
BOXABL has framed the deal as a way to secure capital to scale production of its foldable housing units. In a statement included with the announcement, BOXABL Founder and Co-CEO Paolo Tiramani said, "The effectiveness of our S-4 registration statement is a major step towards a potential public listing, enabling us to move towards our goal to rapidly expand production, deploy more Casitas nationwide, and address the critical shortage of affordable, high-quality housing."
The company manufactures several compact, transportable units, notably the Casita, a 361-square-foot studio model, and the Baby Box, a 120-square-foot unit. BOXABL was founded in 2017 and operates out of Las Vegas.
FG Merger II Corp. is described as a blank check company formed to complete business combinations with other entities. The SPAC went public in January 2025. The filing effectiveness by the SEC allows the parties to proceed toward the scheduled shareholder votes and any remaining closing steps required to finalize the combination.
The announcement was released in the form of a press statement from BOXABL. The declaration of effectiveness does not itself close the transaction; it clears a regulatory step that precedes the shareholder approval process and the eventual transfer of BOXABL to public markets should the vote and closing occur as planned.
Summary
The SEC has declared effective BOXABL’s Form S-4 for a proposed merger with FG Merger II Corp., moving the company closer to a potential NASDAQ listing. Shareholders will vote on the business combination on June 9, 2026. If the merger completes, the combined company’s shares are expected to trade as BXBL, and proceeds from the transaction are intended to support expanded manufacturing of BOXABL’s foldable homes.