10:08 AM EDT, 08/05/2025 (MT Newswires) -- FG Merger II ( FGMC ) and Boxabl said Tuesday that they have agreed to merge to pursue a Boxabl listing on Nasdaq.

Upon closing of the deal, the combined company is expected to be listed on Nasdaq under the ticker BXBL, the companies said, adding that the modular building systems company has raised $230 million from over 50,000 investors.

FGMC will issue 350 million shares to Boxabl, valuing Boxabl at $3.5 billion, the companies said, adding Boxabl founders and Co-Chief Executives Paolo Tiramani and Galiano Tiramani will lead the combined company after the deal closes.

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