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 listing marks the company’s transition to a publicly traded entity, a milestone that underscores its ambition to modernize home construction through factory-built, affordable housing solutions.
According to the company, BOXABL has raised more than $230 million from over 50,000 investors to support its mission. The company’s 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, built to RV code for simpler, no-foundation setups. BOXABL is also developing stackable and connectable modular units designed for larger residential applications, including townhomes and multifamily housing.
The significance of this listing extends beyond BOXABL itself, as it highlights growing investor interest in innovative solutions to the housing crisis. With housing affordability a pressing issue across the United States, the company’s approach—producing homes in a factory setting that can be quickly assembled on-site—could offer a pathway to faster, cheaper construction. The Casita, for instance, is marketed as a fully functional studio unit that can be deployed rapidly, potentially addressing both temporary housing needs and permanent residential shortages.
BOXABL was founded in 2017 and has attracted global attention for its modular building systems. The company’s ability to raise significant capital from a large base of retail investors indicates broad public support for its vision. However, the transition to a publicly traded company also brings increased scrutiny and the need to deliver on its production and sales targets. The company has not disclosed specific revenue or unit sales figures in the announcement, leaving investors to watch for future reports.
For more details on the business combination and BOXABL’s plans, the full press release is available at https://ibn.fm/bLDP9. The company’s newsroom, which provides the latest updates on BXBL, can be accessed at https://ibn.fm/BXBL.
