m_and_a
confidence high
sentiment positive
materiality 0.75
BOXABL to go public via $3.5B SPAC merger with FG Merger II Corp.
FG Merger II Corp.
- FGMC to issue 350M shares to BOXABL at $10/share, valuing BOXABL at $3.5B.
- Existing BOXABL shareholders roll 100% of equity; no minimum cash condition.
- Combined company to be named BOXABL Inc., expected Nasdaq ticker BXBL.
- Founders/Co-CEOs Paolo and Galiano Tiramani to continue leading post-merger.
- Transaction subject to stockholder approvals, SEC S-4 effectiveness, and other closing conditions by Dec 31, 2025.
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