FG Merger II Corp. to combine with BOXABL at $3.5B valuation; PIPE up to $55M

FG Merger II Corp.

FGMC to issue 350M shares to BOXABL holders at $10/share, valuing BOXABL at $3.5B.
FGMC has $81.6M cash in trust (6/30/2025); no minimum cash requirement to close.
Company intends up to $55M PIPE (no definitive agreements) and equity line of credit post-close.
BOXABL produced 700+ Casita units (~$60K each, 361 sq ft, unfolds in <1 hour); sells in 15 states.
Net proceeds to optimize manufacturing, implement steel frame, develop sales channels, and working capital.

item 7.01item 9.01

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