---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-081877"
form_type: "8-K"
ticker: "FGMC"
cik: "0001906364"
company_name: "FG Merger II Corp."
filed_at: "2025-08-22T23:59:59+00:00"
generated_at: "2026-05-17T10:39:44.080955+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-25-081877
- form_type: 8-K
- ticker: FGMC
- cik: 0001906364
- company_name: FG Merger II Corp.
- filed_at: 2025-08-22T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1906364/000110465925081877/0001104659-25-081877-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1906364/000110465925081877/tm2524123d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-081877
- JSON: https://secwatch.observer/filing/0001104659-25-081877.json
- Plain text: https://secwatch.observer/filing/0001104659-25-081877.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.