other material
confidence high
sentiment neutral
materiality 0.70
FG Merger II Corp.: ~83% of public shares redeemed ahead of BOXABL merger vote; $68.8M withdrawn
FG Merger II Corp.
- Approximately 6,615,950 shares tendered for redemption at $10.40/share, removing ~$68.8M from trust.
- After redemptions, 1,384,050 public shares remain outstanding; ~$14M stays in trust.
- Special stockholder meeting to vote on the BOXABL business combination is June 9, 2026.
- Stockholders who did not redeem or reverse redemption will become BOXABL stockholders; new ticker expected 'BXBL'.
- Redemption reversal requests can be made to Continental Stock Transfer prior to closing.