---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-034441"
form_type: "8-K"
ticker: "FGMC"
cik: "0001906364"
company_name: "FG Merger II Corp."
filed_at: "2026-07-23T21:29:34+00:00"
generated_at: "2026-07-23T21:30:14.065825+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# BOXABL closes $3.5B SPAC merger, begins trading on Nasdaq as BXBL

## Summary
- Merger closed July 17, 2026; BOXABL merged into FGMC, renamed BOXABL Inc.; common stock trades on Nasdaq as BXBL.
- Aggregate merger consideration of $3.5B based on $10.00/share; issued 246.5M common and 103.5M preferred shares to former BOXABL holders.
- 3,466,086 FGMC shares redeemed for $36,048,176; post-closing common shares outstanding ~241.5M.
- Lock-up agreements: 50% lock-up ends earlier of 12 months or $12.00 closing price for 20 trading days; remaining 50% ends 12 months.
- New leadership: Paolo Tiramani (Co-CEO/Chairman), Galiano Tiramani (Co-CEO/Director), Martin Noe Costas (CFO); three independent directors appointed.

## SEC filing metadata
- accession: 0001493152-26-034441
- form_type: 8-K
- ticker: FGMC
- cik: 0001906364
- company_name: FG Merger II Corp.
- filed_at: 2026-07-23T21:29:34+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 1.01, 1.02, 2.01, 9.01, 3.01, 3.02, 3.03, 4.01, 5.01, 5.02, 5.03, 5.06, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1906364/000149315226034441/0001493152-26-034441-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1906364/000149315226034441/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-034441
- JSON: https://secwatch.observer/filing/0001493152-26-034441.json
- Plain text: https://secwatch.observer/filing/0001493152-26-034441.txt

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