secwatch.observer — SEC 8-K summary
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Issuer:     FG Merger II Corp. (FGMC)
CIK:        0001906364
Form:       8-K
Filed at:   2026-07-23T21:29:34+00:00
Accession:  0001493152-26-034441
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 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
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1906364/000149315226034441/0001493152-26-034441-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1906364/000149315226034441/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-034441

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