other material
confidence high
sentiment neutral
materiality 0.50
BOXABL signs $100M at-the-market stock sales agreement with five placement agents
FG Merger II Corp.
- ATM Sales Agreement dated September 25, 2026 allows BOXABL to sell up to $100,000,000 of Class A common stock (BXBL) from time to time through the agents.
- Agents are Virtu Americas, A.G.P./Alliance Global Partners, Cohen & Company Capital Markets, Maxim Group and Roth Capital Partners; commission up to 3.0% of gross proceeds.
- Company will reimburse agent fees and expenses, including agents' counsel, capped at $75,000 and payable on execution of the Sales Agreement.
- Sales are Rule 415 at-the-market offerings under BOXABL's Form S-3 shelf (File No. 333-297729), declared effective by the SEC on August 10, 2026; prospectus supplement filed September 25, 2026.
- No obligation to sell; BOXABL may suspend offers, and either the Company or any agent may terminate on three days' notice.