BOXABL eliminates Deemed Liquidation Event provisions from articles of incorporation

BOXABL Inc.

Seventh Amended and Restated Articles filed, effective August 20, 2025.
Removes automatic liquidation preference triggers for preferred stock in mergers, consolidations, or asset sales.
Approval obtained from majority voting power via shares controlled by directors Paolo Tiramani and Galiano Tiramani.
Preferred stockholders no longer entitled to liquidation preference in going-concern transactions.

item 5.03item 9.01

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