BOXABL and FG Merger extend merger deadline to march 2026
BOXABL Inc. and FG Merger II Corp. (NASDAQ: FGMC) announced they have extended the deadline for completing their proposed merger from December 31, 2025, to March 31, 2026.
The companies signed an amendment to their previously announced merger agreement, according to a statement released Monday. The merger remains subject to shareholder and regulatory approvals.
Upon closing, the combined company is expected to trade on the Nasdaq Stock Market under the ticker symbol "BXBL."
BOXABL manufactures modular housing systems and was founded in 2017. The Las Vegas-based company produces the Casita, a 361-square-foot studio unit that unfolds on-site in less than an hour. The company has also announced the Baby Box, a 120-square-foot unit built to RV code.
FG Merger II Corp. is a special purpose acquisition company formed to complete a business combination with one or more entities. The Itasca, Illinois-based SPAC trades on Nasdaq.
The companies filed a registration statement on Form S-4 with the Securities and Exchange Commission, which includes proxy statements for FGMC shareholders to vote on the proposed transaction.
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