05-08-2025
Modular building startup Boxabl to go public in $3.5 billion SPAC deal
Aug 5 (Reuters) - Modular building startup Boxabl will go public in the U.S. through a $3.5 billion merger deal with blank-check firm FG Merger II (FGMC.O), opens new tab, the companies said on Tuesday.
Modular housing is widely considered cheaper and quicker to scale compared to conventional means of home building.
The combined company will be listed on the Nasdaq under the symbol "BXBL."
Boxabl has raised over $230 million to date, the company said.
