FG Merger II Corp. Special Meeting of Stockholders to Vote on BOXABL Merger to be Held on June 9, 2026

FG Merger II Corp. (NASDAQ: FGMC) has announced a special meeting for stockholders to vote on its proposed business combination with BOXABL Inc., a company specializing in innovative housing solutions. The special meeting is scheduled for June 9, 2026, at 10:00 a.m. Eastern Time and will be conducted virtually. The transaction, which has not disclosed a specific deal value, represents a strategic move for FG Merger II Corp. as it seeks to transition into a publicly traded entity under the BOXABL name.

BOXABL Inc., founded in 2017, is recognized for its modular building systems aimed at addressing housing affordability and speed of construction. The company's flagship product, the Casita, is a compact 361 square foot studio unit that can be deployed on-site in less than an hour. This innovative approach to housing has garnered significant attention as BOXABL aims to tackle the pressing housing challenges faced by individuals and communities. The company is also developing additional products, including a smaller unit known as the Baby Box, designed for simpler setups, and stackable models that can be combined for larger residential configurations.

The strategic rationale behind the merger lies in the growing demand for affordable housing solutions amid a persistent housing crisis in many regions. BOXABL's modular approach not only reduces construction time but also lowers costs, making it an attractive option for various market segments. The merger with FG Merger II Corp. will provide BOXABL with the necessary capital and public market access to scale its operations and expand its product offerings, thereby positioning it to capture a larger share of the housing market.

FG Merger II Corp., as a special purpose acquisition company (SPAC), was established to facilitate mergers and acquisitions with growth-oriented companies. By merging with BOXABL, FGMC aims to leverage the innovative capabilities of BOXABL to create value for its shareholders. Stockholders of FGMC who choose not to redeem their shares will automatically become BOXABL stockholders upon the closing of the transaction, which is expected to enhance shareholder engagement and support for the new entity.

The broader market implications of this merger reflect a trend towards the consolidation of innovative companies within the housing sector, particularly those that offer scalable solutions to address housing shortages. As the demand for affordable housing continues to rise, the successful completion of this merger may signal increased investor interest in companies that are pioneering new construction methodologies. The anticipated rebranding of FG Merger II Corp. to BOXABL, Inc. and its expected relisting on Nasdaq under the ticker "BXBL" will further highlight the growing importance of innovative housing solutions in the financial markets.