Boxabl to go public via a SPAC merger with FG Merger II in a $3.5bn deal.

Boxabl, a modular housing solutions provider, agreed to go public via a SPAC merger with FG Merger II, a special purpose acquisition company, in a $3.5bn deal. "We're excited to partner with FGMC, a highly reputable SPAC management team with an incredible track record, including a half dozen successful SPAC transactions. Equally important is the alignment with BOXABL's vision. This potential public listing could provide BOXABL with access to greater capital and broaden our platform to deliver affordable, sustainable housing at scale," Galiano Tiramani, Boxabl Founder and CEO.