BOXABL Inc., a modular housing manufacturer, announced the Securities and Exchange Commission has declared effective its Form S-4 registration statement for a proposed merger with FG Merger II Corp. (NASDAQ: FGMC).

The SEC declaration represents a regulatory milestone for the transaction that would take BOXABL public through the special purpose acquisition company. Shareholders of both companies will vote on the proposed business combination at meetings scheduled for June 9, 2026.

Upon completion, the combined company's shares are expected to trade on NASDAQ under the ticker symbol "BXBL." The transaction aims to provide capital for BOXABL to expand manufacturing of its foldable modular homes.

"The effectiveness of our S-4 registration statement is a major step towards a potential public listing, enabling us to move towards our goal to rapidly expand production, deploy more Casitas nationwide, and address the critical shortage of affordable, high-quality housing," said BOXABL Founder and Co-CEO Paolo Tiramani.

BOXABL manufactures foldable homes including the Casita, a 361-square-foot studio unit, and the Baby Box, a 120-square-foot unit. The Las Vegas-based company was founded in 2017.

FG Merger II Corp. is a blank check company formed to complete business combinations with other entities. The company went public in January 2025.

The information is based on a press release statement from BOXABL.