Mergers & Acquisitions ·
BOXABL Inc. filed an amendment to its Current Report on Form 8-K/A to correct the presentation of unaudited pro forma…
BXBLBOXABL Inc.
BOXABL Inc. filed an amendment to its Current Report on Form 8-K/A to correct the presentation of unaudited pro forma condensed combined financial information related to the completed business combination with FG Merger II Corp. The transaction closed on July 17, 2026, resulting in a reverse recapitalization where BOXABL stockholders received $3.5 billion in aggregate consideration consisting of common and preferred shares valued at $10 per share. The amendment restates financial data for the three months ended March 31, 2026, and the year ended December 31, 2025, primarily to correct the accounting treatment of a forward purchase agreement liability, material prepaid insurance contracts, and transaction costs. BOXABL Inc. operates in the modular construction industry, designing and manufacturing prefabricated housing units.