Recent Updates — BXBL
On September 25, 2026, BOXABL Inc. entered into an ATM Sales Agreement with multiple agents to offer and sell shares of its Class A common stock having an aggregate sales price of up to $100,000,000. The company has no obligation to sell any shares and may suspend or terminate the offering at any time. Agents are entitled to a commission of up to 3.0% of gross proceeds, with reimbursement for fees and expenses capped at $75,000 payable upon execution. This offering is conducted under the Company's shelf registration statement on Form S-3 declared effective on August 10, 2026. BOXABL Inc. operates in the construction technology industry, specializing in modular, factory-built housing solutions.
BOXABL Inc. announced the departure of Chief Financial Officer Martin Costas effective September 11, 2026, citing no disagreements with company operations. The Board appointed Larry King as the new CFO and principal financial officer, effective September 14, 2026. King brings over 35 years of experience in finance and accounting across gaming, manufacturing, and healthcare sectors, including prior roles at Tropicana Entertainment and Center Point Bio-Tech. His compensation package includes a $300,000 annual salary and participation in the 2026 Omnibus Plan. Additionally, Heather Clayton was appointed Chief Accounting Officer effective September 28, 2026. Clayton previously served as CFO of ASTOUND Group and held senior finance roles at the Vegas Golden Knights. Her compensation includes a $250,000 annual salary and participation in the 2026 Omnibus Plan. BOXABL Inc. operates in the modular construction industry, designing and manufacturing prefabricated housing units.
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.