Can I Buy Boxabl Stock? Quick Guide

Can I Buy Boxabl Stock?

As of Oct 12, 2023, according to Reuters, Boxabl announced a deal to combine with the SPAC FG Merger II Corp (FGMC) in a transaction that gave the combined company a reported headline valuation near $3.5 billion and an expected Nasdaq ticker of BXBL. That announcement is the focal point behind many retail investors asking, “can i buy boxabl stock?”

This article answers that question in plain language. You will learn what Boxabl does, where the company stands in the capital markets, the practical pathways to obtain ownership or exposure, what accounts and approvals you may need, and the key regulatory and tax points to consider before acting. The piece is intended for beginners but includes the specific filings and sources investors should watch.

Note: this article is informational, not investment advice. Always confirm details in company filings and with licensed advisors before taking action.

Overview of Boxabl

Boxabl is a U.S. company that designs, manufactures, and sells modular, factory-built housing units. Its best-known product is the Casita—an approximately 375-square-foot foldable modular dwelling that ships compact and unfolds on-site. Boxabl markets its homes for single-family housing, accessory dwelling units, and other modular applications.

Founded to reduce construction cost and time through standardized manufacturing, Boxabl attracted attention for its demonstration of rapid assembly and a compact logistics footprint. Early interest came from consumers seeking affordable housing and from investors focused on proptech and industrial-scale modular construction.

Why investors pay attention: Boxabl combines hardware manufacturing, a consumer-facing product, and potential for scale through factory capacity—attributes that can lead to high growth if the company executes. The SPAC announcement in 2023 amplified interest because it presented a path to public markets and broader retail access.

Corporate and Market Status

Boxabl began as a private company that raised capital from founders, venture rounds, and retail crowdfunding. It later announced a business combination with FG Merger II Corp (ticker FGMC), a special purpose acquisition company (SPAC). The announced deal proposed a headline valuation around $3.5 billion and described an expectation for the combined company to trade publicly on Nasdaq under the ticker BXBL (or a similar symbol).

Important to understand: a reserved or expected ticker and a merger announcement do not guarantee that Boxabl will become a listed public company. Deal completion requires filings, SEC review, shareholder votes, and customary closing conditions. Until the merger closes, Boxabl remains a private company; FG Merger II remains an independent publicly traded SPAC.

Private-company history and fundraising

Before the SPAC announcement, Boxabl raised capital through private rounds, including seed and later-stage investments. The company also ran retail crowdfunding campaigns on platforms that permit retail investors to buy shares in private companies. Those campaigns helped broaden Boxabl’s investor base.

Boxabl shares at the private stage occasionally traded on secondary marketplaces for accredited investors. Private rounds and secondaries are commonly subject to company transfer restrictions, right-of-first-refusal (ROFR) procedures, and limited liquidity windows. That meant most retail investors could only join early through crowdfunding campaigns or wait for a public listing.

SPAC merger with FG Merger II (FGMC)

As of Oct 12, 2023, according to Reuters, Boxabl announced a proposed combination with FG Merger II Corp (FGMC) with an implied valuation headline near $3.5 billion. The press coverage emphasized the valuation and the plan for the combined company to list shares on Nasdaq, using BXBL as the expected ticker. Company press releases and investor relations materials echoed the SPAC structure and proposed terms.

Key points about SPACs in this context:

• FGMC is a publicly traded shell (the SPAC) that raised funds through an IPO and seeks a target to merge with.
• If FGMC shareholders approve the deal and closing conditions are satisfied, FGMC and Boxabl would combine and the surviving entity would likely adopt a new ticker and begin regular trading as the operating company, commonly referenced in media as BXBL.
• Merger announcements typically include headline valuations; final market capitalization depends on investor redemptions, PIPE investments, and share count at closing.

Note: an announced ticker is not a guarantee. Ticker symbols are subject to exchange approval and may change before or at listing.

SEC filings and registration process

For a SPAC-to-private company combination, several regulatory steps must be completed. The combined company normally files a registration statement—commonly an S‑4—with the U.S. Securities and Exchange Commission (SEC). The S‑4 consolidates the proxy statement and registration materials, provides detailed financials, and supplies disclosures required for shareholder votes.

The process typically involves:

• Filing of the Form S‑4 and related exhibits.
• SEC review comments and company responses that can take weeks to months.
• A special meeting where SPAC shareholders vote to approve the combination.
• Redemptions by public shareholders who choose to return their SPAC shares for cash.
• Receipt of any additional financing (PIPE), and satisfaction of closing conditions.

Company press releases and investor relations notices commonly announce the filing and provide target timelines. These filings are the authoritative source for current transaction status; investors should read the S‑4, 8‑K announcements, and proxy materials to understand the terms.

Ways to Buy or Gain Exposure to Boxabl

Whether you can buy Boxabl stock depends on the company's current status. Below are the main legal and market pathways available to different investor types.

Buying FGMC (the SPAC) pre-merger

One route for retail investors is to buy shares of FG Merger II Corp (FGMC) on Nasdaq while the SPAC is publicly traded but before the combination closes. Buying FGMC gives you exposure to the proposed deal in these ways:

• If you hold FGMC shares through the closing and the deal completes, FGMC shares typically convert into shares of the combined company (the entity often announced as BXBL).
• If you hold FGMC and choose not to participate at closing, many SPAC structures allow shareholders to redeem for cash before the vote, subject to the SPAC’s rules.

Practical considerations:

• Market price of FGMC shares can trade above or below the SPAC trust per-share cash value depending on speculation, arbitrage, and market sentiment.
• Redemption mechanics, approval votes, and the timing of conversion are set out in the SPAC’s filings.
• Buying FGMC requires a standard brokerage account that can trade Nasdaq-listed securities. For trading convenience and wallet services, Bitget offers brokerage access and the Bitget Wallet for asset custody if you prefer platform-integrated services.

Buying BXBL (post-merger) on Nasdaq

If the merger closes and the combined company lists on Nasdaq under the ticker BXBL (or a final ticker), retail investors can buy shares through ordinary brokerage accounts just like any other public equity. Steps:

• Confirm the listing date and final ticker symbol in the company’s press release and Nasdaq notices.
• Use a brokerage account that supports Nasdaq equities—Bitget provides public market trading services for eligible users.
• Place a market or limit order once the listing is active.

Important: share price, float, and immediate liquidity depend on shares outstanding, insider ownership, and market demand. Post-listing volatility is common for SPAC-derived stocks.

Secondary / pre-IPO marketplaces (Nasdaq Private Market, Forge, Hiive, etc.)

Accredited investors may access private Boxabl shares through secondary marketplaces while Boxabl remains private. Platforms named in public coverage include the Nasdaq Private Market, Forge, and Hiive. Typical features:

• Purchases often require accredited investor status and platform membership.
• Transfers may need company approval or be subject to ROFR held by the company or existing shareholders.
• Prices and lot sizes vary; liquidity is limited and trades may take days to settle.

If you are an accredited investor, these marketplaces can provide earlier entry than public listing, but they carry transfer restrictions and less disclosure than public markets. Bitget’s professional services and institutional desks can help accredited clients explore private-market opportunities where permitted.

Direct investments or crowdfunding rounds

Before or between institutional rounds, Boxabl used retail crowdfunding platforms to raise capital, allowing non-accredited retail investors to buy shares when the company opened a campaign. These offerings depend on the company’s decision to fundraise and applicable securities rules at the time.

If Boxabl opens a direct-offering or crowdfunding round, the company and its chosen platform will publish eligibility rules, minimum investments, and any restrictions. Past crowdfunding activity illustrates one possible retail route, but there is no guarantee Boxabl will repeat such offers.

Eligibility, Account Requirements, and Transfer Mechanics

Different routes have different requirements:

• Buying FGMC pre-merger: standard brokerage account capable of trading Nasdaq securities. No accreditation required.
• Buying BXBL post-listing: standard brokerage account for Nasdaq equities. No accreditation required.
• Secondary private-market purchases: usually require accredited investor status, a platform account, and sometimes company approval. Settlement and transfer timelines are longer.
• Crowdfunding or direct offers: eligibility depends on the platform and offering rules; some retail crowdfunding allows non-accredited investors.

Transfer mechanics to watch:

• Private shares: may be subject to legend removal requirements, ROFR processes, and escrow arrangements.
• SPAC-to-public conversion: if the merger completes, holdings in brokerage accounts that held FGMC are usually converted automatically into surviving-company shares according to the conversion ratio.

If you plan to trade or hold either pre- or post-close, confirm with your broker how they handle SPAC conversions and redemptions, and whether they will facilitate any required actions.

Regulatory, Legal and Tax Considerations

Regulatory steps:

• Form S‑4 and proxy materials: required for a SPAC combination and subject to SEC review.
• Exchange listing approvals: the Nasdaq must approve the listing and ticker.
• Ongoing reporting: once public, the combined company must file regular reports (Form 10‑Q, 10‑K, 8‑K).

Legal restrictions:

• Shareholder agreements, founder lockups, and private-placement terms can restrict transferability and create insider lockups post-close.
• SPAC warrants and sponsor shares often accompany SPAC deals and can dilute common shareholders; understand the capital structure in the S‑4.

Tax considerations:

• Buying and selling public shares generally results in capital gains/losses taxed on sale, with holding period rules for long-term vs short-term gains.
• Redemptions of SPAC shares and special tax treatments on certain private placements can have different tax outcomes.

Because tax and legal consequences vary by jurisdiction and personal circumstances, consult a qualified tax or legal advisor before buying or selling.

Risks and Key Considerations Before Buying

Major risks to evaluate:

• SPAC deal risk: the merger may be delayed or fail to close. Redemptions by SPAC shareholders can materially affect available cash and valuation.
• Illiquidity of private shares: secondary trades can be thin and pricing opaque.
• Dilution and complex capital structure: SPAC deals often feature sponsor shares and warrants that dilute common equity at closing.
• Valuation uncertainty: headline valuations cited in press coverage are indicative and may not reflect market sentiment or financial fundamentals.
• Operational risk: Boxabl’s manufacturing, supply chain, scaling execution, and regulatory compliance in housing markets are real operational risks to its business.
• Market volatility: SPAC-derived stocks have historically shown significant post-listing volatility.

Before buying, review the S‑4, recent 8‑K filings, audited financials, and any PIPE documentation. Prioritize primary filings from the company and the SPAC for the most accurate, legally required disclosures.

How to Follow the Transaction and Track Timing

Where to watch for progress:

• Boxabl investor relations and press releases: company IR pages post PRs and updates.
• FG Merger II investor relations and corporate filings: SPAC sponsors and PR/IR pages publish materials and meeting notices.
• SEC filings: monitor Form S‑4, 8‑K, and the proxy statement for shareholder meeting details.
• Financial news outlets: reporters (for example, Reuters) provide coverage and context on closing timelines and market reaction.
• Nasdaq announcements: the exchange posts notices for ticker changes and listing confirmations.

Remember: closing dates are often estimates. SEC review timelines and shareholder votes create variability. Use official filings as the primary source for dates and details.

Frequently Asked Questions (FAQ)

Q: Can I buy Boxabl today? A: It depends. If you mean direct Boxabl shares while the company is still private, only accredited investors on secondary marketplaces or retail investors via prior crowdfunding rounds could access shares. If you mean buying exposure now, you can buy FGMC (the SPAC) on Nasdaq before the merger closes. If the merger completes and the combined company lists, you can buy shares of the listed company under the final ticker (expected BXBL). Always confirm current status in filings.

Q: What ticker will Boxabl use? A: Public materials announced an expected ticker of BXBL for the combined company. Ticker assignments are finalized by Nasdaq and may change. Check the company’s press releases and Nasdaq notices for final confirmation.

Q: Do I need to be an accredited investor? A: Accredited investor status is typically required for secondary private-market purchases and some private placements. It is not required to buy publicly traded FGMC shares or post-listing shares of the combined company.

Q: What happens to FGMC shares if I hold them at closing? A: If you hold FGMC shares through the closing, those shares will usually be converted into shares of the combined company according to the conversion terms in the S‑4 and related filings, unless you elect to redeem your FGMC shares prior to the meeting as allowed by the SPAC rules.

Q: Are there warrants or other securities I should know about? A: SPAC transactions frequently involve warrants, sponsor shares, or PIPE preferred securities. These can affect dilution and the capital structure. Review the S‑4 and financing documents to see all classes of securities and their conversion/expiry terms.

Due Diligence Checklist

Before buying Boxabl exposure, review the following documents and items:

• The SPAC’s Form S‑4 registration statement and exhibits.
• Recent 8‑K filings and press releases from Boxabl and FGMC.
• Proxy materials that describe the shareholder vote, redemption rights, and closing conditions.
• Audited financial statements and any carve-out financials provided in the S‑4.
• Details on share classes, warrants, sponsor locks, and PIPE financing.
• Secondary-market transfer agreements and ROFR details if buying private shares.
• Company operational updates: factory capacity, production metrics, backlog, and revenue recognition policies.
• Counsel or advisor confirmation of tax and transfer implications for your jurisdiction.

Related Topics

For additional background, consider reading about these topics:

• Special Purpose Acquisition Company (SPAC) — how SPACs operate and typical timelines.
• Private secondary marketplaces — structure and investor requirements.
• Nasdaq listing process — rules for initial listing and ticker assignment.
• Crowdfunding for private companies — how retail platforms facilitate private investments.

References and Sources

• Boxabl investor relations and company press materials (company PR and investor FAQ).
• As of Oct 12, 2023, Reuters reported on Boxabl’s announced SPAC merger with FG Merger II Corp; press coverage described a headline valuation near $3.5 billion.
• Company and SPAC press releases and Form S‑4 / S‑4 filing notices and related SEC filing references.
• Descriptions of private secondary marketplaces and trading mechanics from Nasdaq Private Market, Forge, and Hiive public materials.

(Where possible, verify dates and details in the original press releases and the SEC EDGAR database before acting.)

Notes and Disclaimers

This article is for informational purposes only and does not constitute investment, tax, or legal advice. Transaction specifics, filing dates, and listing symbols can change; always consult the official company filings, the SEC database, and licensed financial and tax advisors before making investment decisions. If you plan to trade once Boxabl is public, consider using a supported brokerage such as Bitget and store private keys or tokens using Bitget Wallet if applicable.

Further exploration: to track the latest transaction status, check Boxabl’s investor relations updates, FG Merger II filings, the SEC S‑4 and 8‑K filings, and Nasdaq listing announcements. For help with trading access or account setup, explore Bitget’s trading and wallet services.

Ready to follow the deal? Monitor the S‑4 and the SPAC’s proxy materials for voting and redemption details, and confirm the final Nasdaq ticker at listing. If you need trading access or custody solutions, Bitget and Bitget Wallet support Nasdaq trading accounts and secure wallet services for eligible users.