Modular home manufacturer BOXABL Inc. has officially concluded its business combination with special purpose acquisition company FG Merger II Corp. The deal successfully transitioned the housing technology firm into a publicly traded entity, cementing its market presence with a total valuation of $3.5 billion.

This strategic alignment provides BOXABL with the necessary capital structure to scale its innovative factory-built housing solutions. According to NASDAQ, the completion of this merger represents a critical phase in the company's growth trajectory, as it looks to expand its manufacturing capacity and address persistent supply constraints within the residential real estate market. By leveraging the resources gained through the merger with FG Merger II, BOXABL intends to streamline its operations and increase the deployment of its signature prefabricated dwelling units.

The merger signals growing investor interest in alternative construction methods and sustainable housing technology. As BOXABL integrates its new corporate structure, market analysts will be closely monitoring how the company utilizes this influx of capital to penetrate broader housing markets and meet its production targets in the coming fiscal quarters.