Home / Boxabl News: Nasdaq Listing, Leadership Search, & Company Outlook

Boxabl News: Nasdaq Listing, Leadership Search, & Company Outlook

By: Jasmin Espinas

Updated: August 5, 2025

Published: August 5, 2025

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Boxabl has become one of the most closely watched names in the modular housing sector, drawing attention for its factory-built homes that promise speed and cost efficiency.

Now, Boxabl is preparing for a new phase. The company is working toward a Nasdaq listing through an SPAC deal while restructuring its leadership.

Boxabl to Go Public on Nasdaq Through $3.5B SPAC Deal

Boxabl will go public in the United States through a $3.5 billion merger with FG Merger II, a special purpose acquisition company (SPAC). The firms announced the deal on Tuesday, August 5, 2025.

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This transaction will give Boxabl access to the capital needed to expand manufacturing capacity and fund additional research and development.

Founded in 2017 and headquartered in Las Vegas, Boxabl manufactures foldable modular homes, including its widely publicized 361-square-foot “Casita” model.

As part of the deal, FG Merger II will issue 350 million shares to Boxabl.

The merger also places Boxabl in a broader trend of private companies opting for SPAC listings, which allow them to bypass some of the regulatory hurdles of a traditional initial public offering.

Additionally, the firm has already raised over $230 million through private placements and crowdfunding campaigns. This makes Boxabl one of the few modular housing startups to attract institutional and retail investors.

Boxabl has also experimented with alternative asset strategies. In May, the company adopted a bitcoin treasury policy, allocating a portion of its holdings toward the cryptocurrency.

After the merger closes, the combined company will also trade on the Nasdaq under the ticker symbol “BXBL.”

Furthermore, Maxim Group and Winston & Strawn for Boxabl are advisors on the deal, with Loeb & Loeb representing FG Merger II.

Boxabl Launches Search for New Executives and Board Directors

On July 7, 2025, Boxabl announced a leadership search to strengthen its executive team and board of directors.

The company is seeking candidates with direct experience in scaling high-growth ventures.

Areas of focus include operations and large-scale manufacturing, finance and capital markets, military and government partnerships, retail distribution, digital infrastructure, and government affairs.

By recruiting specialists in these fields, Boxabl intends to broaden its expertise and reinforce its ability to meet the demands of large institutional and government clients.

In addition, Boxabl’s co-founders, Paolo and Galiano Tiramani, who currently share the CEO role, have stated that expanding the leadership will help the company transition from a startup model to a publicly traded entity with more structured management.

Conclusion

Boxabl’s planned Nasdaq debut through a $3.5 billion SPAC deal, combined with its effort to strengthen executive leadership, places the company at a pivotal point in its growth cycle.

Access to public capital markets could also provide the funding required to accelerate production, refine its modular housing technology, and secure larger government and commercial contracts.

At the same time, the search for new directors and executives signals an intent to balance its startup agility with experienced oversight.

For investors and industry observers, Boxabl’s next stage will be measured not only by its ability to expand output but also by its financial discipline as a newly public company.

Therefore, the balance between innovation, operational efficiency, and governance will define its long-term trajectory.

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