Company: FGMCU
Filing Date: 2025-09-18
Form Type: S-4
Source: 0001104659-25-091249
Chunk: 376

Company: FG Merger II Corp.
Filing Date: 2025-09-18
Form: S-4
Chunk 376
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 as well as generic plans for use across the state. The Company also determined that statewide approvals were not required in an additional 11 states and tribal lands.

To further facilitate the sales process, BOXABL has established a network of preferred dealers and installers, that we call the “BOXABL Directory”, who have been trained by us on our product offering and are knowledgeable about the local permitting, sitework and financing environment to coordinate the process of a BOXABL customer’s project journey from initial site visit, quote, permitting, sitework, installation, to closing permits at completion. We currently have 80 dealers/installers (“Dealers/Installer”) in the BOXABL Directory operating in 11 states, primarily states where we have had positive market penetration and we are actively growing this network. As of June 30, 2025, BOXABL manufactured 731 Casitas and completed delivery of a total of 275 Casitas, including shipments of 156 Casitas to ADS Inc. and 18 Park Model RV Casitas.

We have also seen significant interest in more configurations of Boxes. In response, in January 2025, we launched a prototype of our Phase 2 Modular Building System, comprising Boxes (modules) in varying dimensions that stack and/or connect, allowing a system where customers are able to configure and customize the Boxes to build different building types and floorplans. We are working with a number of land developers and homebuilders to align the development of our Phase 2 product line with market demand, based on their customers’ requirements. We also launched a prototype of our Baby Box, a 120 square foot RV, in January 2025, to attract customers looking for off-grid living and temporary accommodation. As of March 31, 2025, we have received 373 pre-orders and a total of $74,600 in non-refundable pre-order fees for our Baby Boxes. In 2025, we also developed one bedroom and two-bedroom Casitas configurations, connecting two Casita Boxes for a 722 sq. ft. home, which is initially being offered for the California ADU market, subject to obtaining state approval. In 2025, the Company also introduced a product currently in research and development,, a modular housing system in single (55 sq ft) and double (85 sq ft) occupancy layouts and designed for rapid deployment for emergency response. We will continue to evaluate market demand to assess further development of our product offerings.

BOXABL was first organized as a limited liability company in Nevada on December 2,