Company: FGMCU
Filing Date: 2025-12-11
Form Type: 425
Source: 0001104659-25-120350
Chunk: 1

Company: FG Merger II Corp.
Filing Date: 2025-12-11
Form: 425
Chunk 1
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 our 10-K and
10-q since 2023. I guess that the SEC already know us. So, I hope that the review is going to be smooth. So, super exciting to go public
basically.

Kristina Ayanian: That's amazing. Well, congratulations and
such an exciting road ahead. Going back to Boxabl, talk to me about Casitas journey and really the mission behind it?

Martin Costas:Yeah. So, basically the flagship product that
we have is Casita. Everybody knows us because of Casita, but it's really the very first product that we released to the market. We got
the, I would say, a sizable approval this year, which was California. We went to the market, we test our process. It didn't work quite
well at the beginning. We have a dealership network, things that we were needing to fix. We managed to fix it, I would say around June.
And now we're starting to see a ramp up in sales, especially in the ADU market. And at the same time, we're introducing bigger units because
most of our customer base, they want a bigger house than a studio. So, uh, in California, we introduce a two casita setup, which is a
one bath two bed setup almost for eight hundred square feet. And then we are going to introduce a third one now for a three bath. So we
see a lot of demand for those products. So, we're very excited actually with Casita.

On the other hand, honestly, we are about to release phase two. Phase
two is where we are intending to go up now, not only lateral. So, uh, that is going to come in the in coming months, especially with some
prototypes that we have on the factory. And as we get some traction in the market, we're going to pick where to go first and start releasing
bigger units. Right.

Kristina Ayanian: That's amazing. So, the demand is there, which
means growth is inevitable.

Martin Costas:Yeah. It's five million houses. I think that
is the shortage in the US. Unfortunately, the affordable side of the market and our product is very appealing because we are very cost
effective, high quality, you know, availability. So, so truly the demand is, is unaddressable. I still believe that most of the challenges
that we have are coming from government permitting.