Company: FGMCU
Filing Date: 2025-12-30
Form Type: S-4/A
Source: 0001104659-25-124947
Chunk: 428

Company: FG Merger II Corp.
Filing Date: 2025-12-30
Form: S-4/A
Chunk 428
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 recently approved states and jurisdictions may continue to face delays due to the time needed for site preparation, arranging funding for the project the purchaser, and other preparatory steps that are required to arrange delivery and installation of the Boxes.

228

BOXABL also has been focused on selling its products in multiple jurisdictions that do not have a statewide modular housing program. In these areas, the ultimate approval comes down to the local jurisdiction and is determined on a site-by-site basis. This pertains to the following areas:

| ● | Oklahoma |

| ● | Utah |

| ● | Wyoming |

| ● | Kansas |

| ● | West Virginia |

| ● | Vermont |

| ● | Alaska |

| ● | Oregon |

| ● | Connecticut |

| ● | Delaware |

| ● | New York |

| ● | Tribal Lands |

BOXABL is generally also able to sell its Casita, by adding a permanent chassis, as a Park Model RV under ANSI A119.5 in the majority of US states. BOXABL retained multiple third-party inspection agencies to assist in achieving certification in multiples states with modular housing legislation simultaneously. Merger Agreement On August 4, 2025, BOXABL entered into an Agreement and Plan of Merger by and among BOXABL, FG Merger II Corp., a Nevada corporation, and FG Merger Sub II Inc., a Nevada corporation and wholly-owned subsidiary of FGMC. The Merger Agreement provides for a two-step merger transaction in which, first, Merger Sub will merge with and into BOXABL, with BOXABL surviving as a wholly-owned subsidiary of FGMC, and, immediately thereafter, BOXABL (as the surviving company in the First Merger) will merge with and into FGMC, with FGMC continuing as the surviving public company. By virtue of the consummation of the Mergers, the Combined Company will change its name to BOXABL Inc. The Boards of Directors of BOXABL, FGMC, and Merger Sub have unanimously approved the Merger Agreement and the transactions contemplated thereby. At the effective time of the First Merger, each share of BOXABL’s common stock (other than certain excluded shares and any shares held by stockholders who properly exercise and do not lose their dissenter’s rights under applicable Nevada law) will be converted into the right to receive a number of shares of common stock of the Combined Company, as determined by the Common Exchange Ratio. Each share of BOXABL’s preferred stock will be converted into the right to receive the applicable merger consideration as set forth in the Merger Agreement