Company: FGMCU
Filing Date: 2025-11-13
Form Type: 425
Source: 0001104659-25-111079
Chunk: 2

Company: FG Merger II Corp.
Filing Date: 2025-11-13
Form: 425
Chunk 2
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 a house because nothing's changed. I mean,
that's nominal advances in homebuilding, but, you know, no, you know, major leaps.

And, so, I could build a house with the textbook
from 1950 and here with something that I thought was pretty, you know, innovative, potentially disruptive. And I actually went up I don't
know if it was Galliano. I don't know who it was, had of marketing. And I said, hey, you're going to need a lot more money, hopefully
hoping you're, you know, crowdfunding or doing whatever. Someday you should go public in a SPAC. And they're like, what's that? So like,
well, we'll see you in a few years.

So actually, I didn't really follow the story
very much after that until it started showing up into my Google feeds and then I said, you know, we should reach out and see what's going
on there. We never did, until we got a call from an investment banker.

And I'm like, I actually know, BOXABL. Look, you
know, you know, generally. And it was pretty interesting. I do think it's somewhat adjacent to financial services, because I think a financing
model is what's going to drive the growth of sales here is, you know, people being willing to lend to it.

Nick Clayton:Yeah, and the idea of modular
construction has sort of been around for a while. But clearly, you know, it's not been as easy for, for many, especially in this country,
to really scale up the manufacturing now. Why do you think some other ventures have sort of failed in this area? And what are some of
the challenges that you've been able to overcome through your process?

Galiano Tiramani: There's definitely a
long, long list of failed modular companies. So a lot of people have tried to make it happen and it hasn't worked. The big differentiator
that we started with was the ability to actually ship the houses in a cost effective manner. So, you know, you'll notice that our house
has actually fold up because obviously houses are big so they don't fit on the road.

So our solution to that was fold them up. And
then we can ship them, you know, on the roads at the lowest possible cost. That's super important because that opens up the geographic
area where we can ship the