Company: FGMCU
Filing Date: 2025-12-30
Form Type: S-4/A
Source: 0001104659-25-124947
Chunk: 414

Company: FG Merger II Corp.
Filing Date: 2025-12-30
Form: S-4/A
Chunk 414
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 one of our preferred Dealers/Installers. We cannot assure you that any of these pending or potential Dealers/Installers will ultimately be added to the BOXABL Directory. |

| ** | We have 80 unique installer Dealers/Installers approved/trained; three of them provide service in two states, resulting in a total of 83 Dealers/Installers by state. |

Most states require various dealer and installer licenses in order to sell and install modular homes and the BOXABL Directory connects potential purchasers with a network of preferred BOXABL dealers to facilitate sales with its end customers, as well as licensed installers knowledgeable about our products. Some of the BOXABL dealers/installers that we have trained hold licenses in multiple states which allows them to support our operations in multiple areas. The BOXABL Directory provides a platform for BOXABL to expand its sales and installation operations throughout the states where our product can be sold and we expect to leverage and grow our network as our business and product lines grow. To maintain better direct contact with potential customers and to better drive the sales process, BOXABL has begun applying for both manufacturer and dealer licenses in all states that have such requirements for the sale of factory built homes & structures. BOXABL maintains active manufacturer licenses in Nevada, Arizona, Alabama, Idaho, Iowa, Oregon, South Carolina and Texas, as well as dealership licenses in Arizona, South Carolina, and Texas, and is in process of obtaining dealer licenses in Alabama, Colorado, Louisiana, Maine, Mississippi, Missouri, Montana, Nevada (renewing inactive license), New Hampshire, Oklahoma, Tennessee, Virginia, Washington, West Virginia and Wisconsin. Other states do not have requirements for licensure for the sale of factory-built homes (excluding HUD which BOXABL is not). To help reduce the uncertainty of the development process for new developers, the Company has recently launched its Build with BOXABL program. We believe this program with strengthen the Company’s business-to-business efforts by appealing to project sponsors with limited prior development experience. Customers would be able to bring their vision for their projects, and for an additional fee, BOXABL would manage the entire process from concept, local licensing and permitting, to completion. BOXABL currently has over 200 Boxes that are under contract. As installations begin in our approved states, we expect organic marketing visibility and real-life project examples to motivate more and more customers to proceed with their Casita order as a cost effective ADU product. Our marketing efforts for our products are driven primarily through our social media digital advertising, website waitlist, participation at trade