A Proposed Merger Puts (NASDAQ: FGMC) Atop Tuesday's Watchlist (7 Factors To Consider)

In one of America's most critical (and critically undersupplied) sectors

Any content you receive is for information purposes only. Always conduct your own research. *Sponsored By BOXABL, Inc. New Developments Put FG Merger II Corp. (NASDAQ: FGMC) on The Top of Fierce's Watchlist — Tuesday, May 26th, 2026. We're Kicking Off Full Coverage On (FGMC) Today Take A Look At (FGMC) Before the Next Major Milestone… *Click Here To Get Our Alerts Faster Via SMS* May 26th Dear Reader, In one of America's most critical (and critically undersupplied) sectors, an innovative tech company has signed a merger agreement to pursue a public listing on NASDAQ. If the merger closes, the combined entity would represent a publicly accessible company operating in the manufactured housing technology space. Fierce is keeping a close eye on this development as it appears to be an intriguing reading opp. for our followers. FG Merger II Corp. (FGMC) is a special purpose acquisition company currently in the final stages of a proposed merger that, if completed, would bring BOXABL, Inc., a housing technology company, into the public markets. The company announced that the U.S. Securities and Exchange Commission ( "SEC") has declared effective the companies' joint registration statement on Form S-4 in connection with their previously announced proposed business combination. A shareholder meeting to approve the merger is scheduled for June 9th, 2026, and the transaction is expected to close shortly thereafter. At that time, (FGMC) is slated to become BOXABL under the ticker BXBL. That means the potential ticker change is just weeks away. BOXABL has spent years building momentum. It has established a level of consumer awareness through social media (over 750 million views across platforms) and accumulated more than 200,000 customer inquiries through its website since its founding in 2017. The company’s sizable following and upcoming potential catalysts related to the merger have caught our attention. And that is just the beginning of the reasons why (FGMC) is topping our watchlist — Tuesday, May 26th, 2026. For readers watching merger timelines, the SEC declaration of company’s Form S-4 is the signal that the countdown clock may be ticking. Building the Future of Housing — Without Contractors or Carpenters BOXABL is a Nevada-based housing technology company with a mission to fundamentally change how homes are designed, manufactured, and deployed. The company makes modular, foldable residential units that can be transported on standard trailers and quickly assembled on-site. Where traditional homebuilders depend on weather-exposed job sites, fragmented labor, and months-long timelines, BOXABL builds its units entirely on its factory floor. It’s more like a smartphone assembly line than a construction site. Homes are engineered as a repeatable, scalable manufactured product rather than a one-off construction project. At the center of BOXABL's commercial lineup is the Casita, a foldable, factory-built dwelling unit designed to be shipped on a standard flatbed truck and deployed in a matter of hours. The original Casita — the one most people think of when they hear the name — started out as a 19 ft. x 19 ft. studio home complete with a living/sleeping area, full kitchen with standard appliances and a full bathroom. The company has since expanded the platform into additional configurations, including multi-bedroom layouts. Its Phase 2 Modular Building System, currently in prototype stage, contemplates floorplans as large as 2,400 sq. ft. It has also developed the Baby Box, a 120 sq. ft. unit built to RV standards for less complex installations. BOXABL's manufacturing model is built around a single core insight: that the construction industry is one of the least automated industries in the modern economy, and that applying factory-floor precision to home production has the potential to dramatically reduce cost, improve quality, and compress delivery timelines in ways that traditional builders structurally cannot match. This is especially important now, with American housing under structural stress. A scalable factory-built solution could be positioned to address what the company estimates is a deficit of over 4 million homes, with elevated real estate costs impacting 75% of potential homebuyers. The company reports more than 200,000 potential customer inquiries through its website since 2017. As of December 31, 2025, BOXABL held customer deposits of $3.6Mn from approximately 7,818 potential customers. BOXABL’s merger with (FGMC) is intended to provide BOXABL with access to the public capital markets and is expected to provide the Combined Company with enhanced access to capital. Scaling up is a crucial step toward the goal of increasing production capacity to a level that begins to address the supply side of the U.S. housing shortage in a meaningful way. Developments That Could Grab Analysts’ Attention SEC Declares S-4 Registration Statement Effective: The SEC has declared the companies' Form S-4 registration statement effective, marking a critical regulatory milestone and clearing the path to a shareholder vote and potential close. Shareholder Meeting Scheduled for June 9th, 2026: Shareholders of both companies are expected to vote on the merger on June 9th, 2026. That places the transaction timeline in weeks. Transaction Expected to Close Shortly After Shareholder Approval: Subject to customary closing conditions, the merger is expected to close shortly after the June 9th vote, transitioning (FGMC) into an operating company under the BXBL ticker. Reduced Inspection Requirements in California: After working closely with California’s Housing and Community Development, BOXABL announced in Q3 2025 that only 25% of Casita Studios shipped to California will require state inspection. This streamlines the delivery process for units shipped to California. New revenue streams in development: The company’s business model extends beyond unit sales alone. Management has discussed developing ancillary service revenue opp’s tied to financing, insurance, maintenance and installation services. That approach could provide higher-margin recurring revenue streams alongside home production. 7 Factors Putting This Housing Innovation Profile at the Top of Our Watchlist — Tuesday, May 26th, 2026 #1. Merger Timeline Is Defined: The SEC has declared the S-4 effective, the shareholder vote is set for June 9, 2026, and the close is expected shortly thereafter, subject to satisfaction of customary closing conditions including shareholder approval of both FGMC and BOXABL stockholders and Nasdaq listing approval. #2. $3.5B Enterprise Valuation: BOXABL has already raised over $235Mn from more than 65,000 in-vest-ors. Through the proposed SPAC merger with (FGMC), the company has been assigned a $3.5Bn valuation. No third-party valuation or fairness opinion was obtained in connection with this valuation. #3. A Housing Market in Crisis Creates the Backdrop: Based on publicly available market data, the company estimates a total addressable market of $2.2Tn. Of that, BOXABL estimates a $36Bn serviceable addressable market for its factory-built products. These estimates are based on management’s analysis and are subject to significant uncertainty. #4. Factory-Built Model Addresses What Traditional Construction Cannot: Where legacy homebuilders are constrained by labor shortages, permitting delays, and weather disruptions, BOXABL's manufacturing approach is designed to operate on a repeatable, controlled production schedule — a structural advantage in a supply-constrained market. #5. Consumer Interest Already Demonstrated: The company reports more than 200,000 customer inquiries through its website to date. As of May 14th, 2026, the company had 271 units under active contract. #6. Publicly Accessible Factory-Built Housing Companies: If the merger closes as planned, (BXBL) would provide public market exposure to the factory-built and manufactured housing sector through a NASDAQ-listed equity. #7. Intellectual Property Moat: BOXABL has filed 53 mechanical patents for its products and processes. This gives the company a sustainable advantage over potential upstarts that want to compete in the housing technology space. Take A Look At (FGMC) Before the Next Big Announcement BOXABL, a shareholder vote on the calendar for June 9, and an anticipated ticker transition. The transaction remains subject to shareholder approval and customary closing conditions. Layer in a housing market where national inventory shortage is exceeding 4.7 million units, a factory-built model designed to address core inefficiencies of traditional construction, and over 200,000 website inquiries demonstrating consumer awareness of the brand. With a shareholder vote scheduled, an SEC-cleared registration statement, and a potential ticker change to BXBL, these developments may attract additional market attention. That's why (FGMC) has moved to the top of our screen right now. Consider a closer look right now before the next potential milestone and be on the lookout for updates heading your way soon. Sincerely, FierceAnalyst | Jaks Swift Editorial Writer (Always Remember The St-ock Prices Could Be Significantly Lower Now From The Dates I Provided.) *FierceInvestor (FierceInvestor . com) is owned by SWN Media LLC, a limited liability company. Data is provided from third-party sources and FierceInvestor ("FI") is not responsible for its accuracy. Make sure to always do your own research and due diligence on any day and swing profile I bring to your attention. We do not provide personalized fin-ancial advice, are not finan-cial advisors, and our opinions are not suitable for all in-vest-ors. Pursuant to an agreement between SWN Media LLC and TD Media LLC, SWN Media LLC has been hired for a period beginning on 05/25/2026 and ending on 05/26/2026 to publicly disseminate information about (FGMC:US) via digital communications. Under this agreement, TD Media LLC has paid SWN Media LLC seventeen thousand five hundred USD ("Funds"). These Funds were part of the twenty seven thousand five hundred USD funds that TD Media LLC received from a third party named LFG Equities Corp. who did not receive the Funds directly or indirectly from the Issuer and does not own st-ock in the Issuer but the reader should assume that the clients of the third party own shares in the Issuer, which they will liquidate at or near the time you receive this communication and has the potential to hurt share prices. Neither SWN Media LLC, TD Media LLC and their member own shares of (FGMC:US). There is a special relationship between FGMC & BOXABL, for further details… Please see important disclosure information here: https://fierceinvestor.com/disclosure/fgmc-pgkbx/#details

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