Boxabl amends pro forma financials to fix forward purchase agreement presentation

The Forward Purchase Agreement was recast as an ASC 815 derivative, including a USD 8.6 million initial loss and related liability presentation.

Prepaid directors’ and officers’ insurance was reclassified as a USD 3.69 million asset.

Transaction costs presentation was corrected for USD 5.9 million recorded as a reduction of accumulated deficit at closing.

Boxabl amended and restated its unaudited pro forma condensed combined financial information filed with the SEC on July 23, 2026.

The restatement corrected the presentation of the Forward Purchase Agreement, a material prepaid insurance contract, and material business-combination transaction costs.