Boxabl to issue up to $3 million in Class A stock incentives to buyer under home purchase agreement
BXBL•Amended purchase agreement adds stock incentives
Boxabl entered an amended purchase agreement on Aug. 25, 2026 that includes issuing Class A common stock to LC Vegas Acquisitions.
- Share incentive tied to deposits for ranch-home orders:
- USD 1 million for USD 10 million to USD 19.9 million
- USD 2 million for USD 20 million to USD 29.9 million
- USD 3 million in stock for deposits of USD 30 million or more, subject to beneficial ownership limits
- Shares will be priced using the Nasdaq volume-weighted average price on the deposit date.
- The stock is to be registered for resale within 120 days.
