Boxabl Wins Texas Approval for 361 sq ft Casita Ahead of Merger
FGMC•Boxabl received regulatory approval to sell and deploy its 361 square foot Casita Studio across Texas following new legislation easing ADU restrictions. This expansion supports its growth strategy ahead of a planned merger with FG Merger II Corp and anticipated public stock listing.
1. Regulatory Approval and Market Expansion
Boxabl secured regulatory authorization to sell and deploy its 361 square foot Casita Studio in Texas after the state enacted legislation reducing local restrictions on accessory dwelling units. This opens access to one of North America’s fastest-growing residential markets and accelerates adoption of its modular housing solutions.
2. SPAC Merger and Public Listing Strategy
The Texas milestone aligns with Boxabl’s strategy as it prepares for a planned merger with FG Merger II Corp, a SPAC, and subsequent public listing. Entry into this major market could enhance valuation prospects and provide revenue momentum upon becoming a publicly traded company.
