BOXABL Inc. Pursues Factory-Built Housing Scale as SPAC Merger Advances
BOXABL has appointed technology executive Shan Palaniappan as chief technology officer as it expands automation, software and AI capabilities across operations. The company is pursuing a proposed merger with FG Merger II Corp. (NASDAQ: FGMC), with the combined company expected to trade under the ticker Nasdaq: BXBL. BOXABL has already produced more than 800 housing units from its Las Vegas manufacturing facility and is targeting multiple residential and commercial market segments. The company’s modular system is designed to support scalable deployment for single-family homes, multifamily housing, workforce accommodations, and hospitality projects. Management sees long-term opportunity in combining home production with…
