BOXABL Wins Texas Approval for Casita Studio Deployment

BOXABL, a developer of factory-built modular housing solutions, has received regulatory approval to sell and deploy its Casita Studio across Texas, marking a significant expansion into one of the fastest-growing residential housing markets in North America. The approval comes as Texas enacts legislation aimed at reducing local restrictions on accessory dwelling units (ADUs), creating a more favorable environment for housing expansion. This milestone strengthens BOXABL's growth strategy as it prepares for its anticipated merger with FG Merger II Corp. and planned public listing, while opening access to a state that has emerged as a major market for ADU development.

BOXABL is transforming the housing market with its modular building systems designed to deliver affordable, high-quality homes at unprecedented speed. Founded in 2017, BOXABL’s innovative approach has attracted worldwide attention as it aims to solve housing challenges for individuals and communities alike. The flagship product, the Casita, is a 361 square foot studio unit with a full kitchen, bathroom, and utilities that unfolds on-site in less than an hour. BOXABL also announced the Baby Box, a smaller 120 square foot unit built to RV code for simpler setups, and is developing stackable and connectable box models for townhomes, multifamily units, or larger single-family homes. The company's ability to manufacture these units in its facilities and deploy them quickly addresses the urgent need for affordable housing in Texas and beyond.

The merger with FG Merger II Corp., a special purpose acquisition company (SPAC), is a key component of BOXABL's strategy to scale its operations and access public capital markets. This move aligns with Texas's legislative push to ease ADU restrictions, which is expected to boost housing supply in the state. For investors, the approval signals a tangible step toward commercialization and revenue generation. The full press release is available at https://nnw.fm/QiPwA, and more information about BOXABL can be found at https://www.boxabl.com/ir. The company's forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995, involve risks and uncertainties that could cause actual results to differ materially.