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BOXABL Announces Intent to Merge with a SPAC, Targeting Nasdaq Listing

  • On June 9, 2025, BOXABL Inc. announced it signed a non-binding letter of intent with a Nasdaq-listed SPAC to explore a business combination.
  • BOXABL and the SPAC plan to negotiate a definitive agreement, subject to due diligence, approvals, and conditions being met before completion.
  • The SPAC secured $80 million through its initial public offering to fund the proposed deal, while BOXABL boasts a community of more than 50,000 investors who have collectively contributed upwards of $200 million.
  • Relevant SEC filings, including a Form S-4 registration statement with a proxy statement/prospectus, will provide important details about BOXABL, the SPAC, and the deal.
  • If completed, the transaction will list BOXABL on Nasdaq, advancing its mission to transform affordable, sustainable modular housing solutions.
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Montana StandardMontana Standard
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BOXABL Announces Intent to Merge with a SPAC, Targeting Nasdaq Listing

LAS VEGAS, June 9, 2025 /PRNewswire/ -- BOXABL Inc., a leading innovator in modular housing solutions ("BOXABL"), is pleased to announce that it has entered into a non-binding letter of intent (the "LOI") regarding a proposed business combination (the "Proposed…

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Montana Standard broke the news in on Monday, June 9, 2025.
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