Valuation: Social Coverage

Boxabl ignites SPAC market, goes public at $3.5B valuation

<![CDATA[A year after revealing its intentions, Boxabl is out of the private box and into the public trading sphere. The Las Vegas-based modular housing startup started trading on the Nasdaq Monday after combining with FG Merger II Corp., a special purpose acquisition company, Inman reported. The merger agreement was reached in August 2025, but shareholders didn’t approve the deal until last month; it closed Friday. The combined company began trading under the BXBL ticker on Monday. Shares quickly surged 20 percent, though they declined by roughly the same amount during the first few hours of trading Tuesday. The public entry [&#8230;] This article originally appeared on The Real Deal. Click here to read the full story. ]]>