M&A - BOXABL Inc.
Form Type: 253G2
Filing Date: 2025-06-11
Corporate Action: Merger
Type: Update
Accession Number: 000164117225014605
Filing Summary: On June 9, 2025, Boxabl Inc. announced it has entered into a non-binding letter of intent with a special purpose acquisition company (SPAC) to discuss a potential business combination. This supplement updates the 'Planned Timeline' in the previously filed offering circular dated June 25, 2024. The discussions aim to result in a definitive agreement between Boxabl and the SPAC for a merger, leading to the formation of a combined entity that is expected to be listed on the Nasdaq Stock Market. Boxabl's existing equity holders will roll 100% of their equity into this new public company. The completion of this business combination is contingent upon due diligence, negotiation of a definitive agreement, and approval from both companies' boards and stockholders. There are no guarantees regarding the conclusion or terms of this transaction.
Additional details:
Planned Timeline: update to planned timeline discussion in the offering circular
Business Combination Discussion: non-binding letter of intent with SPAC
Form Type: 8-K
Filing Date: 2025-06-11
Corporate Action: Merger
Type: New
Accession Number: 000164117225014601
Filing Summary: On June 9, 2025, BOXABL Inc. announced a non-binding letter of intent with a special purpose acquisition company (SPAC) to discuss a possible business combination. This indicates that the company is exploring a merger or acquisition. No definitive agreement has been reached at this time, highlighting the early stage of negotiations for a merger with the SPAC.
Additional details:
Business Combination Details: Entered into discussions for a business combination with a SPAC.
Definitive Agreement Status: No definitive agreement has been reached.
Date Of Event Reported: 2025-06-09
Company Address: 5345 E. N. Belt Road, Las Vegas, NV 89115
Emerging Growth Company: yes
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