Traders should monitor whether FGMC's stock reaches the $20.00 threshold, which could trigger the release of lock-up provisions. The extended deadline provides more time for the merger to close, but no new financial terms were disclosed.
Price Chart
Executive Summary
FG Merger II Corp. (FGMC) has amended its merger agreement with BOXABL Inc. to extend the closing deadline to July 31, 2026, clarify the definition of Acquiror Securities, and add a termination right if a written request goes unanswered for five business days. The amendment also includes a provision to release lock-up provisions if FGMC's stock trades above $20.00.
Key Financial Metrics
Key Facts
- Extended the merger agreement end date from March 31, 2026, to July 31, 2026.
- Added a provision to release lock-up provisions on Acquiror Securities if FGMC common stock trades at or above $20.00.
- Clarified that Acquiror Securities include 8,295,800 rights for the issuance of 829,580 shares of common stock.
- Added a termination right if a written request under the agreement is not responded to within five business days.
Financial Impact
No material financial impact disclosed in this amendment.
Risk Factors
- Merger may not close by the extended deadline of July 31, 2026.
- Stock price may not reach $20.00 to trigger the release of lock-up provisions.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001104659-26-042091 |
| Document: tm2611529d1_ex2-1.htm | 0001104659-26-042091 |
| Document: 0001104659-26-042091-index-headers.html | 0001104659-26-042091 |
| Document: 0001104659-26-042091-index.html | 0001104659-26-042091 |
| Document: 0001104659-26-042091.txt | 0001104659-26-042091 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jun 10, 2026 19w ago | 425 | $0.9905 $0.9071 | ▲ +8.42% | ▲ +10.31% | — |
Jun 9, 2026 20w ago | 425 | $0.9819 $0.9071 | ▼ −7.62% | ▼ −11.24% | — |
Jun 8, 2026 20w ago | 425 | $0.9537 $0.8800 | ▲ +7.73% | ▲ +9.17% | — |
Jun 3, 2026 20w ago | 425 | $0.8400 $0.8700 | ▲ +3.57% | ▲ +4.70% | — |
May 29, 2026 21w ago | 425 | $0.8100 $0.9900 | ▲ +22.22% | ▲ +25.86% | — |
May 29, 2026 21w ago | 8-K | $0.8100 $0.9900 | ▲ +22.22% | ▲ +25.86% | — |
May 26, 2026 22w ago | 425 | $0.7560 $0.8849 | ▲ +17.05% | ▲ +19.34% | — |
May 21, 2026 22w ago | DEFA14A | — | awaiting T+20 | — | — |
May 13, 2026 23w ago | DEFA14A | — | awaiting T+20 | — | — |
May 13, 2026 23w ago | 425 | — | awaiting T+20 | — | — |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers