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- The company has signed a multiyear purchase agreement with LC Vegas Acquisitions, LLC covering up to 1,500 homes over three years.
- The agreement represents BOXABL’s largest announced residential purchase arrangement to date.
- Purchases are expected to be phased at approximately 500 homes annually, subject to site readiness and regulatory approvals.
- LC Vegas Acquisitions brings experience across thousands of residential units and more than $1 billion of real estate developed or in process in the United States.
- The agreement gives BOXABL another potential channel for deploying its factory-built housing platform across larger residential developments.
BOXABL (NASDAQ: BXBL), an innovative technology company transforming the housing market with its modular building systems, has added what could become its largest residential developer relationship to date, signing a multiyear purchase agreement with LC Vegas Acquisitions, LLC for up to 1,500 homes over a three-year period.
Announced September 1, the agreement places BOXABL’s factory-built housing platform in a potentially larger-scale residential development pipeline (https://nnw.fm/DzMrO). The planned purchases are expected to be phased, with approximately 500 homes anticipated each year.
BOXABL said the agreement does not require LC Vegas Acquisitions to make purchases and remains subject to project schedules, site readiness, regulatory approvals and other conditions. The company also cautioned that the contemplated units may ultimately be modified, delayed, reduced or terminated, and that there can be no assurance all contemplated units will be purchased, manufactured or delivered.
LC Vegas Acquisitions is led by Co-Founder and Managing Partner Greg Palivos. According to BOXABL, the team’s previous development, construction and operating activities have involved thousands of residential units across multiple U.S. states, with more than $1 billion in real estate developed or currently in process. The agreement therefore connects BOXABL with a developer experienced in assembling and operating residential projects rather than representing only another retail housing customer.
“BOXABL’s manufacturing platform gives us a way to deliver attainable, high-quality housing at a pace and price point that traditional construction can’t match,” said Palivos. “This partnership reflects our shared commitment to bringing disciplined execution and design-forward thinking to the housing challenges facing communities across the country.”
The homes are expected to be produced from BOXABL’s expanding product platform and configured according to the requirements of individual developments. That flexibility is relevant to the company’s broader strategy because its modular approach is intended to allow individual units to be combined into larger residential configurations.
BOXABL’s housing platform currently includes the Casita line as well as its Baby Box, while the company is developing configurations that can be stacked and connected for larger residential structures.
The underlying manufacturing proposition is built around folding building modules. BOXABL units can be transported in a folded configuration and deployed at the final site rather than requiring the same transportation and installation process associated with conventional modular construction.
Its flagship Casita was originally designed as a 361-square-foot studio unit containing a kitchen, bathroom and utilities. The company says the unit can be unfolded on-site in less than an hour.
That manufacturing and logistics model is central to how BOXABL aims to scale. If BOXABL can translate factory production into repeatable orders from developers, the economics of its business could increasingly depend on production throughput, project execution and its ability to secure recurring development relationships.
The latest agreement comes as BOXABL has broadened its focus beyond individual homeowners. Its website now highlights development opportunities ranging from single-family housing to apartments and other larger projects, reflecting an attempt to position the company as a supplier to the wider housing-development ecosystem.
For more information, visit the company’s website at www.Boxabl.com.
NOTE TO INVESTORS: The latest news and updates relating to BXBL are available in the company’s newsroom at https://nnw.fm/BXBL
Cautionary Note Regarding the Business Combination and Capital Structure. BOXABL Inc. became a publicly traded company through a business combination with FG Merger II Corp., a special purpose acquisition company, completed in July 2026, with the shares beginning trading on the Nasdaq Stock Market under the symbol BXBL on July 20, 2026. Companies that become public through special purpose acquisition transactions may be subject to risks including share price volatility, dilution, limited operating history as a public company, and redemption-related capital reductions. In July 2026 the Company filed a universal mixed shelf registration statement that would permit it to offer up to $500,000,000 of securities over time; any such issuance would be dilutive to existing holders. References to capital raised since inception and to the number of investors are as disclosed by the Company. Readers should review the Company’s filings with the U.S. Securities and Exchange Commission at www.sec.gov, including its periodic reports, in full.
Cautionary Note Regarding Forward-Looking Statements. This publication contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including projections of market opportunity and market share, estimates of customer adoption, projections of development and commercialization costs and timelines, expectations regarding the Company’s ability to execute its business model, the deployment of the Casita, the development and potential production of the Baby Box and of stackable and connectable modules, the pursuit of additional state regulatory approvals, expectations concerning relationships with customers, developers, strategic partners, suppliers, governments and regulatory bodies, and the potential for future projects, including purchases contemplated under developer agreements that are subject to conditions and that may be modified, delayed, reduced or terminated. Such statements are generally identified by words such as “plan”, “project”, “will”, “estimate”, “intend”, “expect”, “believe”, “target”, “continue”, “could”, “may”, “might”, “possible”, “potential” or “predict”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause actual circumstances, events, or results to differ materially, including manufacturing, supply chain, permitting, regulatory, financing, dilution, listing, competitive and market risks, and other risks identified in the Company’s filings with the Securities and Exchange Commission. Do not place undue reliance on such statements. The forward-looking statements in this publication are made as of the date above and IBN undertakes no obligation to update them.
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