1. BOXABL gains regulatory approval for deployment in South Carolina. 2. Merger with FG Merger Corp. is progressing through S-4 registration. 3. Contract delivery of 150 Casitas is set for multiple states. 4. U.S. glamping market projected to grow to $1.5 billion by 2030. 5. BOXABL addresses regulatory challenges with efficient modular home design.
The regulatory approval and multi-state contract support FGMC's strategic positioning and growth potential. Historical examples show similar partnerships increased market value for merging firms.
The strategic partnership between BOXABL and FGMC significantly influences FGMC's market prospects and financial stability. It also signals investor confidence in the upcoming merger.
The sustained growth of the glamping market indicates long-term revenue potential for FGMC. Previous successful mergers in this space have built extensive market reach, benefiting stock valuations over time.
LAS VEGAS, Sept. 26, 2025 /PRNewswire/ -- BOXABL Inc., a pioneering leader in revolutionary modular housing solutions, which is currently in a S-4 registration process for its previously announced merger with FG Merger Corp. (NASDAQ: FGMC), announced its regulatory approval for deployment in South Carolina. This milestone enables a landmark manufacturing and supply contract with Horizons Getaways, a fast-growing brand redefining the outdoor experience through a new level of cabin resort experience. The agreements include the delivery of 150 Casita units, starting with South Carolina as the first in line, followed by developments in Tennessee, Texas, Florida, California, and Ohio.
The partnership leverages BOXABL's flagship Casita—a 361-square-foot modular home designed for rapid assembly, energy efficiency, and seamless integration into natural environments—to power Horizons Getaways' vision of sustainable luxury. Besides staying in the most comfortable, fully equipped Casitas, guests will have access to a luxurious spa with saunas, steam rooms, pools, and more, plus a clubhouse with a professional kitchen, stage, and everything needed for the perfect outdoor event. These are to be set in scenic, working-farm locations across these states, beginning with South Carolina's Lowcountry and Upcountry regions.
"This South Carolina approval and multi-state contract with Horizons Getaways solidify BOXABL's leadership in the $831.5 million U.S. glamping market, projected to reach $1.5 billion by 2030 at a 12.8% CAGR," said Martin Costas, CFO of BOXABL. "Our Casita's sustainable design and rapid deployment make it the ideal solution for this high-growth sector. As we advance through the S-4 process for our merger with FGMC, this partnership underscores our momentum and strategic positioning in high-demand markets." [Source: Grand View Research, 2025]
The U.S. glamping industry is thriving, driven by millennials and Gen Z, who account for over 50% of bookings, seeking wellness-focused escapes near urban hubs. BOXABL's foldable, truck-shippable Casitas reduce construction waste by 90% and installation time by months, addressing regulatory and supply chain challenges in this high-margin niche.
These documents can be accessed free of charge at the SEC's website (www.sec.gov) or by contacting BOXABL's investor relations team.
For more on Horizons Getaways' innovative glamping resorts, visit www.gohorizons.com.
About BOXABL
BOXABL is transforming the housing industry with innovative, factory-built modular homes that are affordable, sustainable, and designed for the future. Its patented Casita technology enables rapid deployment of high-quality living spaces, from urban micro-homes to resort accommodations. BOXABL continues to partner with forward-thinking brands to address global housing and hospitality needs. Learn more at www.BOXABL.com.
View original content to download multimedia:https://www.prnewswire.com/news-releases/boxabl-gains-south-carolina-approval-secures-horizons-getaways-contract-for-multi-state-eco-luxury-cabin-resorts-expansion-302568445.html
SOURCE Boxabl