BOXABL Announces They Reserved the Stock Ticker BXBL on the Nasdaq
Rhea-AI Summary
BOXABL, a Las Vegas-based housing technology startup, has announced the reservation of the NASDAQ stock ticker symbol BXBL. The company is concluding its final funding round on StartEngine, which will close on March 29, with the offering continuing through Dealmaker Securities.
The company recently released a video update showcasing their $19,999 BABY BOX and plans for larger connectable modules for townhomes as part of their Phase 2 development. Founded in 2017, BOXABL has raised over $170 million from more than 40,000 investors.
Important note: The ticker reservation does not guarantee a future NASDAQ listing or indicate that BOXABL meets any of NASDAQ's listing criteria.
Positive
- Raised substantial capital of $170M from 40,000+ investors
- Launching affordable housing product at $19,999 (BABY BOX)
- Expanding product line with larger townhome modules
Negative
- No guarantee of meeting NASDAQ listing requirements
- Still in fundraising phase, indicating ongoing capital needs
BOXABL is also wrapping up its final funding round on StartEngine. The investment round through StartEngine will close at the end of the month, with March 29 being the last day to invest through StartEngine. The offering will remain open through Dealmaker Securities.
Recently, the
Reserving a Nasdaq ticker does not guarantee a future listing on Nasdaq or indicate that BOXABL meets any of Nasdaq's listing criteria to do so.
About BOXABL - Since its inception in 2017, BOXABL has raised over
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SOURCE Boxabl
FAQ
When will BOXABL (BXBL) close its StartEngine funding round?
How much funding has BOXABL (BXBL) raised since 2017?
What is the price of BOXABL's BABY BOX model?
Does reserving the BXBL ticker guarantee a NASDAQ listing for BOXABL?
