BXBL BS - The captain goes down with the ship. These founders built themselves a lifeboat at $12 and locked us in the hold for 14 months.
—·4hSocial
BXBL BS - The captain goes down with the ship. These founders built themselves a lifeboat at $12 and locked us in the hold for 14 months. TL;DR: Boxabl spent five years telling 50,000 retail investors it would go public. Then it picked a SPAC over a real IPO and got itself "valued" at $3.5 billion with no third-party fairness opinion, something its own S-4 admits, even though the private secondary market implied roughly $1.90 a share post-merger against the $10 deal mark. The founders negotiated
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Open original source ↗Published
6/18/2026, 8:26:39 AM
Fetched
6/18/2026, 9:07:05 AM
Confidence
30 / 100
Relevance
21 / 100
Trust
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Language
en