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Boxabl

Boxabl Update. Round Closing soon.

on Sep 4 2020
Hi! My names Galiano and I work with Boxabl to help people live more affordably.

The capital raise is going very well. To date we have $2.8m in escrow.

According to SEC regulation CF we are only allowed to accept $1.07m from unaccredited investors. We hit that threshold early on. Now approximately $50,000-$100,000 is flowing in from unaccredited investors everyday that we are not allowed to keep!

This confirms a huge opportunity to conduct a SEC approved reg A+ offering that would allow us to sell up to $50m in shares to the general public. Based on performance in our current campaign we expect to be able to oversubscribe that round.

We need a bigger factory to come close to meeting the huge demand for Casitas that has appeared.

An A+ round puts our current investors in a great position, the paper valuation of their shares will go up dramatically, and Boxabl will get another large chunk of additional capital that is much less dilutive and can help increase the likelihood of our success.

Because of this new plan, we will be closing the current round soon to prepare for the bigger raise amount. If you want to invest in this round, the next week or two will be last call! 


We can still receive investments on this campaign from accredited investors. For those that have already invested, Wefunder is working hard to process everything and we should receive some updates on closing soon.

General interest remains strong and our pre order list has grown to 15,000 with 2,000 of them having paid a deposit. We also have new manufacturing equipment ordered and continue to make progress in expanding the factory. 

PS Watch this video about the Henry Ford Assembly line, it changed the world, but still hasn't been applied to building construction... until Boxabl.

THE COMPANY IS “TESTING THE WATERS” UNDER REGULATION A UNDER THE SECURITIES ACT OF 1933. THIS PROCESS ALLOWS COMPANIES TO DETERMINE WHETHER THERE MAY BE INTEREST IN AN EVENTUAL OFFERING OF ITS SECURITIES. THE COMPANY IS NOT UNDER ANY OBLIGATION TO MAKE AN OFFERING UNDER REGULATION A. IT MAY CHOOSE TO MAKE AN OFFERING TO SOME, BUT NOT ALL, OF THE PEOPLE WHO INDICATE AN INTEREST IN INVESTING, AND THAT OFFERING MIGHT NOT BE MADE UNDER REGULATION A. IF THE COMPANY DOES GO AHEAD WITH AN OFFERING, IT WILL ONLY BE ABLE TO MAKE SALES AFTER IT HAS FILED AN OFFERING STATEMENT WITH THE
SECURITIES AND EXCHANGE COMMISSION (SEC) AND THE SEC HAS “QUALIFIED” THE OFFERING STATEMENT. THE INFORMATION IN THAT OFFERING STATEMENT WILL BE MORE COMPLETE THAN THE INFORMATION THE COMPANY IS PROVIDING NOW, AND COULD DIFFER IN IMPORTANT WAYS.
NO MONEY OR OTHER CONSIDERATION IS BEING SOLICITED, AND IF SENT IN RESPONSE, WILL NOT BE ACCEPTED. NO OFFER TO BUY THE SECURITIES CAN BE ACCEPTED AND NO PART OF THE PURCHASE PRICE CAN BE RECEIVED UNTIL THE OFFERING STATEMENT FILED BY THE COMPANY WITH THE SEC HAS BEEN QUALIFIED BY THE SEC. ANY SUCH OFFER MAY BE WITHDRAWN OR REVOKED, WITHOUT OBLIGATION OR COMMITMENT OF A NY KIND, AT ANY TIME BEFORE NOTICE OF ACCEPTANCE GIVEN AFTER THE DATE OF QUALIFICATION. AN INDICATION OF INTEREST INVOLVES NO OBLIGATION OR COMMITMENT OF ANY KIND.