BOXABL Inc. Enters $100M At-The-Market Equity Offering Agreement

What Happened

• BOXABL Inc. announced on September 25, 2026 that it entered into an ATM Sales Agreement with Virtu Americas LLC, A.G.P./Alliance Global Partners, Cohen & Company Capital Markets, Maxim Group LLC, and Roth Capital Partners. Under the agreement the company may sell up to $100,000,000 of its Class A common stock from time to time through the agents as an at-the-market equity offering. The shares would be sold under BOXABL’s effective Form S-3 shelf registration (File No. 333-297729; filed July 27, 2026; declared effective August 10, 2026).

Key Details

• Maximum aggregate ATM offering size: $100,000,000 of Class A common stock.
• Agents’ commission: up to 3.0% of gross proceeds per sale.
• Company expense reimbursement to agents (including counsel fees) capped at $75,000, payable at execution.
• BOXABL has no obligation to sell shares, may suspend or terminate the program (three days’ notice to agents or vice versa), and sales may be effected as rule 415 at-the-market transactions.
• Legal opinion regarding the issuance is included as Exhibit 5.1 to the 8-K.

Why It Matters

• This gives BOXABL a flexible way to raise capital over time without a single large offering; proceeds can be used for general corporate purposes (the filing does not specify use).
• The program can dilute existing shareholders if and when shares are sold, so investors should monitor actual sales, timing, and amounts.
• Commissions and capped reimbursements reduce net proceeds slightly; the company also controls whether and when to access this financing source.