Boxabl offering is now closed and is no longer accepting investments.
INVEST IN BOXABL TODAY!
Mass Production Building System
$24,823,930.40 Raised
Boxabl is now closing on StartEngine on 8/26/22.
Offering Circular | Risks Related to this Offering | SEC EDGAR Filings | Most Recent Supplement | StartEngine's Form CRS
*Rendering of Boxabl. Images are computer generated demo versions.
Overview
A better way to build
Most car factories like Ford or Tesla build approximately one car per minute. Isn’t it time we do that for houses? Boxabl’s goal is to scale up production and one day make that a reality.
We're offering a better, sustainable, and cost-effective way to build everything from houses to commercial buildings. While most buildings are still built by hand, one at a time, we hope that our building system can change this and bring building construction into the factory.
In 2020 we started raising money from investors to build a new type of house factory, we did just that, and now we are shipping houses.
We have proven our ability to execute, now we want to take things to the next level.
We are now seeking to raise approximately $1.07 billion dollars to build one of the largest and most advanced housing factories to make upscale housing affordable for everyone.
($500m Reg D equity, $500m debt, $68.5M Reg A+)
The Problem
Housing construction is stuck in the past
The Market
Demand for accessory dwelling units is growing*
Backyard accessory dwelling units (ADU) are increasing in popularity in California and other places due to new laws that streamline the permitting process and allow construction in more places (Source). We have already received interest from customers for Casitas that will far exceed our ability to supply product for the next several years.
* Source
* Source
The Solution
A factory for mass-produced housing
We have made it possible to mass-produce housing in a factory through shipping and manufacturing innovations. Our room module, the Casita, folds up to a shippable dimension, and upon arrival unfolds and sets up to a complete house in just a few hours.
The product is planned to include washer, dryer, fridge, stove, bathroom, kitchen, electric, HVAC and more. Just add your bed or couch and you have a turnkey, ready-to-go home.
We are working with third-party testing vendors to ensure our products are stronger, safer, and more sustainable than that of other housing competitors.
*Rendering of Boxabl. Images are computer generated demo versions.
The product doesn't end at the Casita. We have engineered an entire building system where different sized room modules stack and connect to create any building type.
We plan to mass produce room modules in the factory and then sell them to builders and developers who permit and install them. Right now, we are focused on the Accessory Dwelling Unit market in California, but our innovative design means Boxabl can be used to construct most building types.
Traction
We have the demand and we're already producing
Our product has already received enthusiastic demand from potential customers.
Here’s a snapshot of where we’re at:
Our innovative system is protected by 39+ patent filings and growing.
why invest
Isn't it time we build houses the way we build everything else?
We have a solution to bring building construction into the modern manufacturing era. We have found inventive ways of making it possible to manufacture, ship, and customize factory-made, high-quality housing.
*Images are computer generated examples of what a completed build using Boxabl room modules could look like. Non-casita Boxabl room modules are still in the pre-prototype stage.
Our plan is to scale worldwide using a “partner factory model.” We will take our branding, quality control, intellectual property, custom equipment, custom raw materials, plus more, and share it with partners who will start their own factories around the world.
The partners will bring their capital, labor and local market knowledge to set up and operate our closely monitored factories. The Boxabl mothership in Nevada will continue to develop upgrades to our products and manufacturing processes to share this with our partners on an ongoing basis. Using this partner factory model, we plan to continue expanding our reach.
We are excited about our future and invite you to invest in this opportunity and join Boxabl as we continue to innovate the construction industry!
AN OFFERING STATEMENT REGARDING THIS OFFERING HAS BEEN FILED WITH THE SEC. THE SEC HAS QUALIFIED THAT OFFERING STATEMENT, WHICH ONLY MEANS THAT THE COMPANY MAY MAKE SALES OF THE SECURITIES DESCRIBED BY THE OFFERING STATEMENT. IT DOES NOT MEAN THAT THE SEC HAS APPROVED, PASSED UPON THE MERITS OR PASSED UPON THE ACCURACY OR COMPLETENESS OF THE INFORMATION IN THE OFFERING STATEMENT.
THE OFFERING CIRCULAR THAT IS PART OF THAT OFFERING STATEMENT CAN BE FOUND HERE.
THE OFFERING MATERIALS MAY CONTAIN FORWARD-LOOKING STATEMENTS AND INFORMATION RELATING TO, AMONG OTHER THINGS, THE COMPANY, ITS BUSINESS PLAN AND STRATEGY, AND ITS INDUSTRY. THESE FORWARD-LOOKING STATEMENTS ARE BASED ON THE BELIEFS OF, ASSUMPTIONS MADE BY, AND INFORMATION CURRENTLY AVAILABLE TO THE COMPANY’S MANAGEMENT. WHEN USED IN THE OFFERING MATERIALS, THE WORDS “ESTIMATE,” “PROJECT,” “BELIEVE,” “ANTICIPATE,” “INTEND,” “EXPECT” AND SIMILAR EXPRESSIONS ARE INTENDED TO IDENTIFY FORWARD-LOOKING STATEMENTS, WHICH CONSTITUTE FORWARD LOOKING STATEMENTS. THESE STATEMENTS REFLECT MANAGEMENT’S CURRENT VIEWS WITH RESPECT TO FUTURE EVENTS AND ARE SUBJECT TO RISKS AND UNCERTAINTIES THAT COULD CAUSE THE COMPANY’S ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE CONTAINED IN THE FORWARD-LOOKING STATEMENTS. INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE ON THESE FORWARD-LOOKING STATEMENTS, WHICH SPEAK ONLY AS OF THE DATE ON WHICH THEY ARE MADE. THE COMPANY DOES NOT UNDERTAKE ANY OBLIGATION TO REVISE OR UPDATE THESE FORWARD-LOOKING STATEMENTS TO REFLECT EVENTS OR CIRCUMSTANCES AFTER SUCH DATE OR TO REFLECT THE OCCURRENCE OF UNANTICIPATED EVENTS.
Disclaimer- Elon Musk is not affiliated with Boxabl and has not endorsed the Boxabl securities offering
ABOUT
HEADQUARTERS
5345 E. N. Belt Road
North Las Vegas, NV 89115
WEBSITE
View Site
Boxabl has created a building system that's compatible with scalable factory mass production. Our mission is to significantly lower the cost of homeownership for everyone. Obsessively designed to the highest standards of quality, strength, and sustainability to last for generations.
TEAM
Paolo Tiramani
Founder & CEO
Galiano Tiramani
Founder & Director
Kyle Denman
Lead Engineer
TERMS
Boxabl
Overview
PRICE PER SHARE
$0.80
DEADLINE
Aug 27, 2022
VALUATION
$3B
AMOUNT RAISED
$24,823,930.40
Breakdown
MIN INVESTMENT
$1,000
MAX INVESTMENT
$2,000,000
MIN NUMBER OF SHARES OFFERED
3,750,000
OFFERING TYPE
Equity
ASSET TYPE
PREFERRED
SHARES OFFERED
Series A-2 Preferred Stock
MAX NUMBER OF SHARES OFFERED
85,625,000
Maximum Number of Shares Offered subject to adjustment for bonus shares
Company | : | BOXABL |
Corporate Address | : | 5345 E. N. Belt Road, North Las Vegas, NV 89115 |
Offering Minimum | : | $3,000,000.00 |
Offering Maximum | : | $68,500,000.00 |
Minimum Investment Amount(per investor) | : | $1,000.00 |
Terms
Offering Type | : | Equity |
Security Name | : | Series A-2 Preferred Stock |
Minimum Number of Shares Offered | : | 3,750,000 |
Maximum Number of Shares Offered | : | 85,625,000 |
Price per Share | : | $0.80 |
Pre-Money Valuation | : | $3,000,000,000.00 |
Irregular Use of Proceeds
Example - The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments and salary made to one's self, a friend or relative; Any expense labeled "Administration Expenses" that is not strictly for administrative purposes; Any expense labeled "Travel and Entertainment"; Any expense that is for the purposes of inter-company debt or back payments.
ALL UPDATES
08.25.22
Final Day to Invest in Boxabl on StartEngine! Offering Closing 8/26!
Thank you for your support and belief in our ability to change the world!
We’re getting closer to completing our Reg A+ offering, and there are now only 1 day left until the offering closes on StartEngine! Invest before we reach our offering max and sell out!
This investment is speculative, illiquid and involves a high degree of risk, including the possible loss of your entire investment. In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond the Termination Date, in its sole discretion.
08.24.22
Boxabl’s offering is ending soon on StartEngine! Only 2 Days remaining to Invest!
Thank you for your support and belief in our ability to change the world!
We’re getting closer to completing our Reg A+ offering, and there are now only 2 days left until the offering closes on StartEngine! Invest before we reach our offering max and sell out!
This investment is speculative, illiquid and involves a high degree of risk, including the possible loss of your entire investment. In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond the Termination Date, in its sole discretion.
08.23.22
Boxabl has now raised over $23M on StartEngine! Only $5M remaining until Total Cap is reached!
Thank you for investing in Boxabl! We are ecstatic to announce Boxabl has raised over $23M on StartEngine! This campaign ends soon on August 26, unless it sells out sooner! Join us as we continue to innovate the construction industry!
This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond the Termination Date, in its sole discretion.
08.23.22
Boxabl’s offering is ending soon on StartEngine! 3 Days left to Invest!
Thank you for your support and belief in our ability to change the world!
We’re getting closer to completing our Reg A+ offering, and there are now only 3 days left until the offering closes on StartEngine! Invest before we reach our offering max and sell out!
This investment is speculative, illiquid and involves a high degree of risk, including the possible loss of your entire investment. In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond the Termination Date, in its sole discretion.
08.23.22
Boxabl has now raised over $23M on StartEngine!
Thank you for investing in Boxabl! We are ecstatic to announce Boxabl has raised over $23M on StartEngine!
This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment
08.22.22
Boxabl has now raised over $22M on StartEngine! Less than $4M remaining from Total Cap!
Thank you for investing in Boxabl! We are ecstatic to announce Boxabl has raised over $22M on StartEngine! This campaign ends in just 4 days on August 26, unless it sells out sooner! Don’t miss out on this opportunity to join us as we continue to innovate the construction industry!
This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond the Termination Date, in its sole discretion.
08.21.22
READY FOR BOXABL FACTORY-2?
Since we were founded, over 20,000 people have signed onto the BOXABL vision and invested over $120,000,000.
We are using this money to build more factories and more houses!
LESS THAN $20M LEFT BEFORE THE REG A+ IS SOLD OUT!
Now is a great time to invest in BOXABL!
This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment
08.20.22
Boxabl has now raised over $21M on StartEngine!
Thank you for investing in Boxabl! We are ecstatic to announce Boxabl has raised over $21M on StartEngine!
This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment
08.19.22
Our Close Date on StartEngine is now 8/26! Just Crossed $21M!
We felt our offering max was approaching so quickly that we should move up our end date on StartEngine!
This is some great news as we just are passing the $21M mark - We’re so excited to see how far we can go together and are grateful to have such a strong community behind us as we look to revolutionize the way modular homes are built. Please keep the momentum going!
“I can’t think of a larger market to disrupt or a product with a bigger potential upside. We can change housing on a scale the world has never seen.” – Galiano Tiramani, Boxabl Founder.
This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. In addition, as described in the Offering Circular, the Company retains the right to continue the offering beyond the Termination Date, in its sole discretion.
08.19.22
Delivering Elon Musk’s Boxabl Casita!
Check out the @FULL SEND PODCAST where Elon finally confirms that he owns a Boxabl! https://youtu.be/87o8yQckApk
This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment
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HOW INVESTING WORKS
Cancel anytime before 48 hours before a rolling close or the offering end date.
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With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.
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