BOXABL (BXBL) Enters Multiyear Agreement for Up to 1,500 Homes
LOS ANGELES, CA - September 1, 2026 (NEWMEDIAWIRE) - BOXABL (NASDAQ: BXBL) announced a multiyear purchase agreement with LC Vegas Acquisitions, LLC contemplating the purchase of up to 1,500 BOXABL homes over three years, representing the company largest announced residential purchase arrangement to date. Purchases are expected to occur in phases at approximately 500 homes annually, subject to project schedules, site readiness, regulatory approvals and other conditions. The agreement does not require any purchases to be made and contemplated units may be modified, delayed, reduced or terminated under its terms.
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About BOXABL
BOXABL Inc. is transforming the housing market with its modular building systems designed to deliver affordable, high-quality homes at unprecedented speed. Founded in 2017, BOXABL’s innovative approach has attracted worldwide attention as it aims to solve housing challenges for individuals and communities alike. BOXABL’S flagship product, the Casita, is a 361-square-foot studio unit with a full kitchen, bathroom, and utilities. The Casita unfolds on-site in less than an hour and is manufactured inside BOXABL’s facilities. BOXABL also has announced the Baby Box, a smaller 120-square-foot unit built to RV code, intended for simpler, no foundation setups. BOXABL is also developing stackable and connectable box models that can be combined to form townhomes, multifamily units, or larger single-family homes.
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Forward Looking Statements
Certain statements in this article are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management's control, including the risks set forth under the heading "Risk Factors" discussed under the caption "Item 1A. Risk Factors" in Part I of the Company's most recent Annual Report on Form 10-K or any updates discussed under the caption "Item 1A. Risk Factors" in Part II of the Company's Quarterly Reports on Form 10-Q and in the Company's other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this article in making an investment decision, which are based on information available to us on the date hereof. All parties undertake no duty to update this information unless required by law
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