BXBL
BOXABL, Inc. Common stock
stock NASDAQ

Anyone here watching the horror story that is Boxabl ($BXBL) unfold?
Down 65% in it's first seven trading days and the losses are just getting started.

What Happened to Pre-Market Boxabl Shares
* **Equity Rollover:** All existing private and crowdfunding shareholders rolled 100% of their equity over into the combined public company.
* **Conversion and Exchange Ratios:** Private shares did not convert on a direct 1-to-1 basis into public common stock. Instead, shares converted according to specific common and preferred exchange ratios **outlined in the merger filings** (for instance, preferred-to-pubco ratios calculated around 0.08318) to fit the $10 per share public valuation framework.
Your shares may have converted to 148 preferred but they were still worth the same. They are worth less now because:
Boxabl Inc. (**BXBL**) stock dropped following its public market debut on July 20, 2026, primarily due to concerns over valuation disconnect, low revenue relative to its $3.5 billion SPAC valuation, and initial profit-taking and now the stock is only worth $3.92 which gets you your $580. It's just math.