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Security Type
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Common Stock
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Min Investment
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$1,000
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Location
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NORTH LAS VEGAS, NV
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Offering Date
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April 19, 2022
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Expected Close Date
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October 09, 2023
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Target Raise
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$10.00K-$103.62K
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No. Investors
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361
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Security Price
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$0.80
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Valuation
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$100,000,000
- Number of Employees
- 94
- Cash
- $9,024,802
- Revenue
- $10,867,746
- Short Term Debt
- $9,171,892
- Cost of Goods
- $23,667,821
- Long Term Debt
- $3,090,823
- Net Income
- $-610,748,564
Company Description
Our first innovation was solving the shipping problem. If you can't ship a product easily and affordably then it doesn't make sense to build it in a factory. This is one reason why modular construction has failed to gain market share and why most buildings are still built one at a time, by hand, in the field. Boxabl buildings fold up to ship highway legal, enabling massive scaling of factory built housing.
Key Deal Facts
Our first innovation was solving the shipping problem. If you can't ship a product easily and affordably then it doesn't make sense to build it in a factory. This is one reason why modular construction has failed to gain market share and why most buildings are still built one at a time, by hand, in the field. Boxabl buildings fold up to ship highway legal, enabling massive scaling of factory built housing.
Management Team / Advisory Board Bios
Paolo Tiramani
Founder & CEO
An industrial designer and mechanical engineer Paolo holds over 150 patent filings which have generated more than $1billion in retail sales in a variety of industries.
Kyle Denman
Lead Engineer
Kyle is the senior engineer spearheading development of the Boxabl technology. A graduate in Mechanical Engineering from Stonybrook University he holds over 20 civil engineering and automotive mechanical patents.
Galiano Tiramani
Founder
Galiano is an entrepreneur who has founded successful startups. Notably a cryptocurrency exchange and ATM network which acts as a custodian for customer funds with an annual trade volume in excess of $10m.