BOXABL (NASDAQ: BXBL) announced the appointment of Timothy Goldsmith, CPA, to its board of directors effective Sept. 24, 2026. Goldsmith will chair the Audit Committee and serve on the Nominating and Corporate Governance Committee. Dr. Morris A. Davis, the former Audit Committee chair, will remain a committee member. The appointment follows the recent additions of Larry King as chief financial officer and Heather Clayton as chief accounting officer, as BOXABL builds out its financial leadership and governance infrastructure following its transition to a public company. The move signals a deliberate effort to strengthen oversight and financial expertise at a critical juncture for the North Las Vegas-based housing technology company.
Goldsmith brings nearly 21 years of experience at EY, most recently serving as an audit partner from 2018 to 2026. His background includes public and private company audits, U.S. GAAP, IFRS, SEC and PCAOB standards, and Sarbanes-Oxley compliance. This depth of technical accounting and regulatory knowledge is particularly important for a newly public company navigating the complexities of SEC reporting, internal controls, and audit committee responsibilities. For BOXABL, which became publicly traded through a business combination with FG Merger II Corp. in July 2026, having a seasoned audit committee chair is essential to meeting the heightened scrutiny and compliance requirements of the public markets.
BOXABL has raised over $230 million from more than 50,000 investors since its inception in 2017. The company aims to transform the housing industry through innovative technology and design, with a mission of making housing affordable at mass-production scale. Its flagship product, the Casita, is a 361-square-foot studio unit with a full kitchen, bathroom, and utilities that unfolds on-site in under an hour. BOXABL is also developing stackable and connectable modules. For more details, the full press release is available at https://ibn.fm/bdjG7.
The appointment comes as BOXABL continues to face the risks associated with being a public company, including share price volatility, dilution, limited operating history as a public company, and redemption-related capital reductions. In July 2026, the company filed a universal mixed shelf registration statement that would permit it to offer up to $500,000,000 of securities over time; any such issuance would be dilutive to existing holders. Investors are encouraged to review the company’s filings with the U.S. Securities and Exchange Commission at www.sec.gov, including its periodic reports, in full. The latest news and updates relating to BXBL are available in the company’s newsroom at https://ibn.fm/BXBL.
This publication contains forward-looking statements that involve risks and uncertainties. Full terms of use and disclaimers applicable to all content provided by IBN are available at https://IBN.fm/Disclaimer and https://IBN.ai/Disclaimer. The original release can be viewed on www.newmediawire.com.
