{"url_path":"/sec/cik-0001816937/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 Unregistered Sales of Equity Securities and Use of Proceeds.**","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/1816937/0001493152-26-023568-index.html","accession_number":"0001493152-26-023568","cik":"0001816937","ticker":null,"issuer_name":"BOXABL Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1816937/0001493152-26-023568-index.html","primary_entity_key":"0001816937","primary_entity_name":"BOXABL Inc."},"word_count":198,"has_tables":true,"body_markdown":"**Item\n2. Unregistered Sales of Equity Securities and Use of Proceeds.**\n\n \n\n**Unregistered\nSales of Equity Securities**\n\n \n\nThe\nCompany has engaged in the following unregistered issuances of securities. The proceeds raised were generally used to fund working capital.\n\n \n\n \n●\nIn\nconnection with the issuance of shares of Series A-3 Preferred Stock in 2024 and 2023, the Company had issued warrants that are exercisable\nfor shares of Series A-3 Preferred Stock at a price of $0.80 per share. In 2026 through May 14, 645,250 warrants were exercised resulting\nin the issuance of 645,250 shares of Series A-3 Preferred Stock for gross proceeds of $516,200.\n\n \n\nNOTE:\nAll classes of Preferred Stock convert into Common Stock upon the Company undertaking a firm underwriting registered offering (an “IPO”)\nor an offering of the Company’s Common Stock under Regulation A.\n\n \n\n*Please\nsee Part I, Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations – Liquidity and\nCapital Resources* for a discussion of funds raised during the quarter.\n\n \n\n**Purchases\nof equity securities by the issuer and affiliated purchasers.**\n\n \n\nThere\nwere no purchases by the Company of its securities during the quarter ended March 31, 2026.\n\n \n\n38\n\n \n\n \n\n**Use\nof Proceeds**\n\n \n\nNot\napplicable."}