BOXABL Inc. (BOXABL (NASDAQ: BXBL)) announced the expansion of its board of directors with the appointment of Timothy Goldsmith, CPA, effective Sept. 24, 2026. Goldsmith will chair the Audit Committee and serve on the Nominating and Corporate Governance Committee, according to the company. Dr. Morris A. Davis, the former Audit Committee chair, will remain a member of the committee, ensuring continuity as the board integrates new leadership.
Goldsmith brings extensive financial expertise to the role, having spent nearly 21 years at EY, where he most recently served 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 experience is critical for BOXABL as it navigates the regulatory and reporting requirements of being a publicly traded company.
The appointment follows the recent additions of Larry King as chief financial officer and Heather Clayton as chief accounting officer, signaling a deliberate effort by BOXABL to build out its financial leadership and governance infrastructure. These moves are particularly important given the company's transition to the public markets. BOXABL began trading on the Nasdaq Stock Market under the ticker symbol "BXBL" on July 20, 2026, following the completion of its business combination with FG Merger II Corp. Strengthening the board with a seasoned audit chair is a key step in enhancing investor confidence and ensuring robust financial oversight.
For investors, the appointment of Goldsmith is a positive signal. Public companies are subject to stringent audit and compliance standards, and having a dedicated Audit Committee chair with decades of experience at a Big Four firm can help mitigate risks and improve financial reporting quality. This is especially relevant for BOXABL, which operates in the innovative but capital-intensive housing industry. Since its inception in 2017, BOXABL has raised over $230 million from more than 50,000 investors, demonstrating significant backing for its mission to transform housing through technology and design. The company's flagship product, the Casita, is a 361-square-foot studio unit with a full kitchen, bathroom, and utilities that unfold on-site in under an hour. BOXABL is also developing stackable and connectable modules designed to form townhomes, multifamily units, and larger single-family homes.
The addition of Goldsmith to the board is likely to be viewed favorably by the market, as it underscores BOXABL's commitment to strong corporate governance. For a company that recently went public, establishing a credible and experienced board is essential for building trust with shareholders and the broader investment community. As BOXABL continues to scale its operations and pursue its goal of making housing affordable at mass-production scale, the guidance of a seasoned audit chair will be invaluable.
The full press release can be accessed at https://ibn.fm/bdjG7. For ongoing updates, visit the company's newsroom at https://ibn.fm/BXBL. MissionIR, a specialized communications platform, provides syndicated content to enhance visibility for companies like BOXABL. It is part of the Dynamic Brand Portfolio at IBN, which offers access to wire solutions via InvestorWire, editorial syndication to over 5,000 outlets, press release enhancement, social media distribution, and tailored corporate communications solutions. For more information, visit MissionIR.
