BOXABL Inc. (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. Dr. Morris A. Davis, the former Audit Committee chair, will remain a committee member, ensuring continuity in oversight.
Goldsmith brings extensive financial expertise, having spent nearly 21 years at EY, most recently 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 a newly public company navigating the complexities of regulatory reporting and investor expectations.
The appointment follows the recent additions of Larry King as chief financial officer and Heather Clayton as chief accounting officer. Together, these moves signal BOXABL’s commitment to building robust financial leadership and governance infrastructure following its transition to a public company. The company began trading on the Nasdaq Stock Market under the ticker symbol “BXBL” on July 20, 2026, after completing a business combination with FG Merger II Corp. For investors, a strengthened audit committee can enhance confidence in financial statements and compliance, potentially reducing risk and supporting long-term shareholder value.
Since its inception in 2017, BOXABL has raised over $230 million from more than 50,000 investors. The North Las Vegas-based 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 unfold on-site in under an hour. The company is also developing stackable and connectable modules designed to form townhomes, multifamily units and larger single-family homes.
The implications of this governance upgrade extend beyond BOXABL. As a disruptor in the housing sector, the company’s ability to maintain rigorous financial oversight could influence investor confidence in other modular construction startups seeking public markets. For the broader industry, BOXABL’s progress in scaling affordable housing solutions may pressure traditional builders to innovate. The appointment of a seasoned audit chair like Goldsmith is a clear signal that BOXABL is serious about meeting the heightened scrutiny that comes with public ownership.
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