Modular Housing
Search documents
BOXABL Announces New Contracts: 51-Unit Deal With Grace Bible Church-Rialto and 20-Unit Contract With Gateway Christian via Innovate ADU, Strengthening Its Market Penetration With Faith-Based Organizations Amid Growing YIGBY Movement
Prnewswire· 2025-10-14 16:31
Core Insights - BOXABL Inc. is advancing its modular housing solutions through new contracts with Innovate ADU, including a 51-unit agreement with Grace Bible Church-Rialto and a 20-unit contract with Gateway Christian, highlighting its focus on faith-based development projects [1][2] Company Developments - The total value of BOXABL's closed contracts in the faith-based vertical has reached approximately $7 million for 122 units this year, with significant projects like the Caritas Casitas in Oklahoma City expected to provide affordable housing by October 2025 [2][3] - BOXABL's 361-square-foot Casita units are designed to transform underutilized land into housing communities, addressing the needs of vulnerable populations and enhancing property values for faith-based organizations [3][4] Industry Context - California's SB4 legislation is pivotal, unlocking 171,000 acres of faith-owned land that could support between 342,000 to 500,000 affordable housing units, indicating a substantial market opportunity for BOXABL and similar companies [4] - The Yes In God's Backyard (YIGBY) movement, along with favorable regulations in other states, is expected to further facilitate the development of affordable housing through faith-based organizations [4][5] Marketing and Outreach - BOXABL is launching a nationwide marketing campaign aimed at engaging more faith-based organizations and nonprofits, particularly in states with YIGBY policies, to explore collaboration opportunities [5][6] Financial Position - BOXABL has raised over $230 million from more than 50,000 investors and is preparing for a public listing through a merger with FG Merger II Corp., which will enhance its financial capacity to address the global housing crisis [6]
Hear At Last Launches HOHM Token for Capital Raise on Solana Blockchain - Now Ready to Trade
Newsfile· 2025-10-14 15:44
Core Insights - Hear At Last has successfully launched its cryptocurrency token, HOHM, on the Solana blockchain, aiming to revolutionize affordable housing through blockchain technology [1][9] - The primary goal of the HOHM token is to raise $10 million for developing portable and affordable homes in Jamaica and North America, targeting underserved communities [2][4] - The HOHM token is designed as a social impact investment to address critical housing shortages, leveraging the speed and low transaction costs of the Solana blockchain for efficient fundraising [3][6] Fundraising and Purpose - The funds raised through the HOHM token will be directly allocated to the construction and deployment of portable homes, addressing significant housing challenges [4] - The initiative emphasizes sustainability and innovation, with portable homes designed to be eco-friendly, cost-effective, and rapidly deployable [5] - Blockchain technology will ensure transparency in the flow and use of funds, enhancing investor confidence in the project's integrity [6] Accessibility and Community Engagement - The HOHM token is accessible to a broad range of investors, from institutional backers to individual supporters, due to its launch on the Solana blockchain [7] - Hear At Last encourages investors and communities to join in building a foundation for affordable housing and sustainable living, aiming to make a lasting difference in the lives of families [12] - The company is dedicated to providing innovative housing solutions and aims to redefine how affordable housing is delivered and deployed [11][13]
Champion Homes: Margin Noise Masks The Value Of A Modular Housing Leader
Seeking Alpha· 2025-07-04 02:51
Core Insights - The article introduces Eric Ramos as a new contributing analyst for Seeking Alpha, encouraging others to share their investment ideas for publication and potential earnings [1]. Group 1 - Seeking Alpha is inviting contributions from analysts to share investment ideas, which can lead to publication and financial rewards [1]. - The platform emphasizes the opportunity for contributors to unlock exclusive access to SA Premium by sharing their insights [1].
Hudson Global (HSON) Earnings Call Presentation
2025-05-22 08:23
Merger Highlights - The proposed merger aims to create a larger multi-sector holding company, targeting inclusion in the Russell 2000 index[11] - The combined company, NewCo, projects $40 million in Adjusted EBITDA by 2030, a significant increase from the pro forma $6.4 million in 2024[11] - NewCo anticipates at least $2 million in annualized cost savings within 12 months, potentially generating approximately $0.57 in incremental pro-forma EPS[11] - NewCo expects to better utilize Hudson's Net Operating Losses (NOLs), with a potential value of $14.45 per pro-forma share[11] Strategic Rationale - The merger diversifies revenues for both Hudson and Star, creating pro-forma annualized revenues of $210 million, compared to $140.1 million and $53.4 million respectively in FY 2024[19] - The combined entity anticipates approximately $2 million in annualized savings from corporate overhead and public company costs[19] - Hudson has $240 million in usable US Federal NOLs, which NewCo can better utilize to shield more US taxable income[19] - The combined cash position of the companies was $23.3 million as of December 31, 2024, with Hudson holding $17.7 million and Star holding $5.6 million[19] Transaction Details - Hudson will acquire all outstanding common shares of Star, issuing 0.23 common shares of HSON for each common share of STRR[25] - Upon completion of the merger, Hudson shareholders will own approximately 79% stake in NewCo, and Star shareholders will own approximately 21%[25]