Tillkännagivande • Dec 17
Blackboxstocks Inc., Annual General Meeting, Feb 02, 2026 Blackboxstocks Inc., Annual General Meeting, Feb 02, 2026. Location: 7jpp_qvvsaoiig5ahftecg, United States Tillkännagivande • Jul 02
Blackboxstocks Inc. has filed a Follow-on Equity Offering in the amount of $5.795 million. Blackboxstocks Inc. has filed a Follow-on Equity Offering in the amount of $5.795 million.
Security Name: Common Stock
Security Type: Common Stock
Transaction Features: At the Market Offering Tillkännagivande • Mar 11
REalloys Inc. entered into an agreement and plan of merger to acquire Blackboxstocks Inc. (NasdaqCM:BLBX) from Gust Kepler and others for an enterprise value of $400 million in a reverse merger transaction. REalloys Inc. entered into an agreement and plan of merger to acquire Blackboxstocks Inc. (NasdaqCM:BLBX) from Gust Kepler and others for an enterprise value of $400 million in a reverse merger transaction on March 10, 2025. Upon closing of the Merger, it is anticipated Blackbox’s and REalloys’ stockholders will own approximately 7.3% and 92.7%, respectively, of the combined company’s shares of common stock expected to be outstanding upon closing of the Merger, based on REalloys’ initial valuation of $400 million. Blackbox’s stockholders of record prior to closing will receive Contingent Value Rights (CVRs) entitling them to certain net proceeds from the potential sale of Blackbox’s current fintech operations within 24 months post-Merger. Post-closing, David Argyle is expected to assume the role of Chief Executive Officer of the combined company, while Gust Kepler will continue as Chief Executive Officer of Blackbox.io, Inc., a subsidiary formed to continue the Company’s historic fintech operations. REalloys will appoint five members and current management of Blackbox will appoint one member to the board of directors of the post-Merger combined company. Following the Closing, the Company is expected to be renamed “REalloys Inc.,” and it is expected that the shares of Company Common Stock will continue to be listed on Nasdaq.
Closing of the Merger is subject to various customary closing conditions. Each party’s obligations to effect the Merger and otherwise consummate the contemplated transactions thereunder are conditioned upon (i) the effectiveness of the Registration Statement on Form S-4, (ii) expiration or termination of applicable regulatory waiting periods, (iii) no restraints from any governmental authority preventing the consummation of the contemplated transactions under the Merger Agreement, (iv) the Company and REalloys obtaining their respective requisite stockholder votes to consummate the transactions contemplated by the Merger Agreement, (v) Nasdaq’s approval of the Company’s Nasdaq listing application for the post-Merger entity, (vi) execution of Lock-Up Agreements (as further described below), (vii) execution of a Stock Purchase Agreement by and between Gust Kepler and Lipi Sternheim whereby Gust Kepler shall agree to sell 1,634,999 shares of Company Series A Convertible Preferred Stock to Lipi Sternheim contingent upon and effective concurrently with Closing, and (viii) the filing of an amendment to Company’s charter with the Secretary of State of the State of Nevada, containing such amendments necessary to consummate the transactions contemplated by the Merger Agreement. Company’s and Merger Sub’s obligations to effect the Merger and otherwise consummate the contemplated transactions thereunder are further conditioned upon customary closing conditions as well as REalloys having sufficient stockholder’s equity as necessary for the Company to meet Nasdaq listing requirements. REalloy’s obligations to effect the Merger and otherwise consummate the contemplated transactions thereunder are further conditioned upon customary closing conditions as well as (i) the Company’s execution of the Option Agreement, (ii) the Company’s consummation of a Company Financing and issuance of $2,300,000 of Additional Debentures to the satisfaction of the REalloys (as further described below), (iii) the Company having Net Cash (as defined in the Merger Agreement) equal to or in excess of negative $2.69 million, and (iv) the Company filing the Certificate of Designations establishing a class of Company preferred stock to be designated Series C Convertible Preferred Stock. The Merger is expected to close in the second quarter of 2025 and is subject to customary closing conditions including but not limited to regulatory, lender and stockholder approval. The transaction has been approved the board of directors of Blackboxstocks and REalloys.
Jeff McPhaul of Winstead PC is serving as legal counsel to Blackbox. Rick A. Werner, Alla Digilova and Simin Sun of Haynes and Boone, LLP are serving as legal counsel to REalloys. Palladium Capital Group, LLC acted as the exclusive Financial Advisor in the transaction. Tillkännagivande • Jan 27
Blackboxstocks Inc. Announces Appointment of Grant Evans as Director Blackboxstocks Inc. announced that on January 21, 2025 the Company appointed Grant Evans as a Director to replace Ray Balestri who passed away unexpectedly earlier this month. Mr. Evans has been a partner with Pacific Coast Partners, an advisory firm focusing on mergers and acquisitions, strategy and capital raising since 2021. Prior to that, Mr. Evans has held several CEO positions in public and private companies including ActivIdentity Inc. where he was Chairman and CEO, a (NASDAQ listed company) and global supplier and leader of secured identification and encryption solutions for end point management, secured access, data protection and monitoring. Mr. Evans is as an independent director under the requirements set by Nasdaq and the SEC and will chair the Company’s audit committee. Tillkännagivande • Jan 17
Blackboxstocks Receives a Notice from the Listing Qualifications Department of Nasdaq As previously disclosed, on January 7, 2025, Blackboxstocks Inc. notified the Nasdaq Stock Market LLC that, as a result of not holding its 2024 annual meeting of the stockholders on or before December 31, 2024, the Company was not in compliance with Nasdaq’s annual meeting requirements as set in Nasdaq Listing Rule 5620(a) which requires that each company listing common stock hold an annual meeting of stockholders within one year of the end of each fiscal year. On January 13, 2025, the Company received a notice (the “Annual Meeting Notice”) from the Listing Qualifications Department of Nasdaq stating that, consistent with Nasdaq Listing Rule 5810(c)(2)(G), the Company has 45 calendar days from the date of the Annual Meeting Notice (i.e., February 27, 2025) to submit a plan to regain compliance, and if Nasdaq accepts such plan, Nasdaq can grant an exception of up to 180 calendar days from the fiscal year end (i.e., June 30, 2025) to regain compliance. The Company has scheduled its 2024 annual meeting of the stockholders for February 7, 2025 in order to cure the non-compliance and plans to timely submit its plan to regain compliance to the Nasdaq by holding the 2024 annual meeting on such date. As previously disclosed, on January 7, 2025, the Company notified Nasdaq that, as a result of Ray Balestri’s passing, the Company was no longer in compliance with Nasdaq Listing Rule 5605(b)(1), which requires a majority of the Company’s board of directors to be comprised of Independent Directors, and Nasdaq Listing Rule 5605(c)(2)(A), which requires the Company’s Audit Committee to be comprised of at least three independent directors. On January 13, 2025, the Company received a notice (the “Director Notice”) from the Listing Qualifications Department of Nasdaq stating that, consistent with Nasdaq Listing Rules 5605(b)(1)(A) and 5605(c)(4), Nasdaq will provide the Company a cure period in order to regain compliance. Such cure period will either be (i) until the earlier of the Company’s next annual meeting of the stockholders or January 4, 2026, or (ii) if the Company’s next annual meeting of the stockholders is held before July 3, 2025, then no later than July 3, 2025. The Company is in the process of reviewing and evaluating potential options to regain compliance with Nasdaq Listing Rules 5605(b)(1) and 5605(c)(2)(A) within the cure period provided by Nasdaq. Tillkännagivande • Jan 08
Blackboxstocks Inc. Announces Demise of Ray Balestri, Director and Member of Audit, Compensation and Nominating and Governance Committee Blackboxstocks Inc. announced that on January 4, 2025, Ray Balestri, a current named director of the Company, passed away unexpectedly. Prior to his passing, Mr. Balestri also served as a member of the Company’s Audit Committee, Compensation Committee and Nominating and Governance Committee. On January 7, 2025, the Company notified Nasdaq that, as a result of Mr. Balestri’s passing, the Company is no longer in compliance with certain Corporate Governance Requirements as set forth in Nasdaq Listing Rule 5605. Tillkännagivande • Oct 10
Blackboxstocks Inc., Annual General Meeting, Dec 27, 2024 Blackboxstocks Inc., Annual General Meeting, Dec 27, 2024. Tillkännagivande • Aug 16
Blackboxstocks Inc. announced delayed 10-Q filing On 08/15/2024, Blackboxstocks Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Tillkännagivande • Jul 03
Blackboxstocks Inc. announced that it has received $1.25 million in funding from Quadrofoglio Limited Blackboxstocks Inc. announced a private placement that it has issued 312,500 common shares at a price of $4 per share for the gross proceeds of $1,250,000 on July 2, 2024. The transaction included participation from lead investor, Quadrofoglio Limited for $1,150,000 and individual investor such as Gust Kepler for $100,000. Tillkännagivande • Dec 14
Blackboxstocks Inc. (NasdaqCM:BLBX) entered into an agreement to acquire Evtec Aluminium Ltd. Blackboxstocks Inc. (NasdaqCM:BLBX) entered into an agreement to acquire Evtec Aluminium Ltd on December 12, 2023. Post-closing, Blackbox and Evtec Aluminum common stockholders will own 26.7% and 73.3% of the estimated €12 million common shares outstanding post-merger, respectively. David Roberts will assume the roles of Chairman and CEO of the parent Company, Gust Kepler will continue to serve as the CEO of the Blackbox fintech operations and Robert Winspear will remain a director and CFO of the parent Company, all post-closing. Evtec will appoint three new independent directors to the Company’s Board. The transaction is expected to close in the first quarter of 2024 and is subject to customary closing conditions including but not limited to regulatory, lender and stockholder approval. Tillkännagivande • Nov 14
Blackboxstocks Inc., Annual General Meeting, Dec 29, 2023 Blackboxstocks Inc., Annual General Meeting, Dec 29, 2023, at 10:00 Central Standard Time. Agenda: To elect five directors to the Company’s Board of Directors, each to serve as a director for a term of one year expiring at the annual meeting of stockholders to be held in 2024 and until their successors have been duly elected and qualified; to ratify the selection by the Audit Committee of the Board of Turner, Stone & Company, L.L.P. as the independent registered public accounting firm of the Company for its fiscal year ending December 31, 2023; and to conduct any other business properly brought before the meeting or any adjournment or postponement thereof. Tillkännagivande • Jun 17
Blackboxstocks to Issue 2.4 Million Shares of Series B Convertible Preferred Stock in Exchange for 4,086 Shares of Evtec to Regain Compliance with Nasdaq Stockholder Equity Requirements Blackboxstocks Inc. has taken an $8.5 million stake in U.K.-based Evtec Group Limited, according to a news release. The companies entered into a securities exchange agreement, providing for a mutual investment as an initial step towards completing a planned merger between Blackbox and Evtec Group companies. The merger was announced in April. The agreement details Blackbox will issue 2.4 million shares of a Series B Convertible Preferred Stock in exchange for 4,086 shares of Evtec. "This agreement is an important first step in our merger plan with Evtec and demonstrates the strong financial commitment that both companies have to complete it", Gust Kepler, Chief Executive Officer of Blackbox, said in a prepared statement. "In parallel, we are continuing to build our core business in the fintech sector. We believe this dual strategy will provide maximum value for our shareholders by allowing them to participate in the continued operations of Blackbox in addition to the explosive EV and luxury automotive parts sector served by Evtec". The agreement will increase Blackbox stakeholders' equity by $8.52 million. The increase enables the company to regain compliance with Nasdaq stockholder equity requirements. Reported Earnings • Apr 16
Full year 2022 earnings released Full year 2022 results: Revenue: US$4.96m (down 19% from FY 2021). Net loss: US$5.02m (loss widened 92% from FY 2021). Board Change • Feb 07
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). Co-Founder, Chairman, President & CEO Gust Kepler is the most experienced director on the board, commencing their role in 2015. Non-Employee Independent Director Ray Balestri was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Tillkännagivande • Feb 02
Blackboxstocks Announces Board Changes On January 26, 2023 Andrew Malloy informed the Blackboxstocks Inc. of his resignation as a director with immediate effect. Mr. Malloy’s resignation was not due to any disagreement with the Company regarding its operations, policies or procedures. On January 31, the Company’s board of directors accepted the resignation of Mr. Malloy and appointed Keller Reid as a director to fill the vacancy. Mr. Reid has been Director of Trading and Technology for Akerman Capital Management, a family office based in Dallas Texas for over eight years. Ray Balestri, a current director, will succeed Mr. Malloy as chairman of the audit committee. In connection with his appointment, the Board has affirmatively determined that Mr. Reid shall be deemed an independent director pursuant to Nasdaq's governance listing standards. Mr. Reid’s compensation for service as non-employee director will be consistent with that of the Company’s other non-employee directors, subject to proration to reflect the commencement date of his service on the Board. Breakeven Date Change • Dec 10
No longer forecast to breakeven The 2 analysts covering Blackboxstocks no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$147.5k in 2023. New consensus forecast suggests the company will make a loss of US$252.5k in 2023. Reported Earnings • Nov 16
Third quarter 2022 earnings released: US$0.099 loss per share (vs US$0.052 loss in 3Q 2021) Third quarter 2022 results: US$0.099 loss per share (further deteriorated from US$0.052 loss in 3Q 2021). Revenue: US$1.22m (down 17% from 3Q 2021). Net loss: US$1.31m (loss widened 159% from 3Q 2021). Revenue is forecast to grow 61% p.a. on average during the next 2 years, compared to a 7.8% growth forecast for the Software industry in Germany. Board Change • Nov 16
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Co-Founder, Chairman, President & CEO Gust Kepler is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Nov 09
Blackboxstocks Inc. to Report Q3, 2022 Results on Nov 15, 2022 Blackboxstocks Inc. announced that they will report Q3, 2022 results at 9:30 AM, US Eastern Standard Time on Nov 15, 2022 Tillkännagivande • Oct 28
Blackboxstocks Inc. Receives a Written Notification from the Nasdaq Listing Qualifications On October 25, 2022, Blackboxstocks Inc. received a written notification from the Nasdaq Listing Qualifications that it is not in compliance with the minimum bid price requirements set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. Based on the closing bid price of the Company’s common stock for the 30 consecutive business days prior to the date of the Notification Letter, the Company no longer meets the minimum bid price requirement. The Notification Letter has no immediate effect on the listing or trading of the Company’s common stock on the Nasdaq Capital Market and, at this time, the common stock will continue to trade on the Nasdaq Capital Market under the symbol “BLBX”. The Notification Letter provides that the Company has 180 calendar days, or until April 24, 2023, to regain compliance with Nasdaq Listing Rule 5550(a)(2). To regain compliance, the closing bid price of the Company’s common stock must be at least $1.00 per share for a minimum of 10 consecutive business days. In the event the Company does not regain compliance by April 24, 2023, the Company may then be eligible for additional 180 days if it meets the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the bid price requirement, and will need to provide written notice of its intention to cure the deficiency during the second compliance period. If the Company does not qualify for the second compliance period or fails to regain compliance during the second compliance period, then Nasdaq will notify the Company of its determination to delist the Company’s common stock, at which point the Company will have an opportunity to appeal the delisting determination to a Hearings Panel. The Company intends to monitor the closing bid price of its common stock and may, if appropriate, consider implementing available options, including, but not limited to, implementing a reverse stock split of its outstanding securities, to regain compliance with the minimum bid price requirement under the Nasdaq Listing Rules. Tillkännagivande • Oct 15
Blackboxstocks Inc. Expects Revenue Guidance for the Third Quarter Ended September 30, 2022 Blackboxstocks Inc. announced that it expects revenue for the third quarter ended September 30, 2022, will be between $1.15 million to $1.25 million, lower than the comparable period of last year. Reported Earnings • Aug 16
Second quarter 2022 earnings released: US$0.10 loss per share (vs US$0.028 loss in 2Q 2021) Second quarter 2022 results: US$0.10 loss per share (down from US$0.028 loss in 2Q 2021). Revenue: US$1.40m (down 4.4% from 2Q 2021). Net loss: US$1.32m (loss widened 441% from 2Q 2021). Over the next year, revenue is forecast to grow 128%, compared to a 7.8% growth forecast for the Software industry in Germany. Tillkännagivande • Jul 30
Blackboxstocks Inc., Annual General Meeting, Oct 07, 2022 Blackboxstocks Inc., Annual General Meeting, Oct 07, 2022. Recent Insider Transactions • Jun 18
Non-Employee Independent Director recently bought €83k worth of stock On the 16th of June, Ray Balestri bought around 71k shares on-market at roughly €1.16 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €94k more in shares than they have sold in the last 12 months. Reported Earnings • May 18
First quarter 2022 earnings released: US$0.094 loss per share (vs US$0.001 profit in 1Q 2021) First quarter 2022 results: US$0.094 loss per share (down from US$0.001 profit in 1Q 2021). Revenue: US$1.27m (down 15% from 1Q 2021). Net loss: US$1.24m (down US$1.25m from profit in 1Q 2021). Over the next year, revenue is forecast to grow 146%, compared to a 13% growth forecast for the industry in Germany. Tillkännagivande • May 12
Blackboxstocks Inc. to Report Q1, 2022 Results on May 16, 2022 Blackboxstocks Inc. announced that they will report Q1, 2022 results After-Market on May 16, 2022 Breakeven Date Change • Apr 27
Forecast breakeven date pushed back to 2023 The 2 analysts covering Blackboxstocks previously expected the company to break even in 2022. New consensus forecast suggests losses will reduce by 65% to 2022. The company is expected to make a profit of US$10.9m in 2023. Average annual earnings growth of 141% is required to achieve expected profit on schedule. Board Change • Apr 27
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Co-Founder, President, CEO & Director Gust Kepler is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 08
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Co-Founder, President, CEO & Director Gust Kepler is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.