Blackboxstocks ( (BLBX) ) has shared an announcement.
On March 10, 2025, Blackboxstocks Inc. announced a definitive merger agreement to acquire REalloys Inc., a company focused on the development and production of rare earth elements. This merger is expected to position REalloys as a leader in North America’s rare earth magnet production, which is crucial for U.S. national defense and advanced technologies. The merger will result in REalloys’ stockholders owning approximately 92.7% of the combined company, with Blackboxstocks’ stockholders retaining about 7.3%. The transaction is expected to close in the second quarter of 2025, subject to customary conditions, and aims to enhance the supply chain independence of the United States.
More about Blackboxstocks
Blackboxstocks Inc. is a financial technology and social media hybrid platform that provides real-time proprietary analytics and news for stock and options traders. The company offers predictive technology enhanced by artificial intelligence to identify market volatility and unusual activity, and it operates a SaaS model with a global user base.
YTD Price Performance: 46.61%
Average Trading Volume: 4,389,308
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $12.25M
See more insights into BLBX stock on TipRanks’ Stock Analysis page.