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Blackboxstocks ( (BLBX) ) just unveiled an announcement.
On January 13, 2025, Blackboxstocks Inc. and Evtec Aluminium Limited mutually agreed to terminate their Share Exchange Agreement, initially signed on December 12, 2023. The deal, meant to make Evtec a subsidiary of Blackboxstocks, faced delays that led to increased costs, prompting the termination. Blackboxstocks plans to withdraw its registration statement related to the exchange. Despite the setback, Blackboxstocks remains committed to pursuing other strategic mergers to enhance shareholder value.
More about Blackboxstocks
Blackboxstocks, Inc. is a financial technology and social media hybrid platform that offers real-time proprietary analytics and news for stock and options traders. Utilizing predictive technology enhanced by artificial intelligence, it scans major stock exchanges to identify market volatility and unusual activity. The platform also features an interactive social media component for users to share information, and recently introduced a live broadcasting feature. Blackboxstocks operates as a SaaS company with a global user base, offering subscription services.
YTD Price Performance: -17.80%
Average Trading Volume: 70,115
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $6.86M
For an in-depth examination of BLBX stock, go to TipRanks’ Stock Analysis page.
