Blackboxstocks (BLBX) released a stockholder update from CEO Gust Kepler: “While Blackbox remains a fully operational fintech enterprise, we have taken the initiative to pursue this acquisition which we believe will greatly enhance value for our stockholders, while allowing us to continue operating the legacy Blackbox fintech operations within our wholly owned subsidiary, Blackbox.io Inc… On July 2, 2025, we filed an amended registration statement on Form S-4 with the SEC for our merger with REalloys which was initially filed on April 14, 2025. We have also submitted a listing application to NASDAQ for the combined entity. We currently expect the transaction to close in late August of this year… Here is a basic breakdown of the transaction and why I believe it will be a great benefit to our stockholders: Upon closing of the Merger, we anticipate Blackbox legacy stockholders will own approximately 7.3% of the combined company’s shares of common stock. Blackbox’s legacy stockholders of record at closing will receive Contingent Value Rights entitling them to certain net proceeds from any future sale of all or a portion of the Blackbox fintech operations within 24 months following the closing of the merger… In summation, we believe this transaction will significantly enhance stockholder value by giving our stockholders access to the lucrative and rapidly expanding domestic rare earth and magnet materials sector”
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