Blackboxstocks schedules 2025 annual meeting for February 2, sets record date

Published 01/12/2025, 22:40
Blackboxstocks schedules 2025 annual meeting for February 2, sets record date

Blackboxstocks Inc. (NASDAQ:BLBX) announced Monday that its Board of Directors has set February 2, 2026, as the date for the company’s 2025 Annual Meeting of Stockholders. The close of business on December 10, 2025, has been established as the record date for determining shareholders entitled to receive notice of, and vote at, the meeting.

The company stated that details regarding the time and location of the annual meeting will be included in its proxy statement, which will be filed with the Securities and Exchange Commission before the meeting. With a market capitalization of $28.91 million and operating with a moderate level of debt, InvestingPro analysis suggests the stock is currently trading above its Fair Value, despite the company’s overall weak financial health score.

According to the press release, shareholders wishing to submit proposals for inclusion in the company’s proxy materials for the 2025 Annual Meeting were required to deliver those proposals to Blackboxstocks’ principal executive offices by the close of business on October 10, 2025. The company noted that proposals must also comply with all applicable SEC rules and regulations.

Blackboxstocks also referenced its Amended and Restated Bylaws for additional information regarding the submission of nominations and shareholder proposals. The bylaws were previously filed as Exhibit 3.1 to the company’s Current Report on Form 8-K with the SEC on April 19, 2022.

This information is based on a statement provided in a recent SEC filing.

In other recent news, REalloys Inc., the merger target of Blackboxstocks Inc., has secured a $200 million Letter of Interest from the Export-Import Bank of the United States (EXIM Bank) to support its rare earth supply chain initiative. This financing is part of EXIM’s China and Transformational Exports Program, with a provisional repayment term of up to 15 years, valid through October 14, 2026. Additionally, REalloys has signed a Memorandum of Understanding with Japan’s Organization for Metals and Energy Security (JOGMEC), marking the first collaboration of its kind between JOGMEC and a U.S.-based rare earth company. In another strategic move, REalloys has entered into an agreement with St George Mining Limited to access up to 40% of the rare earth production from the Araxá Project in Brazil. Meanwhile, Blackboxstocks Inc. has announced a leadership change, appointing Teresa Wills as Chief Operating Officer following the resignation of Eric Pharis. Mr. Pharis will remain with the company in a consulting role to assist with the transition. These developments reflect significant strategic initiatives and leadership changes for Blackboxstocks and its merger target, REalloys.

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