Blackboxstocks Inc. Signs Definitive Merger Agreement to Acquire Rare Earth Producer REalloys Inc.
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Blackboxstocks Inc. (NASDAQ: BLBX) has signed a definitive merger agreement to acquire REalloys Inc., a rare earth producer. Post-merger, Blackbox stockholders will retain approximately 7.3% of the combined company's shares. REalloys aims to become a leader in rare earth magnet production, crucial for U.S. defense and technology.
March 10, 2025 | 12:45 pm
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Blackboxstocks Inc. is acquiring REalloys Inc., a move that could position the combined entity as a leader in rare earth magnet production, crucial for U.S. defense. Blackbox stockholders will retain 7.3% of the new company.
The merger with REalloys positions Blackboxstocks in a strategic industry, potentially increasing its market value. The retention of 7.3% shares by current stockholders suggests a significant restructuring, likely to impact stock prices positively.
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