Blackboxstocks Merger Target REalloys Strikes Agreement For Bob Foresman To Join As Board Member Upon Merger Close

Blackboxstocks Inc. (NASDAQ: BLBX) ("Blackboxstocks" or the "Company") today announced that its merger target, REalloys Inc. ("REalloys"), has entered into a designate director agreement with Bob Foresman. Mr. Foresman will formally join the REalloys Board of Directors upon the closing of the merger between Blackboxstocks and REalloys.

Blackboxstocks' registration statement on Form S-4 has been declared effective by the U.S. Securities and Exchange Commission, and the companies expect to complete the merger in the near term, subject to customary closing conditions, including NASDAQ listing approval. Upon completion, REalloys will operate as a publicly traded company advancing a vertically integrated North American heavy rare earth and defense focused feedstock-to-magnet supply chain.