Blackboxstocks Merger with REalloys Approved by Nasdaq

Blackboxstocks announced that Nasdaq approved the company's listing application in connection with its merger transaction with REalloys. The merger and related transactions are expected to close Tuesday, February 24, after the close of the market, subject to customary closing conditions. Following the closing of the merger and related transactions, REalloys will operate as a publicly traded, vertically integrated North American heavy rare earth platform built for national security and defense-oriented supply chain resilience. REalloys' strategic objective is to become the largest producer of heavy rare earth oxides and metals outside of China by 1H 2027, supported by what REalloys believes are among the most advanced commercial-scale heavy rare earth separation and metallization assets outside of China.