Blackboxstocks, Inc. and Evtec Aluminium Limited Mutually Agree to Terminate Share Exchange Agreement

DALLAS, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Blackboxstocks Inc. (NASDAQ: BLBX), (“Blackbox” or the “Company”), a financial technology and social media hybrid platform offering real-time proprietary analytics for stock and options traders, announced today that on January 13, 2025 the Company and Evtec Aluminium Limited (“Evtec”) mutually agreed to terminate the Share Exchange Agreement executed on December 12, 2023 and amended on July 1, 2024 which would have resulted in Evtec becoming a wholly owned subsidiary of the Company. The Company will also withdraw its registration statement on form S-4 filed with the Securities and Exchange Commission in connection with the proposed share exchange.

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