Blackboxstocks Inc. (NASDAQ: BLBX) announced today that the Nasdaq Capital Market has approved the listing application in connection with its merger with REalloys Inc. The merger is expected to close after the market closes on Tuesday, February 24, 2026, subject to customary closing conditions. Following the closing, the combined company will trade on the Nasdaq Capital Market under the ticker symbol "NASDAQ: ALOY" effective Wednesday, February 25, 2026.
The merger positions REalloys as a publicly traded, vertically integrated North American heavy rare earth platform built for national security and defense-oriented supply chain resilience. REalloys aims to become the largest producer of heavy rare earth oxides and metals outside of China by the first half of 2027, leveraging what it believes are among the most advanced commercial-scale heavy rare earth separation and metallization assets outside of China.
REalloys highlights its compliance advantage, noting it is currently positioned to be the only North American heavy rare earth platform with a zero-China nexus supply chain aligned with 2027 U.S. defense procurement restrictions. The company is purpose-built to support the Defense Industrial Base and currently services the Defense Logistics Agency. Its advanced execution profile is built on existing infrastructure with phased expansion plans, comparatively limited incremental capital requirements, and reduced permitting risk relative to greenfield peers.
The company's feedstock strategy is designed to be feedstock-agnostic and diversified, avoiding reliance on a single captive source and mitigating supply concentration risk. REalloys is currently executing a phased scale strategy across oxide separation, metallization, and downstream magnet initiatives, including collaboration efforts with JOGMEC, which it describes as the most leading-edge organization on magnets outside of China, to support high-performance magnet manufacturing for strategic and protected markets.
REalloys enters the public markets at a pivotal moment, as national security, advanced manufacturing, and allied supply chains converge around the need for dependable, China-free heavy rare earth capability. The company's upstream foundation includes its Hoidas Lake rare-earth asset in Saskatchewan and a diversified network of allied feedstock and recycling partners. Together with the Saskatchewan Research Council, REalloys is building a platform to scale North American midstream separation, refining, and metallization capabilities. These refined materials feed directly into REalloys' downstream manufacturing operations in Euclid, Ohio, where the company produces advanced alloys and magnet components for defense, clean-energy, and high-performance industrial applications.
Blackboxstocks Inc. is a financial technology and social media hybrid platform offering real-time proprietary analytics and news for stock and options traders. Its web-based software employs predictive technology enhanced by artificial intelligence to find volatility and unusual market activity. Blackboxstocks continuously scans the NASDAQ, New York Stock Exchange, CBOE, and all other options markets, analyzing over 10,000 stocks and up to 1,500,000 options contracts multiple times per second. The company is a SaaS company with a base of users that spans over 40 countries.
For more information on REalloys, visit www.realloys.com. For more information on Blackboxstocks, visit https://blackboxstocks.com.
