BLACKBOXSTOCKS 8-K: Shareholder Vote Update Filed

TL;DR

**BLBX filed an 8-K about a shareholder vote, signaling potential big changes.**

AI Summary

BLACKBOXSTOCKS INC. filed an 8-K on January 2, 2024, reporting an event that occurred on December 29, 2023, related to the submission of matters to a vote of security holders. This filing indicates that the company, trading under the symbol BLBX on The Nasdaq Stock Market LLC, is providing an update on a shareholder vote. For investors, this matters because shareholder votes often involve significant corporate actions like mergers, stock issuances, or changes to company bylaws, which can directly impact the value and future direction of their investment.

Why It Matters

This filing signals that BLACKBOXSTOCKS INC. has put a significant matter to a shareholder vote, which could lead to changes affecting the company's operations, capital structure, or governance.

Risk Assessment

Risk Level: medium — The filing itself is administrative, but the underlying shareholder vote could involve high-risk or high-reward proposals, making the overall situation medium risk until details of the vote are known.

Analyst Insight

A smart investor would await further filings from BLACKBOXSTOCKS INC. (BLBX) that detail the specific matters submitted to the shareholder vote, as these details will determine the actual impact on the company and its stock.

Key Numbers

• $0.001 — par value per share (par value of BLACKBOXSTOCKS INC. Common Stock)

Key Players & Entities

• BLACKBOXSTOCKS INC. (company) — the registrant filing the 8-K
• December 29, 2023 (date) — date of the earliest event reported
• January 2, 2024 (date) — date the 8-K was filed
• BLBX (company) — trading symbol for BLACKBOXSTOCKS INC.
• The Nasdaq Stock Market LLC (company) — exchange where BLBX common stock is registered
• $0.001 (dollar_amount) — par value per share of common stock

Forward-Looking Statements

• BLACKBOXSTOCKS INC. will file another 8-K or proxy statement detailing the specific matters submitted to the shareholder vote. (BLACKBOXSTOCKS INC.) — high confidence, target: Q1 2024

FAQ

Key Financial Figures

• $0.001 — ch registered Common Stock , par value $0.001 per share BLBX The Nasdaq Stock Mar

Filing Documents

• blkbx20240102_8k.htm (8-K) — 32KB
• 0001437749-24-000183.txt ( ) — 164KB
• blbx-20231229.xsd (EX-101.SCH) — 3KB
• blbx-20231229_def.xml (EX-101.DEF) — 12KB
• blbx-20231229_lab.xml (EX-101.LAB) — 15KB
• blbx-20231229_pre.xml (EX-101.PRE) — 12KB
• blkbx20240102_8k_htm.xml (XML) — 3KB

07.           Submission of Matters to a Vote of Security Holders

Item 5.07.           Submission of Matters to a Vote of Security Holders.   On December 29, 2023 Blackboxstocks Inc. (the "Company") held its 2023 Annual Meeting of Stockholders (the "2023 Annual Meeting"). The following matters were submitted to a vote of the Company's stockholders at the 2023 Annual Meeting: (i) the election of five directors to serve until the Company's 2023 Annual Meeting of Stockholders or until their successors are duly elected and qualified; and (ii) the ratification of the appointment of Turner, Stone & Company, L.L.P. as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023. The proposals are described in detail in the Company's definitive proxy statement for the 2023 Annual Meeting, filed with the Securities and Exchange Commission on November 13, 2023 (the "Definitive Proxy Statement"). Each of the matters submitted to a vote of the Company's stockholders at the 2023 Annual Meeting was approved by the requisite vote of the Company's stockholders. Set forth below is the number of votes cast for, against, or withheld, as well as the number of abstentions as to each such matter, including a separate tabulation with respect to each nominee for director, as applicable.   Nominee For Against Withheld/ Abstentions   Gust Kepler 327,459,456 0 5,134   Robert Winspear 327,444,115 0 20,475   Keller Reid 327,459,077 0 5,313   Ray Balestri 327,380,061 37,000 47,529   Dalya Sulaiman 327,438,279 0 26,311     Proposal For Against Withheld/ Abstentions   Ratification of the selection by the Audit Committee of the Board of Turner, Stone & Company, L.L.P. as the independent registered public accounting firm of the Company for its fiscal year ending December 31, 2023 327,537,589 1,487 2,764     No other matters were submitted for stoc

SIGNATURES

SIGNATURES   Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.   Date: January 2, 2024     BLACKBOXSTOCKS INC.                     By: /s/ Gust Kepler       Gust Kepler, President and Chief Executive Officer      

View Full Filing

View this 8-K filing on SEC EDGAR