Blackboxstocks Files 8-K on Shareholder Nominations

Ticker: ALOY · Form: 8-K · Filed: Oct 9, 2024 · CIK: 1567900

Sentiment: neutral

Topics: governance, shareholder-activism, filing

TL;DR

Blackboxstocks filed an 8-K about shareholder nominations - potential board shakeup incoming.

AI Summary

Blackboxstocks Inc. filed an 8-K on October 9, 2024, reporting shareholder nominations pursuant to Exchange Act Rule 14a-11. The earliest event reported was on October 7, 2024. The company, incorporated in Nevada, is headquartered in Dallas, Texas.

Why It Matters

This filing indicates potential changes or activism from shareholders regarding the company's board or governance, which could impact future strategic decisions.

Risk Assessment

Risk Level: medium — Shareholder nominations can signal dissatisfaction or a push for change, introducing uncertainty about the company's future direction and leadership.

Key Numbers

Key Players & Entities

FAQ

What specific shareholder nominations were made?

The filing does not specify the names of the shareholders making nominations or the individuals nominated. It only states that shareholder nominations were made pursuant to Exchange Act Rule 14a-11.

What is the significance of Exchange Act Rule 14a-11?

Exchange Act Rule 14a-11 pertains to the disclosure of information regarding the nomination of directors by security holders.

When was the earliest event reported in this 8-K?

The earliest event reported in this 8-K was on October 7, 2024.

Where is Blackboxstocks Inc. headquartered?

Blackboxstocks Inc. is headquartered at 5430 LBJ Freeway, Suite 1485, Dallas, Texas 75240.

What is the company's state of incorporation?

Blackboxstocks Inc. is incorporated in Nevada.

Filing Stats: 646 words · 3 min read · ~2 pages · Grade level 14 · Accepted 2024-10-09 17:03:18

Key Financial Figures

Filing Documents

08 Stockholder Director Nominations

Item 5.08 Stockholder Director Nominations. The Board of Directors of Blackboxstocks Inc. (the "Company") has fixed December 27, 2024, as the date for the 2024 Annual Meeting of the Stockholders (the "2024 Annual Meeting"), and the close of business on October 28, 2024, as the record date for determining stockholders entitled to receive notice of, and vote at, the 2024 Annual Meeting. Time and location information for the 2024 Annual Meeting will be set forth in the Company's proxy statement for the 2024 Annual Meeting, which will be filed prior to the 2024 Annual Meeting with the Securities and Exchange Commission ("SEC"). Deadlines for submission of nominations and stockholder proposals are set out below. Please refer to the Company's Amended and Restated Bylaws (the "Bylaws") for additional information. The Bylaws were filed as Exhibit 3.1 to the Company's Current Report on Form 8-K filed with the SEC on April 19, 2022. In accordance with the rules of the Securities and Exchange Commission (the "SEC") and the Company's Bylaws, any stockholder proposal intended to be considered for inclusion in the Company's proxy materials for the 2024 Annual Meeting must have been delivered to, or mailed to and received at, the Company's principal executive offices located at 5430 LBJ Freeway, Suite 1485, Dallas, Texas 75240, Attention: Secretary, on or before the close of business on September 30,2024, which represents the date that is 90 days prior to December 29, 2024, the one-year anniversary of the 2023 Annual Meeting of the Stockholders. In addition to complying with this deadline, stockholder proposals intended to be considered for inclusion in the Company's proxy materials for the 2024 Annual Meeting must also comply with all applicable rules and regulations promulgated by the SEC under the Securities Exchange Act of 1934, as amended. 1

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. Dated: October 9, 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

View on Read The Filing