Blackboxstocks Inc. Terminates Material Agreement

TL;DR

Blackboxstocks terminated a key deal on Jan 13th. Details in 8-K.

AI Summary

Blackboxstocks Inc. filed an 8-K on January 17, 2025, reporting the termination of a material definitive agreement as of January 13, 2025. The filing also includes Regulation FD disclosures and financial statements/exhibits. The company, incorporated in Nevada, is based in Dallas, Texas.

Why It Matters

The termination of a material definitive agreement could impact the company's ongoing operations, partnerships, or financial standing.

Risk Assessment

Risk Level: medium — Termination of a material definitive agreement can indicate underlying business issues or a change in strategic direction, warranting closer scrutiny.

Key Numbers

• 001-41051 — SEC File Number (Identifies the company's filing history with the SEC.)
• 45-3598066 — IRS Employer Identification No. (Company's tax identification number.)

Key Players & Entities

• BLACKBOXSTOCKS INC. (company) — Registrant
• January 13, 2025 (date) — Date of earliest event reported
• January 17, 2025 (date) — Date of report
• Nevada (jurisdiction) — State of incorporation
• Dallas, Texas (location) — Principal executive offices

FAQ

Key Financial Figures

• $0.001 — h registered Common Stock , par value $0.001 per share BLBX The NASDAQ Capital Ma

Filing Documents

• blkbx20250115_8k.htm (8-K) — 28KB
• ex_766176.htm (EX-10.1) — 12KB
• ex_767228.htm (EX-99.1) — 13KB
• logo.jpg (GRAPHIC) — 5KB
• 0001437749-25-001369.txt ( ) — 205KB
• blbx-20250113.xsd (EX-101.SCH) — 3KB
• blbx-20250113_def.xml (EX-101.DEF) — 12KB
• blbx-20250113_lab.xml (EX-101.LAB) — 16KB
• blbx-20250113_pre.xml (EX-101.PRE) — 12KB
• blkbx20250115_8k_htm.xml (XML) — 3KB

02 Termination of a Material Definitive Agreement

Item 1.02 Termination of a Material Definitive Agreement Share Exchange Agreement with Evtec Aluminium Limited As first reported in the Current Report on Form 8-K filed with the Securities and Exchange Commission (the "Commission") on December 18, 2023, Blackboxstocks Inc., a Nevada corporation (the "Company"), and Evtec Aluminium Limited, a company registered in England and Wales ("Evtec"), and the shareholders of Evtec entered into that certain Share Exchange Agreement executed on December 12, 2023 (the "Original Share Exchange Agreement"), as amended by that certain First Amendment to Share Exchange Agreement dated July 3, 2024 (the "Share Exchange Agreement Amendment", and together with the Original Share Exchange Agreement, the "Share Exchange Agreement"), the closing of which would have resulted in Evtec becoming a wholly owned subsidiary of the Company. On January 13, 2025, pursuant to Section 8.1 of the Share Exchange Agreement, the Company and Evtec entered into a termination agreement (the "Termination Agreement") pursuant to which the parties mutually agreed to terminate the Share Exchange Agreement. As a result of the Termination Agreement, the Share Exchange Agreement will be of no further force an effect (other than certain customary limited provisions that survive termination pursuant to the terms of the Share Exchange Agreement) and any ancillary agreements entered into in connection with the Share Exchange Agreement will also automatically terminate in accordance with their respective terms. Accordingly, the Company intends to submit an Application for Withdrawal of Registration Statement to the Commission to withdraw its Registration Statement on Form S-4 (File No. 333-279351), together with all exhibits thereto, originally filed with the Commission on May 13, 2024, as amended by the Company's Registration Statement on Form S-4/A, together with all exhibits thereto, filed with the Commission on July 16, 2024 (the "Registration Statement"). T

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure On January 17, 2025, the Company issued a press release announcing the termination of the Share Exchange Agreement. A copy of the press release is attached as Exhibit 99.1 hereto and is incorporated herein by reference. The information in this Item 7.01, including Exhibit 99.1 hereto, is furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to liabilities under that section, and shall not be deemed to be incorporated by reference to the filings of the Company under the Securities Act of 1933, as amended (the "Securities Act") or the Exchange Act, regardless of any general incorporation language in such filings. This Current Report on Form 8-K will not be deemed an admission as to the materiality of any information in this Item 7.01, including Exhibit 99.1.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (d) The following exhibits are filed with this Current Report on Form 8-K. Exhibit Description 10.1 Termination Agreement dated as of January 13, 2025, by and among Blackboxstocks Inc. and Evtec Aluminium Limited 99.1 Press release dated January 17, 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: January 17, 2025 Blackboxstocks Inc. By: /s/ Gust Kepler Gust Kepler President and Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR