Blackboxstocks Inc. (NASDAQ: BLBX) announced that the NASDAQ Stock Market has approved its merger with REalloys Inc., with the transaction expected to close on February 24, 2026, after market hours. The regulatory clearance represents a significant milestone in the combination of the two companies, which will operate under the new ticker symbol NASDAQ: ALOY following the completion of the deal.
Upon closing, the merged entity will function as a vertically integrated heavy rare earth platform serving North American markets with a strategic focus on defense and national security applications. The combined company's operational model and geographic positioning are designed to address supply chain resilience concerns within the critical materials sector, particularly for government and defense-related end-markets.
The approval from NASDAQ indicates that the combined company meets all listing standards and regulatory requirements necessary to trade on the exchange under its new ticker designation. Shareholders and stakeholders have been notified of the anticipated close-of-business completion date, marking the official formation of the integrated rare earth materials enterprise.