Blackboxstocks Inc. (NASDAQ: BLBX) announced Tuesday that the Nasdaq Capital Market has approved the company’s listing application in connection with its merger with REalloys Inc. The merger is expected to close today, February 24, 2026, after market close, subject to customary conditions. Following the closing, the combined company will begin trading on the Nasdaq Capital Market under the ticker symbol ALOY effective Wednesday, February 25, 2026.
REalloys will operate as a publicly traded, vertically integrated North American heavy rare earth platform focused on national security and defense-oriented supply chain resilience. The company 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 considers among the most advanced commercial-scale heavy rare earth separation and metallization assets outside of China.
REalloys highlights a compliance advantage, positioning itself as the only North American heavy rare earth platform with a zero-China nexus supply chain aligned with 2027 U.S. defense procurement restrictions. The platform is purpose-built to support the Defense Industrial Base and currently services the Defense Logistics Agency. Its advanced execution profile builds 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 executing a phased scale strategy across oxide separation, metallization, and downstream magnet initiatives, including collaboration with JOGMEC, an organization leading in magnet technology outside of China, to support high-performance magnet manufacturing for strategic and protected markets.
REalloys enters the public markets at a time when 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 the 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.
Downstream, REalloys operates a facility in Euclid, Ohio, where it produces advanced alloys and magnet components for defense, clean-energy, and high-performance industrial applications. The Ohio facility serves federal logistics and procurement agencies supporting the Department of Defense, Department of Energy, and NASA, as well as the broader Defense Industrial Base. More information about REalloys can be found at www.realloys.com.
Blackboxstocks Inc. is a financial technology and social media hybrid platform offering real-time proprietary analytics and news for stock and options traders. The company’s web-based software employs predictive technology enhanced by artificial intelligence to identify volatility and unusual market activity. Blackboxstocks continuously scans major exchanges, analyzing over 10,000 stocks and up to 1,500,000 options contracts multiple times per second. Further details are available at https://blackboxstocks.com/.
