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REALLOYS INC.

NYSE:ALOY
US$7.93Close 7 Oct 2026 · delayed

Past year: ▼ 17%(6.98 – 18.46 USD)

Market cap
A$772m
Shares on issue
68.8m
Story beats
20 since 2015
Last event
26 June 2026

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

20 Feb 2026director interest notice● Neutral

REALLOYS INC. director Dalya Sulaiman acquired 2,868 shares at $10.46 under a company stock plan.

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3 Feb 2026agm notice● Neutral

REALLOYS INC. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).

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26 Jan 2026director interest notice● Neutral

REALLOYS INC. director Grant Evans exercised stock options for 3,455 shares and disposed of 5,000 shares.

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16 Jan 2026securities registration● Neutral

REALLOYS INC. filed the final prospectus for a registered offering.

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15 Jan 2026business combination● Neutral

Amendment No. 9 postponed the Blackboxstocks meeting a second time, from 23 to 30 January 2026, and pushed the written-consent deadline with it. A sentence-level comparison against the previous version turns up nothing else: every change is the new date or arithmetic that follows from it, with the exchange ratio still 0.3694.

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8 Jan 2026business combination▲ GoodMajor

Amendment No. 8 put the special meeting back a week to 23 January 2026, but the substantive change was on the ground in Saskatchewan: REalloys' relationship with the Saskatchewan Research Council moved from "in discussions, no assurance of a definitive agreement" to signed commercial framework agreements giving it priority offtake and rights of first refusal over the council's expanded separation capacity, in return for REalloys funding part of that expansion. Scope and budget are still to be agreed and the expanded plant is not due to be commissioned until the second quarter of 2026. The assumed exchange ratio held at 0.3694.

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30 Dec 2025business combination▲ GoodMajor

Amendment No. 7 reversed the direction of the proposed split: the range changed from 1-for-0.8 to 1-for-0.67, which would have increased the share count, to 1-for-2 to 1-for-5, consistent with the stated aim of lifting the price to at least $4.00. It also confirmed the vote is effectively pre-decided -- Kepler has signed a support agreement and holders of at least 50.1% of REalloys' stock have signed theirs -- while the assumed exchange ratio eased again to 0.3694, taking the shares issuable to REalloys holders to about 46.3 million and the Series C preferred to about 5,398.

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18 Dec 2025business combination● NeutralMajor

Amendment No. 6 filled in the blanks and set the timetable: a 19 December 2025 record date, 4,305,133 Blackboxstocks common and 3,269,998 supervoting preferred shares outstanding, roughly 46.0 million new shares and about 5,000 Series C preferred to be issued at an assumed ratio of 0.3856, a special meeting for 16 January 2026 and a new Nasdaq ticker "REA". It also disclosed that REalloys had signed a services agreement with Leonard Sternheim as its chief executive on 12 December, and that a July 2025 amendment had raised the financing threshold triggering payment of David Argyle's consulting fees from $5 million to $20 million.

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16 Dec 2025agm notice● Neutral

REALLOYS INC. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).

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11 Dec 2025business combination● Neutral

Blackboxstocks and REalloys made a third amendment to their merger agreement, rewriting the option agreement that will govern a later swap of legacy Blackbox.io equity.

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11 Dec 2025business combination▲ GoodMajor

Amendment No. 5 is where the real news sits: REalloys disclosed a non-binding letter of interest from the US Export-Import Bank for up to $200 million of project financing on terms of up to 15 years, open until 14 October 2026 and subject to diligence and definitive documents, and named Stephen duMont, lately president of GM Defense and previously at Raytheon and BAE, to the incoming board. It also carries a third merger-agreement amendment dated 10 December 2025 replacing the form of option agreement under which Kepler's supervoting preferred is redeemed into preferred of the spun-out legacy business, and the assumed exchange ratio slipped back from 0.4204 to 0.3940.

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12 Nov 2025substantial holder notice● Neutral

Five Narrow Lane LP reported a REALLOYS INC. shareholding of 1.18% of votes in a periodic institutional filing.

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24 Oct 2025director interest notice● Neutral

REALLOYS INC. director Charles Keller Reid sold 5,000 shares at $9.24.

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23 Oct 2025director interest notice● Neutral

REALLOYS INC. Chief Technology Officer Charles Brandon Smith sold 9,167 shares at $9.08.

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20 Oct 2025director interest notice● Neutral

REALLOYS INC. Chief Financial Officer Robert L Winspear acquired 50,000 shares at $10.69 under a company stock plan.

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16 Oct 2025quarterly activities report▼ Bad

REALLOYS INC. reported a quarterly net loss of $721 thousand for the period ended 2025-09-30.

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2 Oct 2025business combination▼ Bad

Amendment No. 4 pushed the assumed closing date out from 30 June to 15 November 2025, four and a half months of slippage, and moved the assumed exchange ratio up from 0.3916 to 0.4204. The share-incentive-plan proposal was dropped from the Blackboxstocks special-meeting ballot, leaving the Nasdaq share-issuance, reverse-split and authorised-share proposals.

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25 Aug 2025business combination● Neutral

Amendment No. 3 carries a second merger-agreement amendment dated 22 August 2025, entered into to rewrite the definition of "Permitted Transfer" in the contingent value right agreement -- the terms on which Blackboxstocks holders may move the rights they keep over the legacy trading business. It also fixed the consent record date to fall after any reverse split rather than before it. The assumed exchange ratio stayed at 0.3916.

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22 Aug 2025business combination● Neutral

Blackboxstocks and REalloys made a second, technical amendment to their merger agreement, revising the transfer rules for the contingent value rights Blackbox shareholders will receive.

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14 Aug 2025quarterly activities report▼ Bad

REALLOYS INC. reported quarterly revenue of $440 thousand and a net loss of $2.2 million for the period ended 2025-06-30.

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2 July 2025business combination● Neutral

Amendment No. 2 carries a 1 July 2025 first amendment to the merger agreement, which lets Blackboxstocks sell up to 250,000 shares in an at-the-market offering without those shares counting against the merger consideration -- a small funding valve for a company running on bridge debentures. The assumed exchange ratio stayed at 0.3916.

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2 July 2025material agreement● Neutral

Blackboxstocks set up an at-the-market equity sales agreement with Alexander Capital to sell up to $5.8 million of stock, the offering carved out under its amended REalloys merger agreement.

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2 July 2025securities registration● Neutral

REALLOYS INC. filed a prospectus supplement for an offering off its existing shelf.

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1 July 2025business combination● Neutral

Blackboxstocks and REalloys amended their merger agreement to let Blackbox raise cash through a small at-the-market stock sale without diluting the exchange ratio REalloys shareholders would receive.

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25 June 2025director interest notice● Neutral

REALLOYS INC. President and CEO Gust Kepler gifted 1,800 shares.

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3 June 2025business combination● Neutral

Amendment No. 1 put a price on the preferred leg for the first time: REalloys' Series X preferred, stated value $1,000 a share, converts one-for-one into new Blackboxstocks Series C preferred with a stated value of $3,000 a share. It also first published an assumed exchange ratio of 0.3916 Blackboxstocks shares per REalloys share, and narrowed the expected tax treatment to a Section 368(a) reorganisation, dropping the alternative "tax deferred contribution" wording.

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15 May 2025quarterly activities report▼ Bad

REALLOYS INC. reported quarterly revenue of $0 and a net loss of $1.7 million for the period ended 2025-03-31.

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1 May 2025securities registration● Neutral

REALLOYS INC. amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.

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23 Apr 2025securities registration● Neutral

REALLOYS INC. amended a filing by which it filed notice of an exempt private placement.

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15 Apr 2025securities registration● Neutral

REALLOYS INC. registered a securities offering with the SEC using its shelf eligibility.

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