New contract adds to Evtec's existing order book of $780 million
Parts supplied by Evtec to be used in new Jaguar Electric Vehicles to be introduced in 2025
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DALLAS, July 02, 2024 (GLOBE NEWSWIRE) -- Blackboxstocks Inc. (NASDAQ:BLBX), ("Blackbox" or the "Company"), a financial technology and social media hybrid platform offering real-time proprietary analytics for stock and options traders of all levels, announced that it has closed a private placement of its common stock for aggregate proceeds in the amount of $1.25 million priced at $4.00 per share. Blackbox will invest $1.15 million into Evtec Aluminium and retain $100,000 for working capital for Blackbox.io, Inc., the Company's wholly owned operating subsidiary.Blackbox is working with Evtec Aluminium to provide custom analytics and enterprise software solutions for their manufacturing ope
DALLAS, May 16, 2024 (GLOBE NEWSWIRE) -- Blackboxstocks Inc. (NASDAQ:BLBX), ("Blackbox" or the "Company"), a financial technology and social media hybrid platform offering real-time proprietary analytics for stock and options traders of all levels, announced that it filed its Form S-4 on May 13, 2024, for its acquisition of Evtec Aluminium Ltd. and today reported its financial results for the first quarter ended March 31, 2024. The filing of the S-4 was a significant milestone in the Company's planned acquisition of Evtec Aluminium Ltd. Pending SEC and Nasdaq approval, the Company expects to consummate the merger as soon as possible. First Quarter Financial and Operating Highlights:
DALLAS, April 02, 2024 (GLOBE NEWSWIRE) -- Blackboxstocks Inc. (NASDAQ:BLBX), ("Blackbox" or the "Company"), a financial technology and social media hybrid platform offering real-time proprietary analytics for stock and options traders of all levels, today released financial results for the first half of FY2024 ended December 31, 2023, for its acquisition target company, Evtec Aluminum. Revenue for the twelve months of FY 2023 reached $30.9 million compared to $14.4 million for FY2022 ended June 30, 2022, an increase of 115%. Revenue for the first half of fiscal 2024 was $21.3 million, an increase of 53% compared to $13.9 million for the first half of fiscal 2023, ended December 31, 2022.
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DALLAS, April 01, 2024 (GLOBE NEWSWIRE) -- Blackboxstocks Inc. (NASDAQ:BLBX), ("Blackbox" or the "Company"), a financial technology and social media hybrid platform offering real-time proprietary analytics for stock and options traders of all levels, today announced the Company's financial results for the fourth quarter and year ended December 31, 2023. Fourth Quarter and Annual Financial and Operating Highlights: Total revenue for the fourth quarter of 2023 was $781,156 as compared to $1,068,158 for the same period in 2022. Revenue for the year ended December 31, 2023 was $3,106,026 as compared to $4,959,109 for the prior year period.Fourth quarter 2023 revenue increased 7.2% compared t
Blackbox Stockholders expected to retain 8.34% of the common shares of the combined company's common stock post-merger Blackboxstocks Inc. (NASDAQ:BLBX), ("Blackbox" or the "Company"), a financial technology and social media hybrid platform offering real-time proprietary analytics for stock and options traders of all levels, announced today that it has entered into a letter of intent to merge with Evtec Group Limited, Evtec Aluminium Limited and Evtec Automotive Limited (collectively "Evtec"). Evtec is a supplier of proprietary parts for leading Luxury, Performance, and Electric Vehicle "EV" brands including Jaguar Land Rover, Aston Martin, and Ford, among many others. Evtec targets an
Conference Call Tuesday, November 15, 2022 at 10:30am EST / 9:30am CST Blackboxstocks Inc. (NASDAQ:BLBX), ("Blackbox" or the "Company"), a financial technology and social media hybrid platform offering real-time proprietary analytics for stock and options traders of all levels, today announced the Company's financial results for the third quarter and nine months of 2022, ended September 30, 2022. Third Quarter 2022 Financial and Operating Highlights: Total revenue for the third quarter was $1,219,150 as compared to $1,471,814 for the same period in 2021. Nine month revenue was $3,890,951 compared to $4,425,088 for the same period in 2021. The average member count for the quarter and n
DALLAS, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Blackboxstocks Inc. (NASDAQ:BLBX) ("Blackbox" or the "Company"), a financial technology and social media hybrid platform offering real-time proprietary analytics for stock and options traders, announced today that its planned acquisition target, Evtec Aluminium Limited ("Evtec"), has appointed three new Board Members. Julia Steinbrenner, Co-President of the New York Yankees Foundation and Co-Owner of Steinbrenner Racing; Steve Norris, former UK Minister for Transport and an automotive industry veteran; and Steve Illot, former Chief Investment Officer for BMO Asset Management in North America, will be joining the Evtec Board of Directors effective
Reid has Extensive Experience in Strategy and Technology of Trading Systems Blackboxstocks Inc. (NASDAQ:BLBX), ("Blackbox" or the "Company"), a financial technology and social media hybrid platform offering real-time proprietary analytics for stock and options traders of all levels, announced today that it has appointed Mr. Keller Reid to its board of directors, effective immediately. Mr. Reid replaces Andrew Malloy, who resigned. Mr. Reid has extensive experience in the strategy and technology of trading systems. He has been at Ackerman Capital Management, a Dallas-based family office, for fourteen years and is currently responsible for trading and execution and oversees the technologica
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Blackboxstocks Inc. (NASDAQ:BLBX), ("Blackbox" or the "Company"), a financial technology and social media hybrid platform offering real-time proprietary analytics for stock and options traders of all levels, announced that it has closed a private placement of its common stock for aggregate proceeds in the amount of $1.25 million priced at $4.00 per share.Blackbox will invest $1.15 million into Evtec Aluminium and retain $100,000 for working capital for Blackbox.io, Inc., the Company's wholly owned operating subsidiary.Blackbox is working with Evtec Aluminium to provide custom analytics and enterprise software solutions for their manufacturing operations.Evtec Aluminium will use the proceeds