Business Context and Reporting Period
This Form 8-K filing by Blackboxstocks Inc. (not Realloys Inc.) reports on the results of the 2023 Annual Meeting of Stockholders held on December 29, 2023. The company is incorporated in Nevada and trades on The Nasdaq Stock Market LLC under the symbol BLBX.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance matters and voting results.
Material Changes and Voting Results
Two primary matters were submitted to a vote and approved by the requisite number of stockholders:
- Election of Directors: Five nominees were elected to serve until the next annual meeting or until their successors are qualified.
- Ratification of Auditors: Stockholders ratified the appointment of Turner, Stone & Company, L.L.P. as the independent registered public accounting firm for the fiscal year ending December 31, 2023.
| Nominee / Proposal | For | Against | Withheld/Abstentions |
|---|---|---|---|
| Gust Kepler | 327,459,456 | 0 | 5,134 |
| Robert Winspear | 327,444,115 | 0 | 20,475 |
| Keller Reid | 327,459,077 | 0 | 5,313 |
| Ray Balestri | 327,380,061 | 37,000 | 47,529 |
| Dalya Sulaiman | 327,438,279 | 0 | 26,311 |
| Ratification of Auditors | 327,537,589 | 1,487 | 2,764 |
Guidance, Outlook, and Risks
The filing text does not provide a clear value for financial guidance, future outlook, management commentary on operations, specific risks, contingencies, or unusual items. The document serves solely to disclose the outcome of the shareholder vote.
Important Facts for Investors to Verify
- Company Identity: Verify that the filing pertains to Blackboxstocks Inc. (BLBX), as the request metadata incorrectly referenced "Realloys Inc."
- Board Composition: Confirm the new board tenure and the specific roles of the five elected directors.
- Auditor Continuity: Note the ratification of Turner, Stone & Company, L.L.P. for the 2023 fiscal year.
- Voting Discrepancy: Observe that nominee Ray Balestri received 37,000 "Against" votes, while all other nominees received zero "Against" votes.