Blackboxstocks Declares $1.00 Special CVR Dividend Tied to REalloys Merger
Blackboxstocks Inc. declared a special dividend of one contingent value right per share in connection with its merger with REalloys Solutions Inc. The CVRs represent rights to receive future cash payments tied to certain asset transactions.
Blackboxstocks Inc., a financial technology platform providing trading analytics, declared a special dividend of one contingent value right (CVR) per share to stockholders of record as of February 23, 2026. The dividend was authorized by the board and paid immediately prior to the company's merger with REalloys Solutions Inc. on February 24, 2026. Read more dividend announcements.
The CVRs represent rights to receive cash payments in connection with certain transactions involving assets, rights and properties owned by Blackbox.io Inc., a wholly owned subsidiary organized to conduct the company's historical operations.
The special dividend was issued as part of the merger transaction in which Blackboxstocks merged with REalloys Solutions Inc. At the merger's effective time, Private REalloys stockholders received shares of the combined company's common stock using an exchange ratio of 0.4129, resulting in an aggregate of 50,365,924 shares issued at closing.
Following the merger's completion on February 24, 2026, Blackboxstocks changed its corporate name to REalloys Inc., while the merged entity operates as REalloys Solutions Inc.
| Dividend Details | Information |
|---|---|
| Amount | One CVR per share |
| Type | Special (One-time) |
| Record Date | February 23, 2026 |
| Payment Date | Immediately prior to merger closing on February 24, 2026 |
| Ex-Dividend Date | Not specified |
Additional Merger Considerations
The merger agreement included multiple classes of securities. Holders of Private REalloys Series X Preferred Stock received Series C Convertible Preferred Stock of the combined company on a one-to-one basis, with a stated value of $3,000 per share.
Private REalloys warrant holders received rights worth $38 million in the aggregate, with the number of shares determined by dividing the warrant's cash value by the company's Nasdaq stock price at the effective time. Holders of Simple Agreements for Future Equity worth $3,015,000 in aggregate also received consideration as part of the transaction.