Tuesday, April 18, 2023
Blackboxstocks, Inc. is a financial technology and social media hybrid platform offering real-time proprietary analytics and news for stock and options traders of all levels. Our web-based software employs “predictive technology” enhanced by artificial intelligence to find volatility and unusual market activity that may result in the rapid change in the price of a stock or option. Blackbox continuously scans the NASDAQ, New York Stock Exchange, CBOE, and all other options markets, analyzing over 10,000 stocks and up to 1,500,000 options contracts multiple times per second. We provide our users with a fully interactive social media platform that is integrated into our dashboard, enabling our users to exchange information and ideas quickly and efficiently through a common network. We recently introduced a live audio/video feature that allows our members to broadcast on their own channels to share trade strategies and market insight within the Blackbox community. Blackbox is a SaaS company with a growing base of users that spans 42 countries; current subscription fees are $99.97 per month or $959.00 annually. For more information, go to: www.blackboxstocks.com .
Joe Gomes, Managing Director – Generalist Analyst, Noble Capital Markets, Inc.
Joshua Zoepfel, Research Associate, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Merger. Blackboxstocks announced its intent to merger with Evtec Group. BLBX shareholders are expected to retain 8.34% of the combined company’s common stock post-merger. While details of the transaction are limited, management believes the transaction will provide significant and long-term value for BLBX shareholders. Blackboxstocks will operate as a subsidiary of Evtec. In its just filed 10-K for 2022, the Company noted it was exploring strategic alternatives.
Who Is Evtec Group? A private U.K.-based company, Evtec Group is a leading parts supplier for luxury brands in the EV and performance automotive market. The acquisition of Blackboxstocks provides Evtec with a pathway to become publicly traded in the U.S., while enabling Blackboxstocks access to capital needed to take the next step forward in its business, in our view.
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