---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-26-001781"
form_type: "8-K/A"
ticker: "ALOY"
cik: "0001567900"
company_name: "REALLOYS INC."
filed_at: "2026-05-11T22:10:43+00:00"
generated_at: "2026-05-12T10:21:34.862036+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# REalloys (formerly Blackboxstocks) posts $75.6M net loss for 2025 after reverse merger close

## Summary
- Merger closed Feb 24, 2026; REalloys shareholders received 92.7% of post-close common and preferred stock.
- Revenue $800k; net loss $75.6M for 2025, driven by $55.3M non-cash stock issuance for services and $5.2M contingent consideration fair value change.
- Total assets $93.4M including $50.5M mineral properties; accumulated deficit $81.1M; cash $2.8M.
- Audited FY2024 net loss $5.4M from inception (May 20, 2024); going concern doubt cited by auditor.
- Pro forma combined balance sheet and statements of operations filed; contingent consideration liability $34.6M at Dec 31, 2025.

## SEC filing metadata
- accession: 0001185185-26-001781
- form_type: 8-K/A
- ticker: ALOY
- cik: 0001567900
- company_name: REALLOYS INC.
- filed_at: 2026-05-11T22:10:43+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1567900/000118518526001781/0001185185-26-001781-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1567900/000118518526001781/realloys8ka1050726.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-26-001781
- JSON: https://secwatch.observer/filing/0001185185-26-001781.json
- Plain text: https://secwatch.observer/filing/0001185185-26-001781.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.