---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-000655"
form_type: "8-K"
ticker: "ALOY"
cik: "0001567900"
company_name: "REALLOYS INC."
filed_at: "2025-01-07T23:59:59+00:00"
generated_at: "2026-05-28T08:28:01.167386+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Blackboxstocks out of compliance with Nasdaq listing rules after director death and missed annual meeting

## Summary
- Failed to hold 2024 annual meeting by Dec 31, 2024; rescheduled for Feb 7, 2025.
- Director Ray Balestri died Jan 4, 2025; board now 4 members, only 2 independent.
- Audit committee now 2 members (both independent) but requires 3 per Nasdaq Rule 5605(c)(2)(A).
- Company evaluating options to regain compliance with Nasdaq Rules 5605(b)(1) and 5605(c)(2)(A).

## SEC filing metadata
- accession: 0001437749-25-000655
- form_type: 8-K
- ticker: ALOY
- cik: 0001567900
- company_name: REALLOYS INC.
- filed_at: 2025-01-07T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1567900/000143774925000655/0001437749-25-000655-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1567900/000143774925000655/blkbx20250107_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-000655
- JSON: https://secwatch.observer/filing/0001437749-25-000655.json
- Plain text: https://secwatch.observer/filing/0001437749-25-000655.txt

## Key facts
- Listing & Compliance Notices
  REALLOYS INC. received a nasdaq noncompliance notice notice regarding board independence (rules 5605(b)(1), 5605(c)(2)(A), 5605(a)(2)).
  - Exchange: nasdaq
  - Notice: noncompliance notice
  - Deficiency: board independence
  - Rules: 5605(b)(1), 5605(c)(2)(A), 5605(a)(2)
  source text: January 7, 2025, Blackboxstocks Inc. (the “Company”) notified the Nasdaq Stock Market LLC (“Nasdaq”) that the Company is currently not in compliance with Nasdaq’s annual meeting requirements as set forth in Nasdaq Listing Rule 5620(a). Nasdaq Listing Rule 5620(a) requires that each company listing common stock or preferred stock, and their equivalents, hold an annual meeting of stockholders within one year of the end of each fiscal year. As such, the Company was required to hold its 2024 annual meeting of the stockholders (the “2024 Annual Meeting”) on or before December 31, 2024. The Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/1567900/000143774925000655/0001437749-25-000655-index.htm
- Listing & Compliance Notices
  REALLOYS INC. received a nasdaq deficiency notice notice regarding other (rules 5620(a)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Rules: 5620(a)
  source text: January 7, 2025, Blackboxstocks Inc. (the “Company”) notified the Nasdaq Stock Market LLC (“Nasdaq”) that the Company is currently not in compliance with Nasdaq’s annual meeting requirements as set forth in Nasdaq Listin
  evidence_url: https://www.sec.gov/Archives/edgar/data/1567900/000143774925000655/0001437749-25-000655-index.htm
- Listing & Compliance Notices
  REALLOYS INC. received a nasdaq noncompliance notice notice regarding other (rules 5620(a)).
  - Exchange: nasdaq
  - Notice: noncompliance notice
  - Rules: 5620(a)
  source text: January 7, 2025, Blackboxstocks Inc. (the “Company”) notified the Nasdaq Stock Market LLC (“Nasdaq”) that the Company is currently not in compliance with Nasdaq’s annual meeting requirements as set forth in Nasdaq Listing Rule 5620(a). Nasdaq Listing Rule 5620(a) requires that each company listing common stock or preferred stock, and their equivalents, hold an annual meeting of stockholders within one year of the end of each fiscal year. As such, the Company was required to hold its 2024 annual meeting of the stockholders (the “2024 Annual Meeting”) on or before December 31, 2024. The Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/1567900/000143774925000655/0001437749-25-000655-index.htm
- Listing & Compliance Notices
  REALLOYS INC. received a nasdaq deficiency notice notice regarding board independence (rules 5605(b)(1), 5605(c)(2)(A)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: board independence
  - Rules: 5605(b)(1), 5605(c)(2)(A)
  source text: January 7, 2025, Blackboxstocks Inc. (the “Company”) notified the Nasdaq Stock Market LLC (“Nasdaq”) that the Company is currently not in compliance with Nasdaq’s annual meeting requirements as set forth in Nasdaq Listin
  evidence_url: https://www.sec.gov/Archives/edgar/data/1567900/000143774925000655/0001437749-25-000655-index.htm

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