---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-001510"
form_type: "8-K"
ticker: "ALOY"
cik: "0001567900"
company_name: "REALLOYS INC."
filed_at: "2025-01-22T23:59:59+00:00"
generated_at: "2026-05-27T19:26:58.996266+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Blackboxstocks secures up to $2.25M in convertible debentures to fund operations and potential merger

## Summary
- Initial $250K senior debenture closed Jan 17, 2025; bears 7% interest, matures March 15, 2025 or upon merger deal.
- Additional $2M secured convertible debentures funded in tranches linked to merger agreement, S-4 filing, and SEC effectiveness.
- Conversion price set at 175% of prior day's close with $5.00 floor; holders capped at 9.9% beneficial ownership.
- Cash repayment triggers 115% premium; default interest rate rises to 18% per annum.
- Management expects proceeds to cover operations and transaction expenses as it pursues a merger.

## SEC filing metadata
- accession: 0001437749-25-001510
- form_type: 8-K
- ticker: ALOY
- cik: 0001567900
- company_name: REALLOYS INC.
- filed_at: 2025-01-22T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1567900/000143774925001510/0001437749-25-001510-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1567900/000143774925001510/blkbx20250118_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-001510
- JSON: https://secwatch.observer/filing/0001437749-25-001510.json
- Plain text: https://secwatch.observer/filing/0001437749-25-001510.txt

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