Mutual Termination of Share Exchange Agreement between Blackboxstocks, Inc. and EVTEC Aluminium Limited
Blackboxstocks, Inc. and EVTEC Aluminium Limited have mutually agreed to terminate their Share Exchange Agreement, originally signed on December 12, 2023, and amended on July 1, 2024. The termination is effective as of January 13, 2025, and has been approved by the boards of directors of both companies. This agreement formally ends any obligations under the original share exchange arrangement between the parties.
Exhibit 10.1
January 13, 2025
EVTEC Aluminium Limited
Attention: David Roberts, CEO
| Re: | Termination of Share Exchange Agreement |
Dear David:
Reference is made to that certain Share Exchange Agreement, dated December 12, 2023, as amended on July 1, 2024 (the “Exchange Agreement”), among Blackboxstocks, Inc. (“Blackbox”), EVTEC Aluminium Limited (“Evtec”) and the Seller Parties thereto. Capitalized terms used herein but not otherwise defined shall have the meanings ascribed to them in the Exchange Agreement.
Pursuant to Section 8.1(a) of the Exchange Agreement, Blackbox and Evtec hereby mutually agree to terminate the Exchange Agreement.
The undersigned acknowledge that the termination of the Exchange Agreement has been approved by their respective boards of directors and the termination is effective as of the date of this letter.
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| BLACKBOXSTOCKS INC. |
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| By: | /s/ Gust Kepler |
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| Gust Kepler, |
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| President and Chief Executive Officer |
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| EVTEC ALUMINIUM LIMITED. | |||
| By: | /s/ David Roberts | ||
| David Roberts, | |||
| Chief Executive Officer | |||
