BLBX - Blackboxstocks Inc. Acquisition Target Evtec Aluminium Appoints Three New Board Members | Benzinga
DALLAS, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Blackboxstocks Inc. (NASDAQ:BLBX) ("Blackbox" or the "Company"), a financial technology and social media hybrid platform offering real-time proprietary analytics for stock and options traders, announced today that its planned acquisition target, Evtec Aluminium Limited ("Evtec"), has appointed three new Board Members.
Julia Steinbrenner, Co-President of the New York Yankees Foundation and Co-Owner of Steinbrenner Racing; Steve Norris, former UK Minister for Transport and an automotive industry veteran; and Steve Illot, former Chief Investment Officer for BMO Asset Management in North America, will be joining the Evtec Board of Directors effective April 1, 2024. Ms. Steinbrenner, Mr. Norris and Mr. Illot are expected to be appointed to the Blackbox Board upon the closing of the merger with Evtec.
Evtec Chairman, David Roberts commented; "We are delighted to welcome Julia, Steve and Steve to the Evtec team. Together they bring a wealth of industry experience and insight as we continue to grow Evtec's competencies to serve our customers as they transition to a new electrified era."
Blackboxstocks, Inc CEO Gust Kepler said; "The appointment of Ms. Steinbrenner, Mr. Norris and Mr. Illot to the Evtec board is another important milestone for the company as we work to complete this merger. The addition of these new board members further demonstrates Evtec's commitment to excellence in their industry sector and we are very pleased to welcome them to the team."
About Evtec Aluminium
Evtec Aluminium is recognised as one of the world's leading advanced aluminium castings and machining manufacturers supplying premium brand Original Equipment Makers (OEMS). It supplies a range of strategic auto parts on powertrain and EV packs as well as body-in-white structural parts, from its world-class facilities in the UK. Their business focuses on premium luxury brands and a market transition to electric vehicles, with Jaguar Land Rover as its largest customer. As a ...