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Blackboxstocks, Inc. Provides Detail on Capital Structure, Number of Free Trading Shares, and Public Float

No Insider Sales since Uplisting to Nasdaq on November 10, 2021

Blackboxstocks Inc. (NASDAQ: BLBX) (“Blackbox”), a financial technology and social media hybrid platform offering real-time proprietary analytics for stock and options traders of all levels, today addressed the recent market volatility of its common stock price following the Company’s NASDAQ listing on November 10, 2021.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211117006303/en/

Gust Kepler, Founder and CEO of Blackboxstocks, stated:

“In order to provide maximum transparency for all shareholders, new and old, I have included a statement from our transfer agent, Securities Transfer Corp. The statement above provides detailed information with regard to the number of BLBX common shares currently tradable within the DTC system.

Blackbox is a company founded with the mission of providing traders and investors with real-time information and insight into the stock market. In that light, I felt that it was appropriate to address current rumors that company insiders are selling shares, or that there were large free trading positions from early Blackbox investors that were sold indiscriminately during the first week BLBX stock traded on NASDAQ.

Specifically, on November 10, 2021, there were 312,680 shares of freely tradeable common stock held in the DTC (Cede & Co.) system prior to the sale of 2,400,000 shares of common stock in the concurrent offering and NASDAQ listing. As of the close of business yesterday, November 16, 2021, there were 2,999,790 shares. This is the sum of the 2,400,000 shares from the offering plus deposits of free trading shares by previous BLBX shareholders in the amount of 590,790 shares. There has been no insider selling.

In closing, this information is being publicly disclosed for maximum transparency. And while I am not going to opine on the current trading dynamic of our stock or the rumors of predatory short selling in our opening week, I will simply state that we had hoped that the investors in our most recent offering had purchased their shares for long term investment purposes based on the fundamentals of our company. We remain extremely confident in our business model and are proud to be listed on NASDAQ,” concluded Mr. Kepler.

About Blackboxstocks, Inc.

Blackboxstocks, Inc. is a financial technology and social media hybrid platform offering real-time proprietary analytics and news for stock and options traders of all levels. Our web-based software employs "predictive technology" enhanced by artificial intelligence to find volatility and unusual market activity that may result in the rapid change in the price of a stock or option. Blackbox continuously scans the NASDAQ, New York Stock Exchange, CBOE, and all other options markets, analyzing over 10,000 stocks and up to 1,500,000 options contracts multiple times per second. We provide our users with a fully interactive social media platform that is integrated into our dashboard, enabling our users to exchange information and ideas quickly and efficiently through a common network. We recently introduced a live audio/screenshare feature that allows our members to broadcast on their own channels to share trade strategies and market insight within the Blackbox community. Blackbox is a SaaS company with a growing base of users that spans 42 countries; current subscription fees are $99.97 per month or $959.00 annually. For more information, go to: www.blackboxstocks.com

Safe Harbor Statement

Our prospects here at Blackboxstocks are subject to uncertainties and risks. This press release contains forward-looking statements that involve substantial uncertainties and risks. These forward-looking statements are based upon our current expectations, estimates and projections about our business, and reflect our beliefs and assumptions based upon information available to us at the date of this press release. In some cases, you can identify these statements by words such as "if," "may," "might," "will, "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential," "continue," and other similar terms. These forward-looking statements include, among other things, plans for proposed operations, descriptions of our strategies, our product and market development plans, and other objectives, expectations and intentions, the trends we anticipate in our business and the markets in which we operate, and the competitive nature and anticipated growth of those markets. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors including, but not limited to, the risks and uncertainties discussed under risk factors in our registration statement on Form S-1, as amended (File No. 333- 260065) as well as our other filings with the SEC. We undertake no obligation to revise or update any forward-looking statement for any reason.

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