Streamex Corp. Clarifies and Refutes Inaccurate Claims Regarding Lock-Up Agreements; Co-Founders Morgan Lekstrom & Henry McPhie Enter into Voluntary 1 Year Lock-Up Agreements

Rhea-AI Summary

Streamex (NASDAQ: STEX) refutes third-party posts claiming March 24, 2026 lock-up expirations and an aggregate 89,833,535 shares subject to lock-ups. The company says those figures are materially inaccurate. Co-founders Morgan Lekstrom and Henry McPhie had 60-day lock-ups totaling 42,887,599 shares and on March 26, 2026 voluntarily agreed to new one-year lock-ups covering their shares.

The January 26, 2026 financing was a confidentially marketed public offering; shares issued in that offering were freely tradable at closing and were not subject to lock-up restrictions.

Positive

• Co-founders entered 1-year lock-ups on March 26, 2026, signaling alignment with shareholders
• 42,887,599 shares were subject to earlier 60-day lock-ups, not 89.8M as previously reported
• Founders' individual holdings disclosed: 21,014,450 shares (McPhie) and 20,707,421 shares (Lekstrom)

Negative

• Third-party misinformation created market confusion about lock-up scope and expirations
• Correction required after inaccurate public posts could weigh on short-term investor sentiment

Key Figures

Alleged locked shares: 89,833,535 shares Actual locked shares: 42,887,599 shares CEO locked shares: 21,014,450 shares +3 more

6 metrics

Alleged locked shares 89,833,535 shares Shares third-party posts incorrectly claimed were subject to lock-ups

Actual locked shares 42,887,599 shares Total shares under 60-day lock-ups from Jan 22, 2026 agreements

CEO locked shares 21,014,450 shares Shares held by CEO Henry McPhie under 60-day lock-up

Chairman locked shares 20,707,421 shares Shares held by Executive Chairman Morgan Lekstrom under 60-day lock-up

Initial lock-up term 60 days Duration of January 22, 2026 lock-up agreements

New lock-up term 1 year Voluntary lock-up period for co-founders starting March 26, 2026

Market Reality Check

Price: $1.1400 Vol: Volume 3,982,037 is 2.05x...

high vol

$1.1400 Last Close

Volume Volume 3,982,037 is 2.05x the 20-day average of 1,938,919, indicating elevated trading activity before this clarification. high

Technical Shares at $1.14 are trading below the 200-day MA of $3.82 and sit far under the 52-week high of $7.44, near the 52-week low of $1.0925.

Historical Context

5 past events · Latest: Mar 26 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Mar 26	Product/regulatory positioning	Positive	-7.3%	GLDY positioned to align with draft CLARITY Act and offer 3.5% yield.
Mar 19	Conference participation	Positive	-5.0%	Presentation at ROTH Conference on bridging DeFi and TradFi for adoption.
Mar 16	CFO appointment	Positive	+1.0%	Appointment of ex-Coinbase and Morgan Stanley executive as CFO to support growth.
Mar 03	Board appointment	Positive	-6.8%	Former Cantor Fitzgerald CEO added as independent director to support strategy.
Feb 25	Product launch	Positive	+3.1%	Launch of GLDY, a gold-backed tokenized security with 3.5% APY.

Pattern Detected

Recent history shows multiple negative price reactions following ostensibly positive corporate and product news, suggesting a tendency for selloffs around updates.

Recent Company History

Over the last month, Streamex issued several growth- and product-oriented updates, including the Feb 25, 2026 launch of GLDY and its 3.5% APY, governance additions on Mar 3, 2026, and a new CFO on Mar 16, 2026. Despite these, three of five events saw negative 24-hour price reactions, including the -7.32% move on GLDY’s regulatory alignment news. Today’s lock-up clarification comes after this sequence of mixed market responses to generally constructive announcements.

Market Pulse Summary

This announcement clarifies earlier third-party claims about lock-up expirations and corrects an ove...

Analysis

This announcement clarifies earlier third-party claims about lock-up expirations and corrects an overstated figure of 89,833,535 allegedly locked shares, confirming only 42,887,599 were under 60-day agreements. It also highlights new one-year voluntary lock-ups by the two largest shareholders, alongside prior insider purchases in recent months. Investors may watch how this affects perceptions of float, future financing flexibility, and the broader rollout of GLDY and related initiatives.

Key Terms

lock-up agreements, common stock, warrants, options, +2 more

6 terms

lock-up agreements financial

"clarify and formally refute a series of ... posts ... which referenced the purported expiration ... of certain lock-up agreements"

A lock-up agreement is a contract that prevents company insiders—founders, employees, and early investors—from selling their shares for a set period after a public stock offering. It matters to investors because it keeps a large block of shares off the market temporarily; when the lock-up ends, those holders can sell and this increased supply can cause the stock price to fall, similar to a timed release that suddenly opens a valve.

common stock financial

"aggregate total of 89,833,535 shares of common stock allegedly subject to lock-up agreements"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

warrants financial

"none of its executive officers, directors, or other referenced security holders held warrants, options, preferred stock"

Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.

options financial

"none of its executive officers, directors, or other referenced security holders held warrants, options, preferred stock"

Options are contracts that give investors the right to buy or sell an asset at a specific price within a certain time frame. They function like a reservation or a ticket that allows for potential profit or protection against price changes, making them useful tools for managing investment risks or speculating on market movements.

convertible preferred stock financial

"None of the individuals ... held options, warrants, or Series C convertible preferred stock"

Convertible preferred stock is a special class of company shares that pays priority, usually fixed, payments to holders and can be exchanged later for a set number of common shares. It matters to investors because it combines steady income and added protection with the chance to share in a company’s upside; think of it as a hybrid between a bond that pays regularly and an option to convert into growth-oriented stock, where the conversion rules influence both potential gains and how much common shareholders’ ownership may be reduced.

confidentially marketed public offering financial

"The January 26, 2026, financing was conducted as a confidentially marketed public offering."

A confidentially marketed public offering is a planned sale of a company's shares to the public that is promoted privately to a small group of investors before being announced broadly. Think of it like quietly asking a few trusted buyers if they’re interested before putting items up for sale in a public marketplace; it lets the company test demand, set price expectations and limit market disruption. For investors, it signals potential share dilution, gives clues about demand and pricing, and may affect short-term stock volatility and investment decisions.

AI-generated analysis. Not financial advice.

WINTER PARK, Fla., March 27, 2026 (GLOBE NEWSWIRE) -- Streamex Corp. (“Streamex” or the “Company”) (NASDAQ: STEX) today issued a statement to clarify and formally refute a series of third-party posts attributed to S&P Capital IQ and displayed on MarketScreener on March 23, 2026, which referenced the purported expiration on March 24, 2026 of certain lock-up agreements.

The Company has determined that the information contained in these posts is materially inaccurate and misleading. Specifically, the referenced aggregate total of 89,833,535 shares of common stock allegedly subject to lock-up agreements and held by executive officers, directors, and certain other security holders in connection with the January 26, 2026 financing is incorrect. The Company confirms that none of its executive officers, directors, or other referenced security holders held warrants, options, preferred stock, or other securities subject to such lock-up agreements as described in the posts.

For clarity, certain directors and officers of the Company entered into customary 60-day lock-up agreements on January 22, 2026 in connection with the January 26, 2026 financing. The total number of shares subject to these lock-ups was 42,887,599 shares, consisting of 21,014,450 shares held by Co-Founder and Chief Executive Officer Henry McPhie and 20,707,421 shares held by Co-Founder and Executive Chairman Morgan Lekstrom. None of the individuals subject to these agreements held options, warrants, or Series C convertible preferred stock; accordingly, no such securities were subject to the lock-up agreements.

The January 26, 2026, financing was conducted as a confidentially marketed public offering. All shares issued in connection with this offering were freely tradable upon closing and were not subject to any lock-up restrictions.

Furthermore, on March 26, 2026, Morgan Lekstrom and Henry McPhie, as co-founders and the Company’s largest shareholders, voluntarily entered into new lock-up agreements (the “Lock-Up Parties”). Pursuant to these agreements, the Lock-Up Parties have agreed not to sell, transfer, or otherwise dispose of any shares of common stock of the Company, or securities convertible into, exchangeable for, or exercisable for common stock, for a period of one year from the date of the agreement without the prior written consent of the Company.

“Misinformation contained in recent third-party publications is false, and the Company refutes these statements,” said Morgan Lekstrom and Henry McPhie in a joint statement. “We believe the Company is well positioned, supported by significant capital on its balance sheet and the ongoing successful launch of GLDY with many near term catalysts expected in the pipeline. As co-founders and the Company’s largest shareholders, we are fully aligned with Streamex’s long-term vision and strategy. Our decision to enter into voluntary one-year lock-up agreements reflects our continued commitment to the Company and its shareholders.”

About Streamex Corp.

Streamex Corp. (NASDAQ: STEX) is a technology and infrastructure company focused on the tokenization and digitalization of commodity real-world assets. Streamex delivers institutional-grade solutions that bridge traditional finance and blockchain-enabled markets through secure, regulated, and yield-bearing financial instruments.

For more information, visit www.streamex.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding Streamex’s business strategy, future growth, product development, and liquidity initiatives. These statements are based on current expectations and assumptions that are subject to risks and uncertainties, many of which are beyond Streamex’s control, and actual results may differ materially. Factors that could cause such differences include, among others, market conditions, regulatory developments, and macroeconomic factors affecting digital asset markets. A discussion of these and other factors, including risks and uncertainties with respect to Streamex, is set forth in Streamex's filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K, as may be supplemented or updated by Streamex's Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, as well as discussions of potential risks, uncertainties, and other important factors included in other filings by Streamex from time to time. Streamex undertakes no obligation to update or revise any forward-looking statements except as required by applicable law.

Contacts

Streamex Press & Investor Relations
Adele Carey – Alliance Advisors Investor Relations
IR@streamex.com | acarey@allianceadvisors.com

Henry McPhie
Chief Executive Officer, Streamex Corp.
www.streamex.com | X.com/streamex

FAQ

What lock-up agreements did Streamex (STEX) confirm on March 27, 2026?

Streamex confirmed that 60-day lock-ups dated January 22, 2026 covered 42,887,599 shares. According to the company, co-founders subsequently entered new voluntary one-year lock-ups on March 26, 2026, restricting sales without company consent.

How many shares do co-founders Morgan Lekstrom and Henry McPhie hold under lock-up for STEX?

The company reports Lekstrom holds 20,707,421 shares and McPhie holds 21,014,450 shares under the earlier agreements. According to the company, both co-founders also signed voluntary one-year lock-ups on March 26, 2026.

Did the January 26, 2026 Streamex financing shares have lock-up restrictions for STEX?

No, the company states all shares from the January 26, 2026 confidentially marketed public offering were freely tradable upon closing. According to the company, those offering shares were not subject to any lock-up restrictions.

Why did Streamex (STEX) issue a clarification on March 27, 2026 about lock-ups?

Streamex said third-party posts contained materially inaccurate and misleading figures about lock-ups. According to the company, the clarification corrects the record and explains the actual share counts and new voluntary one-year agreements.

What investor impact does the March 26, 2026 one-year lock-up by STEX co-founders have?

The one-year voluntary lock-ups limit co-founder share sales, which may reassure some investors about share stability. According to the company, the move signals founder alignment with long-term strategy and preserves capital-market signaling for the next year.