Streamex Corp. (NASDAQ: STEX) Announces Closing of $35 Million Public Offering
Rhea-AI Summary
Streamex (NASDAQ: STEX) announced the closing of an underwritten public offering of 11,666,667 shares of common stock at $3.00 per share, producing gross proceeds of approximately $35,000,001.
The company said it intends to use net proceeds to repay prior indebtedness and for working capital and general corporate purposes. Underwriters were granted a 30-day option to purchase up to an additional 1,750,000 shares at the public offering price, less discounts and commissions. Needham & Company and Siebert acted as joint book-running managers. The offering was made under a Form S-3 shelf registration declared effective by the SEC on December 17, 2024.
Positive
- Gross proceeds of approximately $35,000,001
- Proceeds designated to repay prior indebtedness
- Underwriters hold a 30-day option to purchase up to 1,750,000 additional shares
- Offering completed under an effective Form S-3 registration (Dec 17, 2024)
Negative
- Issuance of 11,666,667 shares may dilute existing shareholders
- Net proceeds reduced by underwriting discounts, commissions, and offering expenses
News Market Reaction
On the day this news was published, STEX gained 4.62%, reflecting a moderate positive market reaction. Argus tracked a peak move of +17.8% during that session. Argus tracked a trough of -9.8% from its starting point during tracking. Our momentum scanner triggered 24 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $7M to the company's valuation, bringing the market cap to $160M at that time. Trading volume was elevated at 2.6x the daily average, suggesting notable buying interest.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
No peers in the provided sector list showed concurrent momentum, and scanner data flags no sector-wide move, suggesting this price action is stock-specific to the $35M offering close.
Previous Offering Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 22 | Offering pricing | Neutral | +12.3% | Priced 11,666,667-share offering at $3.00 for about $35M gross proceeds. |
| Jan 22 | Proposed offering | Neutral | +12.3% | Announced proposed underwritten public offering to fund debt repayment and operations. |
Recent financing-related headlines on Jan 22 tied to this same offering saw a positive 12.34% move, contrasting with the current negative reaction to the actual closing.
This announcement closes Streamex’s underwritten public offering previously proposed and priced on Jan 22, 2026. Those earlier offering headlines, tagged as financing events, each coincided with a 12.34% move. Before that, the company highlighted its GLDY tokenization initiative and strategic 9.9% Empress Royalty stake, alongside capital raises in 2025. Today’s closing fits into a broader pattern of using equity financing to support debt repayment, working capital, and its tokenized assets roadmap.
Historical Comparison
In recent days STEX issued two prior offering-tagged headlines, each tied to this financing and averaging a 12.34% move. Today’s closing of the same $35M deal came with a -6.07% move, diverging from that earlier positive pattern.
The financing sequence progressed from a proposed offering to detailed pricing and now to closing of the same underwritten equity deal.
Market Pulse Summary
This announcement finalizes Streamex’s $35,000,001 underwritten public offering of 11,666,667 shares at $3.00, with an option for 1,750,000 additional shares. Proceeds are earmarked for debt repayment, working capital, and general purposes under a Form S-3 declared effective on December 17, 2024. In context, it extends a recent series of financing and strategic moves supporting the GLDY tokenization strategy. Investors may monitor execution on debt reduction, capital deployment, and any follow-on financings or updates to GLDY-related initiatives.
Key Terms
underwritten public offering financial
prospectus supplement regulatory
base prospectus regulatory
shelf registration statement regulatory
form s-3 regulatory
registration or qualification regulatory
AI-generated analysis. Not financial advice.
WINTER PARK, Fla., Jan. 26, 2026 (GLOBE NEWSWIRE) -- Streamex Corp. (“Streamex” or the “Company”) (NASDAQ: STEX), a leader in institutional-grade tokenization of real-world assets and commodity-backed stablecoins, including GLDY, today announced the closing of its previously announced underwritten public offering, including a group of technology and mining thought leaders.
The offering consisted of 11,666,667 shares of common stock at a public offering price of
The Company intends to use the net proceeds from the offering to repay prior indebtedness in accordance with our financing strategy, and for working capital and general corporate purposes. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 1,750,000 shares of common stock at the public offering price, less underwriting discounts and commissions.
Needham & Company and Siebert acted as joint book-running managers of the offering.
The offering was made pursuant to a shelf registration statement on Form S-3 (File No. 333-276298) declared effective by the Securities and Exchange Commission (the “SEC”) on December 17, 2024. A final prospectus supplement relating to the offering has been filed with the Securities and Exchange Commission, together with an accompanying base prospectus. The securities were offered only by means of a written prospectus forming a part of the effective registration statement. Copies of the final prospectus supplement relating to the offering, together with the accompanying base prospectus, may be obtained from the SEC’s website at http://www.sec.gov, or from Needham & Company, 250 Park Avenue, 10th Floor, New York, NY 10177, Attn: Prospectus Department, prospectus@needhamco.com or by telephone at (800) 903-3268.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein. Streamex will not and has been advised by the joint book-running managers that they and their affiliates will not, sell any of these securities in any state or other jurisdiction in which such offer, solicitation, or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.
About Streamex Corp.
Streamex Corp. (NASDAQ: STEX) is a vertically integrated technology and infrastructure company focused on the tokenization and digitalization of real-world assets. Streamex provides institutional-grade solutions that bring traditional commodities and assets on-chain through secure, regulated, and yield-bearing financial instruments. The company is committed to delivering transparent, scalable, and compliant digital asset solutions that bridge the gap between traditional finance and blockchain-enabled markets.
For more information, visit www.streamex.com or follow the company on X (Twitter).
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be preceded by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential,” or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions, and are subject to various known and unknown risks and uncertainties, many of which are beyond our control. It is possible that our actual results and financial condition may differ, possibly materially, from the anticipated results and financial condition indicated in these forward-looking statements, depending on factors including whether we will realize the anticipated benefits of the current transaction in a timely manner or at all. For a discussion of other risks and uncertainties, and other important factors, any of which could cause our actual results to differ from those contained in forward-looking statements, see our filings with the Securities and Exchange Commission, including the section titled “Risk Factors” in our Annual Report on Form 10-K, filed with the SEC on April 15, 2025. We assume no obligation to publicly update or revise our forward-looking statements as a result of new information, future events or otherwise, except as required by law.
No Offer or Solicitation
This press release is for information purposes only and is not intended to and does not constitute, or form part of, an offer, invitation or the solicitation of an offer or invitation to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of any securities, or the solicitation of any vote or approval in any jurisdiction, pursuant to the proposed transaction or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.
Contacts
Streamex Press & Investor Relations:
Adele Carey
Alliance Advisors Investor Relations
acarey@allianceadvisors.com
Henry McPhie
Chief Executive Officer, Streamex Corp.
contact@streamex.com
www.streamex.com
https://x.com/streamex
FAQ
How many shares did Streamex (STEX) sell in the January 26, 2026 offering?
How much gross capital did Streamex (STEX) raise in the public offering?
What will Streamex (STEX) use the net proceeds from the offering for?
Does the Streamex (STEX) offering include an overallotment option?
Who managed the Streamex (STEX) public offering and under what registration?
