Streamex Corp. (NASDAQ: STEX) Announces Closing of Underwriters' Over-Allotment Option in Full, Resulting in Gross Proceeds of $40.25 Million
Rhea-AI Summary
Streamex (NASDAQ: STEX) closed the underwriters' over-allotment in full on Jan 27, 2026, selling an additional 1,750,000 common shares.
Together with the shares issued on Jan 26, 2026, the company issued a total of 13,416,667 common shares for gross proceeds of $40.25 million, before underwriting discounts, commissions and offering expenses. The company intends to use net proceeds to repay prior indebtedness and for working capital and general corporate purposes. Needham & Company and Siebert served as joint book-running managers. The offering was made under a Form S-3 shelf registration declared effective Dec 17, 2024, and a final prospectus supplement has been filed with the SEC.
Positive
- Gross proceeds of $40.25 million
- Total issuance of 13,416,667 common shares
- Proceeds designated to repay prior indebtedness
Negative
- Issuance of 13,416,667 shares may cause shareholder dilution
- Net cash raised reduced by underwriting discounts and offering expenses
News Market Reaction – STEX
In the Jan 28 session, STEX gained 3.56%, reflecting a moderate positive market reaction. Argus tracked a peak move of +22.1% during that session. Argus tracked a trough of -6.4% from its starting point during tracking. Our momentum scanner triggered 24 alerts that day, indicating elevated trading interest and price volatility. 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
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jan 26 | Offering closing | Neutral | +4.6% | Closed $35M underwritten offering of 11,666,667 shares at $3.00. |
| Jan 23 | Debt prepayment | Positive | -6.1% | Optional prepayment of $50M secured convertible debentures and SEPA termination. |
| Jan 22 | Offering pricing | Neutral | +12.3% | Priced $35M offering of 11,666,667 shares at $3.00 per share. |
| Jan 22 | Proposed offering | Neutral | +12.3% | Announced proposed underwritten public offering under existing shelf registration. |
| Jan 21 | Strategic partnership | Positive | -9.4% | Engaged tZERO to enable secondary trading of GLDY on its ATS. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent history shows frequent divergence: positive reactions to equity offerings and negative reactions to strategic or de-leveraging announcements.
Over the past week, Streamex has issued a series of financing-related updates, including a proposed offering on Jan 22, pricing and terms for a $35M deal, and closing of that offering on Jan 26. These were followed by today’s over-allotment closing, bringing total gross proceeds to $40.25M. In parallel, the company moved to prepay $50.0M of convertible debentures and terminate a $1.0B SEPA, and earlier announced a tZERO partnership for GLDY trading.
Key Terms
over-allotment option financial
underwriters financial
underwritten public offering financial
shelf registration statement regulatory
form s-3 regulatory
prospectus supplement regulatory
base prospectus regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
WINTER PARK, Fla., Jan. 27, 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 the sale of 1,750,000 shares of its common stock pursuant to the full exercise of the over-allotment option granted to the underwriters in connection with its previously announced underwritten public offering, including a group of technology and mining thought leaders. Together with the 11,666,667 shares issued on January 26, 2026, the Company has now issued a total of 13,416,667 shares of common stock, for total gross proceeds 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.
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
