Streamex Corp. (NASDAQ: STEX) Announces Issuance of Prepayment Notice for Previously Announced Convertible Debenture Financing & Notice of Termination for Standby Equity Purchase Agreement
Rhea-AI Summary
Streamex (NASDAQ: STEX) issued an optional prepayment notice to holder YA II PN, LTD. (Yorkville) to prepay its outstanding Secured Convertible Debentures totaling $50.0 million plus a 10% prepayment premium, and delivered notice terminating its Standby Equity Purchase Agreement (SEPA) with Yorkville. The Holder has ten trading days to elect conversion; the Company must effect prepayment on the eleventh trading day after the notice, after giving effect to any conversions. The SEPA (36-month commitment, up to $1.0 billion capacity) will not be utilized. Additional details were filed on Form 8-K on July 9, Aug 13, Oct 29, Nov 6 and Dec 19, 2025.
Positive
- Eliminates outstanding convertible debentures of $50.0 million
- Removes potential future equity dilution from the $1.0 billion SEPA
- Provides a cleaner balance sheet ahead of the GLDY launch
Negative
- Prepayment triggers a 10% premium equal to $5.0 million
- Prepayment may reduce near-term cash reserves used for operations
News Market Reaction – STEX
In the Jan 23 session, STEX declined 6.07%, reflecting a notable negative market reaction. Argus tracked a peak move of +10.4% during that session. Argus tracked a trough of -9.0% from its starting point during tracking. Our momentum scanner triggered 28 alerts that day, indicating elevated trading interest and price volatility. Trading volume was elevated at 2.5x the daily average, suggesting increased selling activity.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jan 22 | Equity offering priced | Negative | +12.3% | Priced $35M underwritten stock offering at $3.00 to repay debt. |
| Jan 22 | Equity offering planned | Negative | +12.3% | Proposed underwritten stock offering to repay debt and fund operations. |
| Jan 21 | GLDY trading partnership | Positive | -9.4% | Partnered with tZERO to enable GLDY secondary trading on regulated ATS. |
| Dec 12 | Corporate update webinar | Neutral | -3.8% | Announced webinar on 2025 milestones, GLDY launch, and 2026 roadmap. |
| Dec 11 | Strategic equity acquisition | Positive | +1.4% | Acquired 9.9% Empress Royalty stake via premium share-for-share deal. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent news often saw price moves diverge from the apparent tone, especially around financings and strategic updates, with only one of the last five events clearly aligning.
Over the past months, Streamex has focused on financing and strategic positioning. A $35M underwritten offering and a prior proposed offering in January 2026 were earmarked to repay indebtedness. Earlier, the company advanced GLDY via a tZERO trading partnership and highlighted GLDY’s planned $100M+ initial issuance and roadmap in a December 2025 webinar. It also acquired a 9.9% stake in Empress Royalty for about $12.2M. Today’s move to prepay debentures and terminate the SEPA ties directly into this balance sheet and GLDY-focused strategy.
Key Terms
secured convertible debentures financial
standby equity purchase agreement financial
form 8-k regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
WINTER PARK, Fla., Jan. 23, 2026 (GLOBE NEWSWIRE) -- Streamex Corp. (“Streamex” or the “Company”) (NASDAQ: STEX), a leader in institutional-grade tokenization of commodity assets, today announced that it has delivered an optional prepayment notice to the holder of its Secured Convertible Debentures, YA II PN, LTD., a Cayman Islands exempt limited company (“Yorkville” or “Holder”). It has also issued notice to cancel the Standby Equity Purchase Agreement (the “SEPA”) previously entered into with Yorkville.
Prepayment Notice for Secured Convertible Debentures
As previously disclosed, the Company has outstanding Secured Convertible Debentures dated November 4, 2025, and December 17, 2025, with the Holder in the aggregate principal amount of
Cancellation of Standby Equity Purchase Agreement
As previously disclosed, the Company is party to a SEPA facility with Yorkville, pursuant to which the Company had the right, but not the obligation, to issue and sell to Yorkville up to
Today as well, the Company issued a notice of termination of the SEPA.
Additional information regarding the Debentures and the SEPA is included in the Company’s Current Reports on Form 8-K filed with the SEC on July 9, 2025, August 13, 2025, October 29, 2025, November 6, 2025 and December 19, 2025.
Quote from CEO Henry McPhie
“By issuing notice to retire the convertible debenture and notice to cancel the SEPA we are excited to have a clean balance sheet going into a transformative year for Streamex,” said Henry McPhie Co-Founder and CEO of Streamex. “With the highly anticipated GLDY launch coming up and the recently completed equity raise we are in a very strong position for sustained growth.”
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 meet the closing conditions in order to obtain the second tranche USD
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
