Streamex Corp. (NASDAQ: STEX) Co-Founder & Executive Chairman Provides Corporate Update

Rhea-AI Summary

Streamex (NASDAQ: STEX) provided a corporate update highlighting a strengthened balance sheet, insider alignment, governance hires, and a 2026 product roadmap.

The company raised $40.25M (priced $3.00/share), holds ~$50M cash, fully repaid secured convertible debentures, and reports insider ownership exceeding 50%. GLDY launch timing and scale will be updated in coming weeks. SLVY targeted Q2 2026; tokenized royalty product targeted by year-end 2026.

Positive

• $40.25M underwritten public offering closed
• Approximately $50M cash on balance sheet
• Eliminated secured convertible debentures and variable equity facilities
• Insider ownership now exceeds 50%
• SLVY (silver with yield) targeted for Q2 2026
• Tokenized royalty product targeted by year-end 2026

Negative

• GLDY launch timing and scale not yet finalized
• Indications of interest >$100M remain advancing, not closed

Key Figures

Indications of interest: >$100 million Total addressable market: approximately $120 trillion Public offering size: $40.25 million +5 more

8 metrics

Indications of interest >$100 million Previously disclosed GLDY indications of interest advancing toward commitments

Total addressable market approximately $120 trillion Tokenized precious metals and commodities market referenced for Streamex platform

Public offering size $40.25 million Recent underwritten public offering, priced at $3.00 per share with no warrants

Offering price $3.00 per share Price for recent underwritten public offering with over-allotment exercised

Cash balance approximately US$50 million Cash on balance sheet after public offering and debt repayment

Insider open-market purchases approximately 1,247,011 shares Senior officers and advisors since January 1, 2026

Giustra purchases 1,100,000 common shares Frank Giustra acquisitions at $3.00–$3.17 per share

Lekstrom purchases 95,500 common shares Executive Chairman purchases at approximately $3.06–$3.70

Market Reality Check

Price: $3.01 Vol: Volume 2,440,634 is close...

normal vol

$3.01 Last Close

Volume Volume 2,440,634 is close to the 20-day average of 2,325,487 (relative volume 1.05), suggesting only modestly elevated trading ahead of this update. normal

Technical Shares trade below the 200-day MA of 4.37 at about 3.04, indicating a pre-existing longer-term downtrend into this positive-sounding corporate update.

Peers on Argus

No peers from the stated sector appeared in the momentum scanner, and no same-da...

No peers from the stated sector appeared in the momentum scanner, and no same-day peer headlines were flagged, indicating the -7.32% move in STEX prior to this update looked stock-specific rather than part of a sector rotation.

Historical Context

5 past events · Latest: Feb 09 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Feb 09	Leadership & de-levering	Positive	-7.3%	Executive Chair appointment and confirmation of debt repayment and SEPA cancellation.
Feb 04	Board appointment	Positive	-5.6%	Addition of NYU finance professor to board to support capital markets strategy.
Jan 27	Offering upsized	Positive	+7.3%	Full exercise of over-allotment, total <b>$40.25M</b> gross proceeds to repay debt.
Jan 26	Public offering	Positive	+4.6%	Underwritten <b>$35M</b> stock offering at <b>$3.00</b> to fund debt repayment and operations.
Jan 23	Debt prepayment plan	Positive	-6.1%	Optional prepayment notice for <b>$50M</b> debentures and termination of unused SEPA.

Pattern Detected

Recent balance sheet and governance news often read as positive yet has frequently coincided with short-term price declines, while capital-raising tied to debt repayment has seen mixed but sometimes positive reactions.

Recent Company History

Over the past few weeks, Streamex has focused on capital structure cleanup and governance. On Jan 23, it moved to prepay $50.0 million of Secured Convertible Debentures and terminate a $1.0 billion SEPA, followed by public offerings on Jan 26 and Jan 27 that raised a combined $40.25 million to repay debt. Subsequent news on appointing Anthony Marciano and naming Morgan Lekstrom Executive Chairman emphasized governance and financial flexibility heading into the GLDY launch, consistent with today’s broader strategic and balance sheet update.

Market Pulse Summary

This announcement highlights Streamex’s transition to a fully deleveraged, cash-rich position, with ...

Analysis

This announcement highlights Streamex’s transition to a fully deleveraged, cash-rich position, with about US$50 million in cash following a $40.25 million offering and repayment of Secured Convertible Debentures. It underscores insider alignment via roughly 1,247,011 shares of recent insider purchases and outlines a 2026 roadmap that includes GLDY, SLVY, and a tokenized royalty product. Investors following this story may focus on actual GLDY launch timing and scale, institutional adoption trends, and how effectively the new board and capital markets leadership support that strategy.

Key Terms

tokenization, secured convertible debentures, standby equity purchase agreement, form 4, +4 more

8 terms

tokenization technical

"an institutional-grade digital asset and real-world asset tokenization company"

Tokenization is the process of converting real-world assets or rights into digital tokens stored on a computer network. This allows assets, such as property or investments, to be divided into smaller parts, making them easier to buy, sell, or transfer electronically. For investors, tokenization can increase access to a wider range of investments and make transactions faster and more efficient.

secured convertible debentures financial

"fully repaid its outstanding Secured Convertible Debentures and terminated its never-utilized"

A secured convertible debenture is a company loan that is backed by specific assets and can be exchanged for the company’s shares under agreed terms. Think of it as a mortgage-like loan that also carries an option to switch into ownership; it matters to investors because it gives lenders higher priority for repayment and interest income while also posing potential future share dilution if the debt is converted to equity.

standby equity purchase agreement financial

"terminated its never-utilized Standby Equity Purchase Agreement. These actions have eliminated"

A standby equity purchase agreement is a contract in which an investor or group agrees to buy a company’s newly issued shares on demand, giving the company a ready source of cash it can tap when needed. Think of it like a line of credit made with stock instead of a loan: it provides financial backup but can increase the number of shares outstanding, diluting existing owners and affecting per‑share value, so investors watch these deals for their impact on ownership and earnings per share.

form 4 regulatory

"in open-market transactions, as disclosed in multiple SEC Form 4 filings."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

exchange-traded fund financial

"roles at BMO Global Asset Management where he helped scale a ~$100 billion ETF franchise."

An exchange-traded fund (ETF) is a type of investment fund that holds a collection of assets, such as stocks or bonds, and is traded on stock exchanges like individual stocks. It allows investors to buy and sell a diversified group of investments easily and efficiently, often at a lower cost. ETFs provide a simple way to gain exposure to a broad market or specific sectors without having to buy each asset separately.

web3 infrastructure technical

"capital markets experience across US Capital Markets, emerging technology, tokenized finance, and Web3 infrastructure."

Web3 infrastructure is the collection of underlying technology — such as blockchains, data servers, nodes, wallets, and services that connect applications to decentralized networks — that lets digital assets and decentralized apps operate reliably and securely. Think of it as the roads, power grid and mail system for a new online economy; investors watch it because its quality and adoption determine how fast decentralized products scale, how much revenue developers can capture, and how exposed projects are to technical failures or regulation.

tokenized royalty financial

"plans to launch a tokenized royalty and streaming product, providing direct access"

A tokenized royalty is a digital token that represents a slice of future payments from a revenue stream—like license fees from a patent, song, drug sales, or other intellectual property—and can be bought and sold on a blockchain-based market. For investors it turns a usually illiquid promise of future income into a tradable asset, offering direct exposure to that revenue and the potential for ongoing payouts or capital gains, much like buying a small, tradable share of a product’s future earnings.

streaming product financial

"plans to launch a tokenized royalty and streaming product, providing direct access"

A streaming product is a digital service that delivers continuous content or data over the internet—such as video, music, live events, games, or software functionality—so users can access it instantly without downloading the whole file. Investors care because these products often rely on subscriptions or regular usage, creating predictable revenue but also ongoing costs for content, bandwidth and customer retention; think of it like a water tap you pay for: steady flow matters, and so does how many people keep the tap running.

AI-generated analysis. Not financial advice.

WINTER PARK, Fla., Feb. 10, 2026 (GLOBE NEWSWIRE) -- Streamex Corp. (“Streamex” or the “Company”) (NASDAQ: STEX), an institutional-grade digital asset and real-world asset tokenization company, today provided a corporate update from its Co-Founder & Executive Chairman, Morgan Lekstrom, highlighting recent strategic progress, balance sheet strength, insider alignment, preparations for the upcoming launch of GLDY, and the 2026 strategic roadmap.

Executive Chairman Commentary

Morgan Lekstrom, Co-Founder & Executive Chairman of Streamex, commented:

“Streamex now has a strong, well-capitalized foundation as we move toward the launch of GLDY. The Company is supported by an experienced leadership team, newly strengthened board, and significant insider ownership exceeding 50%, creating a high degree of alignment with shareholders.

With the platform fully tested end-to-end, channel partners and vendors onboarded, and previously disclosed indications of interest in excess of $100 million now advancing toward final commitments, GLDY is shaping up for a successful launch. We expect to provide formal updates regarding launch timing and scale in the coming weeks.

As global markets continue to evolve toward tokenization and digital infrastructure, Streamex is focused on delivering an institutional-grade, compliant solution for holding and trading precious metals and other commodities, a total addressable market of approximately $120 trillion. We welcome engagement from investors and partners as we continue to execute on our strategy.”

Recent Events:

Robust, Fully Deleveraged Balance Sheet

Streamex has established a strong and clean balance sheet, positioning the Company with significant financial flexibility as it enters its next phase of growth.

The Company recently closed a $40.25 million underwritten public offering, priced at $3.00 per share with no warrants, including the full exercise of the underwriters’ over-allotment option. As a result, Streamex now holds approximately US$50 million in cash on its balance sheet.

Following the financing, the Company fully repaid its outstanding Secured Convertible Debentures and terminated its never-utilized Standby Equity Purchase Agreement. These actions have eliminated all debt and variable or contingent dilution instruments from the capital structure.

With no convertible debt, and no variable equity facilities, Streamex is now fully deleveraged, well-capitalized, and positioned to execute its strategic roadmap from a position of financial strength.

Significant Insider Purchases

Since January 1, 2026, senior officers and advisors of Streamex have collectively acquired approximately 1,247,011 shares of the Company’s common stock in open-market transactions, as disclosed in multiple SEC Form 4 filings.

Notable insider purchases include:

• Frank Giustra, Advisor, acquired 1,100,000 common shares at prices ranging from $3.00 to $3.17.
• Morgan Lekstrom, Executive Chairman, acquired 95,500 common shares at prices ranging from approximately $3.06 to $3.70.
• Mitchell Williams, Chief Investment Officer, acquired 51,511 common shares at a weighted average price of approximately $3.03.
  
  

Board and Management Appointments

Streamex has continued to enhance its governance and leadership capabilities through several key appointments:

• Morgan Lekstrom has been appointed Executive Chairman, bringing extensive experience in capital markets, corporate development, and public company leadership.
• Anthony Marciano, Clinical Professor of Finance at NYU Stern School of Business, has joined the Board as an independent director, contributing deep expertise in corporate finance, mergers and acquisitions, and financial markets.
• Kevin Gopaul has joined the Board of Directors, bringing more than 25 years of global asset management and capital markets experience, including senior leadership roles at BMO Global Asset Management where he helped scale a ~$100 billion ETF franchise.
• Russell Starr has been appointed Head of Capital Markets bringing over 25 years of capital markets experience across US Capital Markets, emerging technology, tokenized finance, and Web3 infrastructure.

2026 Product Roadmap

Streamex is advancing a focused product roadmap designed to efficiently scale its platform and expand institutional adoption across large commodity markets.

SLVY – Silver with Yield (Targeted for Q2 2026)
Following the launch of GLDY, the Company plans to introduce SLVY, a silver-backed, yield-generating product, targeted for mid-2026. The existing Monetary Metals partnership, infrastructure, compliance framework, and distribution channels established for GLDY are directly transferable to SLVY, enabling a plug-and-play launch. Silver represents a large, liquid global market with strong industrial and investment demand, making it a natural and strategic expansion for Streamex.

Tokenized Royalty and Streaming Product (Targeted by Year-End 2026)
By year-end 2026, Streamex plans to launch a tokenized royalty and streaming product, providing direct access to one of the most sought-after asset classes in the mining sector. Mining royalties and streams are typically only accessible through equity ownership or private transactions. Tokenization enables compliant, direct exposure to royalty cash flows, expanding investor access while addressing structural limitations in traditional markets.

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) at @streamex.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of applicable securities laws, including statements regarding Streamex’s strategy, product launches, market opportunity, and future performance. These statements are based on current expectations and assumptions that are subject to risks and uncertainties, many of which are beyond the Company’s control. Actual results may differ materially. Streamex undertakes no obligation to update forward-looking statements except as required by law.

Contacts

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

Morgan Lekstrom
Executive Chairman
contact@streamex.com | www.streamex.com | X.com/streamex

FAQ

When will Streamex (STEX) announce the official GLDY launch date and scale?

The company plans to provide formal GLDY launch timing and scale updates in the coming weeks. According to Streamex, platform testing is complete and indications of interest are advancing toward final commitments, but launch details are still being finalized.

How much cash does Streamex (STEX) have after its February 2026 financing?

Streamex holds approximately $50 million in cash following the offering. According to Streamex, the company completed a $40.25 million underwritten public offering priced at $3.00 per share and fully exercised the overallotment option.

What insider buying occurred at Streamex (STEX) in 2026 and what does it indicate?

Senior officers and advisors acquired about 1,247,011 shares in open-market transactions since January 1, 2026. According to Streamex, notable purchases included 1,100,000 shares by Frank Giustra and increased insider ownership now exceeds 50%.

What is SLVY and when does Streamex (STEX) plan to launch it?

SLVY is a silver-backed, yield-generating token product targeted for mid-2026 (Q2 2026). According to Streamex, the Monetary Metals partnership and GLDY infrastructure will enable a plug-and-play rollout using existing compliance and distribution channels.

What corporate governance changes did Streamex (STEX) announce on Feb 10, 2026?

Streamex appointed Morgan Lekstrom as Executive Chairman and added three experienced directors and a Head of Capital Markets. According to Streamex, new board members include Anthony Marciano and Kevin Gopaul, and Russell Starr joins as Head of Capital Markets.