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2025-10-31
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES
EXCHANGE ACT OF 1934
Date
of Report
(Date
of earliest event reported):
October
31, 2025
StableX
Technologies, Inc.
(Exact
name of registrant as specified in its charter)
| Delaware |
|
001-34643 |
|
98-0204758 |
| (State or other jurisdiction
of |
|
(Commission |
|
(IRS Employer |
| incorporation) |
|
File No.) |
|
Identification No.) |
1185
Avenue of the Americas
New
York, NY 10036
(Address
of principal executive offices and zip code)
512-994-4917
(Registrant’s
telephone number, including area code)
AYRO,
Inc.
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
| ☐ |
Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| |
|
| ☐ |
Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| |
|
| ☐ |
Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| |
|
| ☐ |
Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act:
| Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
| Common stock, par value
$0.0001 per share |
|
SBLX |
|
The Nasdaq Stock Market
LLC |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers
On
October 31, 2025 (the “Grant Date”), the Board of Directors (the “Board”) of StableX Technologies, Inc. (the
“Company”), based on the recommendation of the Compensation and Human Resources Committee of the Board, approved a
grant to each of Joshua Silverman, the Company’s Chief Executive Officer, and each non-employee director of the Company,
including Sebastian Giordano, Zvi Joseph, Greg Schiffman and Wayne Walker (collectively, the “Grantees”), stock options (“Options”)
to purchase an aggregate of 311,405 shares of common stock, par value $0.0001 per share (“Common Stock”), of the Company
consisting of: (i) Options to purchase up to 220,513 shares of Common Stock to Mr. Silverman and (ii) Options to purchase up to 22,723
shares of Common Stock to each non-employee director of the Company, with such Options having an exercise price equal to the
greater of (i) $6.25 per share or (ii) the fair market value (as defined in the StableX Technologies, Inc. Long-Term Incentive Plan (the
“Plan”)) per share on the Grant Date. The Options have a term of ten years and vest as follows: 75% of each of the respective
Options vested on the Grant Date and 25% of each of the respective Options will vest on December 31, 2025, provided that in each
case, the applicable Grantee is employed by or providing services to the Company through the applicable vesting date. The Options were
granted pursuant to the Plan.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
| Date: October 31, 2025 |
StableX Technologies, Inc. |
| |
|
| |
By: |
/s/ Joshua
Silverman |
| |
Name: |
Joshua Silverman |
| |
Title: |
Chief Executive Officer |