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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 28, 2026
StablecoinX Inc.
(Exact name of registrant as specified in its charter)
| Delaware |
|
001-43372 |
|
39-3052555 |
(State or other jurisdiction of
incorporation or organization) |
|
(Commission File Number) |
|
(I.R.S. Employer
Identification No.) |
| 6160 Warren Parkway, Suite 100 |
|
|
| Frisco, TX |
|
75034 |
| (Address of principal executive offices) |
|
(Zip Code) |
(302) 803-6849
(Registrant’s telephone number, including
area code)
(Former name or former address, if changed since
last report)
Check the appropriate box below if the Form 8-K is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following provisions:
| ☐ |
Written communication 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 |
| Class A Common Stock, par value $0.0001 per share |
|
USDE |
|
The Nasdaq Stock Market LLC |
| Warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share |
|
USDEW |
|
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 7.01 Regulation FD Disclosure.
On October 28, 2026, StablecoinX
(the “Company”) posted an investor presentation to its website, a copy of which is attached as Exhibit 99.1 hereto. From time
to time, the Company may use this presentation, in whole or in part and possibly with modifications, in conversations with investors,
analysts and other interested parties. The presentation is also available on the Investor Relations page of the Company’s website
at https://stablecoinx.com. Information contained on or accessible through the Company’s website
is not a part of this Current Report on Form 8-K (this “Form 8-K”).
The information in Item 7.01
of this Form 8-K, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed to be “filed” for purposes
of Section 18 of the Exchange Act, or otherwise subject to the liability of such section, nor shall it be deemed incorporated by reference
in any filing of the Company under the Securities Act of 1933 or the Exchange Act, regardless of any general incorporation language in
such filing, unless expressly incorporated by specific reference in such filing.
Forward Looking Statements
This Form 8-K, including the
presentation attached hereto, contains certain forward-looking statements within the meaning of the U.S. federal securities laws, including
statements regarding the Company’s expectations, beliefs, intentions or strategies regarding the Company’s business strategy,
market opportunity and size, the growth of the Ethena ecosystem, the continued and future development of the Company’s operating
businesses, and the Company’s ability to execute its growth strategy. These forward-looking statements are generally identified
by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,”
“strategy,” “future,” “opportunity,” “potential,” “plan,” “may,”
“should,” “will,” “would,” “will be,” “will continue,” “will likely
result,” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events
or conditions that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors
could cause actual future events to differ materially from the forward-looking statements in this Form 8-K, including, but not limited
to, the Company’s ability to retain key personnel; the failure of StablecoinX to maintain the listing of its shares of Class A common
stock; costs incurred as a result of StablecoinX becoming a public company; changes in business, market, financial, political and regulatory
conditions; risks relating to StablecoinX’s operations and business; the risk that the anticipated benefits of the business combination
may not be realized; the highly volatile nature of the price of ENA and other products issued by Ethena; risks related to increased competition
in the industries in which StablecoinX operates; risks relating to significant legal, commercial, regulatory and technical uncertainty
regarding crypto assets, including stablecoins; risks relating to the treatment of crypto assets for U.S. and foreign tax purposes; risks
that StablecoinX experiences difficulties managing its growth and expanding operations; challenges in implementing StablecoinX’s
business plan including developing and launching its infrastructure services, StablecoinX Harness middleware and distribution services,
whether due to operational challenges, significant competition and regulation or other reasons; the outcome of any potential legal proceedings
that may be instituted against StablecoinX or others relating to the business combination, and other risks and uncertainties described
in the filings of StablecoinX with the Securities and Exchange Commission (the “SEC”). The inclusion of any statement in this
Form 8-K does not constitute an admission by StablecoinX or any other person that the events or circumstances described in such statement
are material. The foregoing list of risk factors is not exhaustive. You should carefully consider the foregoing factors and the other
risks and uncertainties described in the “Risk Factors” section of its prospectus dated September 14, 2026, and the other
documents that have been filed by StablecoinX with the SEC and other documents to be filed by StablecoinX from time to time with the SEC.
These filings do or will identify and address other important risks and uncertainties that could cause actual events and results to differ
materially from those contained in the forward-looking statements. There may be additional risks that StablecoinX does not presently know
or that StablecoinX currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking
statements.
Forward-looking statements
speak only as of the date they are made. The Company undertakes no obligation to update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise that occur after that date, except as otherwise provided by law.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. |
|
Description |
| 99.1 |
|
Investor Presentation, dated October 2026. |
| 104 |
|
Cover Page Interactive Data File (embedded with the Inline XBRL document). |
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.
Dated: October 28, 2026
| StablecoinX Inc. |
|
| |
|
|
| By: |
/s/ Young Cho |
|
| Name: |
Young Cho |
|
| Title: |
Chief Financial Officer |
|