StableCoinX (USDE) CTO-linked entity receives 105,000 shares via business combination grant
Rhea-AI Filing Summary
StableCoinX Inc. reported that Schulz von Jacob Ltd, an entity associated with Chief Technology Officer Aly Ahmed J., acquired 52,500 shares of Class A Common Stock and 52,500 shares of Class B Common Stock. These were awarded for no cash cost per share and are held indirectly.
The shares were issued in connection with the closing of a business combination among StableCoinX Inc., TLGY Acquisition Corp. and StablecoinX Assets Inc., through an exchange of SC Assets shares. The reporting person may be deemed to have voting and investment control but disclaims Section 16 beneficial ownership except for any pecuniary interest.
Positive
- None.
Negative
- None.
Insights
Routine equity awards tied to a business combination, neutral for valuation.
The filing shows indirect acquisitions of Class A and Class B Common Stock by Schulz von Jacob Ltd, related to CTO Aly Ahmed J. These are classified as grants or awards with a per-share price of $0.00, issued as part of a business combination share exchange.
Because the transactions are non-cash awards and not open-market purchases or sales, they provide limited insight into the insider's near-term market view. The reporting person also disclaims Section 16 beneficial ownership beyond any pecuniary interest, underscoring that these are primarily structural equity allocations linked to the merger closing rather than discretionary trading.
Insider Trade Summary
Net Buyer: 105,000 shares
Net Buy
2 txns
Insider
Aly Ahmed J.
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 52,500 | $0.00 | $0.00 |
| Grant/Award | Class B Common Stock | 52,500 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 52,500 shares (Indirect, By Schulz von Jacob Ltd);
Class B Common Stock — 52,500 shares (Indirect, By Schulz von Jacob Ltd)
Footnotes (3)
- F1. These shares of Class A Common Stock of the Issuer were issued in connection with the closing of the business combination (the "Business Combination") among StablecoinX Inc. (the "Issuer"), TLGY Acquisition Corp. ("TLGY"), and StablecoinX Assets Inc. ("SC Assets"), pursuant to the terms of the Business Combination Agreement, dated July 21, 2025, by and among the Issuer, TLGY, SC Assets and the other parties thereto (as amended, the "Business Combination Agreement") upon the exchange of shares of SC Assets Class B Common Stock held by the Reporting Person hereunder.
- F2. The reporting person is the Managing Partner of this entity and may be deemed to have voting and investment control with respect to the securities held of record by this entity. The reporting person disclaims Section 16 beneficial ownership of the securities held by this entity, except to the extent of his pecuniary interest therein, if any.
- F3. These shares of Class B Common Stock of the Issuer were issued in connection with the closing of the Business Combination pursuant to the terms of the Business Combination Agreement, upon the exchange of shares of SC Assets Class B Common Stock held by the Reporting Person hereunder. The Reporting Person disclaims Section 16 beneficial ownership of the securities hereby, except to the extent of his pecuniary interest therein, if any.
Key Figures
Class A shares granted: 52,500 shares
Class B shares granted: 52,500 shares
Price per share (Class A): $0.00 per share
+3 more
6 metrics
Class A shares granted
52,500 shares
Grant/award acquisition on June 25, 2026
Class B shares granted
52,500 shares
Grant/award acquisition on June 25, 2026
Price per share (Class A)
$0.00 per share
Non-derivative award, June 25, 2026
Price per share (Class B)
$0.00 per share
Non-derivative award, June 25, 2026
Class A holdings after transaction
52,500 shares
Indirectly owned by Schulz von Jacob Ltd
Class B holdings after transaction
52,500 shares
Indirectly owned by Schulz von Jacob Ltd
Key Terms
Class A Common Stock, Class B Common Stock, Business Combination, Business Combination Agreement, +1 more
5 terms
Class A Common Stock financial
"These shares of Class A Common Stock of the Issuer were issued in connection with the closing of the business combination"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Class B Common Stock financial
"These shares of Class B Common Stock of the Issuer were issued in connection with the closing of the Business Combination"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
Business Combination financial
"were issued in connection with the closing of the business combination among StablecoinX Inc., TLGY Acquisition Corp., and StablecoinX Assets Inc."
A business combination happens when two or more companies join together to operate as one, like two friends merging their teams into a single group. This is important because it can change how companies grow, compete, and make money, often making them bigger and more powerful in the market.
Business Combination Agreement financial
"pursuant to the terms of the Business Combination Agreement, dated July 21, 2025"
A business combination agreement is a detailed contract that lays out the terms for two companies to join together—covering price, how ownership will be split, the steps needed to close the deal, and what each side promises to do or avoid before closing. For investors it matters because the agreement determines potential changes in value, control, timing, and risk exposure—think of it like the playbook for a merger that shows who wins, who pays, and what could still derail the plan.
Section 16 beneficial ownership regulatory
"The reporting person disclaims Section 16 beneficial ownership of the securities held by this entity, except to the extent of his pecuniary interest therein"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did StableCoinX (USDE) disclose in this Form 4?
StableCoinX reported indirect acquisitions of 52,500 Class A and 52,500 Class B Common shares by Schulz von Jacob Ltd, an entity tied to CTO Aly Ahmed J., as equity awards related to a business combination, with a reported price of $0.00 per share.
What is the connection between these StableCoinX (USDE) grants and the business combination?
The shares were issued in connection with closing a business combination among StableCoinX Inc., TLGY Acquisition Corp., and StablecoinX Assets Inc. They result from exchanging previously held StablecoinX Assets Class B shares into StableCoinX Class A and Class B shares under the Business Combination Agreement.
Does this StableCoinX (USDE) Form 4 indicate insider buying or selling on the market?
The Form 4 does not show market buying or selling. It records grant or award acquisitions classified under transaction code “A,” with a $0.00 price, arising from the share exchange in the business combination rather than open-market trades by the insider or the associated entity.