Streamex Corp. (NASDAQ: STEX) Announces Issuance of Prepayment Notice for Previously Announced Convertible Debenture Financing & Notice of Termination for Standby Equity Purchase Agreement

Core Viewpoint - Streamex Corp. has announced the delivery of an optional prepayment notice for its Secured Convertible Debentures and the cancellation of its Standby Equity Purchase Agreement with Yorkville, aiming for a cleaner balance sheet as it prepares for significant growth in the upcoming year [1][5]. Group 1: Prepayment Notice for Secured Convertible Debentures - The company has outstanding Secured Convertible Debentures totaling $50 million, with an intention to prepay the entire principal amount plus a 10% prepayment premium [2]. - Following the prepayment notice, the holder has ten trading days to convert the debentures, with the company required to make the prepayment on the eleventh trading day [2]. Group 2: Cancellation of Standby Equity Purchase Agreement - The company has terminated the Standby Equity Purchase Agreement with Yorkville, which allowed for the issuance and sale of up to $1 billion of common stock over a 36-month period [3][4]. - The company has not utilized the SEPA and has full control over the timing and amount of any potential sales of common stock [3]. Group 3: Company Overview and Future Outlook - Streamex Corp. focuses on the tokenization and digitalization of real-world assets, providing institutional-grade solutions that bridge traditional finance and blockchain markets [5]. - The CEO expressed optimism about the company's position for sustained growth, particularly with the upcoming GLDY launch and a recently completed equity raise [5].