Tokenization and Digitalization
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Streamex Corp. (NASDAQ: STEX) Announces Pricing of $35 Million Public Offering
Globenewswire· 2026-01-23 02:03
Core Viewpoint - Streamex Corp. has announced a public offering of 11,666,667 shares of common stock at a price of $3.00 per share, aiming to raise approximately $35 million in gross proceeds to repay debt and for general corporate purposes [1][5]. Group 1: Offering Details - The public offering is expected to close on or around January 26, 2026, subject to customary closing conditions [1]. - The company has granted underwriters a 30-day option to purchase up to an additional 1,750,000 shares at the public offering price [1]. - Needham & Company and Siebert are acting as joint book-running managers for the offering [2]. Group 2: Financial and Corporate Strategy - The net proceeds from the offering will be used to repay prior indebtedness and for working capital and general corporate purposes [1]. - The offering is made pursuant to a shelf registration statement on Form S-3, which was declared effective by the SEC on December 17, 2024 [3]. Group 3: Company Overview - Streamex Corp. is focused on the tokenization and digitalization of real-world assets, providing institutional-grade solutions that integrate traditional commodities and assets into blockchain-enabled markets [5]. - The company aims to deliver transparent, scalable, and compliant digital asset solutions [5].