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Streamex Corp. (NASDAQ: STEX) Announces Issuance of Prepayment Notice for Previously Announced Convertible Debenture Financing & Notice of Termination for Standby Equity Purchase Agreement
WINTER PARK, Fla., Jan. 23, 2026 (GLOBE NEWSWIRE) -- Streamex Corp. (“Streamex” or the “Company”) (NASDAQ: STEX), a leader in institutional-grade tokenization
About this update from Streamex Corp.
[{"type":"text","content":"WINTER PARK, Fla., Jan. 23, 2026 (GLOBE NEWSWIRE) -- Streamex Corp. (“Streamex” or the “Company”) (NASDAQ: STEX), a leader in institutional-grade tokenization of commodity assets, today announced that it has delivered an optional prepayment notice to the holder of its Secured Convertible Debentures, YA II PN, LTD., a Cayman Islands exempt limited company (“Yorkville” or “Holder”). It has also issued notice to cancel the Standby Equity Purchase Agreement (the “SEPA”) previously entered into with Yorkville. Prepayment Notice for Secured Convertible Debentures As previously disclosed, the Company has outstanding Secured Convertible Debentures dated November 4, 2025, and December 17, 2025, with the Holder in the aggregate principal amount of $50 million (collectively, the “Debentures”). Today, the Company issued an Optional Prepayment Notice (the “Notice”) to Holder, indicating its intention to prepay the entire outstanding Principal balance of $50 million, plus a Prepayment Premium of 10% as provided in the Debentures. Following receipt of the Notice, the Holder has ten (10) trading days to elect to convert all or any portion of the Debentures, and the Company is required to make the prepayment on the eleventh (11th) trading day after the Notice date, after giving effect to any conversions during such period. Cancellation of Standby Equity Purchase Agreement As previously disclosed, the Company is party to a SEPA facility with Yorkville, pursuant to which the Company had the right, but not the obligation, to issue and sell to Yorkville up to $1,000,000,000 of its Common Stock, from time to time during the 36-month commitment period under the SEPA, subject to certain terms, limitations and conditions. As provided in the SEPA, the Company has control over the timing and amount of any sales of Common Stock to the Yorkville at its discretion, and as further provided under the SEPA. The Company has not and will not utilize the SEPA. Today as well, the Company issued a notice of termination of the SEPA. Additional information regarding the Debentures and the SEPA is included in the Company’s Current Reports on Form 8-K filed with the SEC on July 9, 2025, August 13, 2025, October 29, 2025, November 6, 2025 and December 19, 2025. Quote from CEO Henry McPhie “By issuing notice to retire the convertible debenture and notice to cancel the SEP...