{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-074559","form_type":"8-K","ticker":"USDE","cik":"0002080215","company_name":"StableCoinX Inc.","filed_at":"2026-07-02T01:57:43+00:00","discovered_at":"2026-07-02T10:10:00.211337+00:00","generated_at":"2026-07-02T10:10:11.217764+00:00","sec_items":["1.01","2.01","5.06","5.02","3.02","3.03","5.01","5.03","5.05","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"StablecoinX completes SPAC merger with TLGY, raises ~$893M PIPE, begins trading on Nasdaq","bullets":["Closed business combination with TLGY Acquisition Corp. on June 25, 2026; now publicly traded on Nasdaq under USDE and USDEW.","PIPE investment of ~$893M, including ~$349M in ENA tokens and ~$544M in cash, from institutional investors.","Ethena OpCo contributed $60M of ENA tokens at 30% discount, now holds majority voting power.","Post-closing shares: 27,187,129 total (24,029,375 Class A, 3,157,754 Class B); TLGY insiders locked up for 6 months.","Company focuses on infrastructure software and services for the Ethena ecosystem, including validator operations and Stablecoin Harness middleware."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-074559","json":"https://secwatch.observer/filing/0001213900-26-074559.json","markdown":"https://secwatch.observer/filing/0001213900-26-074559.md","text":"https://secwatch.observer/filing/0001213900-26-074559.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2080215/000121390026074559/0001213900-26-074559-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2080215/000121390026074559/ea0296210-8k_stablecoinx.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-02T10:10:11.217764+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}