StablecoinX restructures $6.9M SPAC promissory notes into cash and two tranches of warrants

StableCoinX Inc.

Agreement dated Aug 21, 2026 with former SPAC sponsors (TLGY Sponsors, CPCSO, CPCSO Parallel) to restructure ~$6.9M Prior Notes.
Payment: 5% cash, 47.5% in Tranche A warrants at $1.00 each (exercise $11.50), 47.5% in Tranche B warrants at $0.75 each (exercise $15.00).
Warrants exercisable 30 days post-issuance; Tranche A expire June 25, 2031, Tranche B expire eight years after issuance; cashless exercise while held by sponsors.
Sponsors waive all claims on Prior Notes; notes cancelled after cash and warrants delivered; warrants unregistered under Section 4(a)(2).

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.