secwatch.observer — SEC 8-K summary
======================================

Issuer:     StableCoinX Inc. (USDE)
CIK:        0002080215
Form:       8-K
Filed at:   2026-08-24T20:30:28+00:00
Accession:  0001213900-26-093069
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2080215/000121390026093069/0001213900-26-093069-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2080215/000121390026093069/ea0303125-8k_stablecoinx.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-093069

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer