other material
confidence high
sentiment negative
materiality 0.85
Stablecoin Development Corp issues 22.6M shares upon cashless exercise of amended pre-funded warrants
Stablecoin Development Corp
- On June 12-15, 2026, amended pre-funded warrants issued October 2025 to R01 Fund LP and Framework Ventures IV L.P. to remove exercise restrictions.
- Both holders fully exercised on cashless basis; company issued 22,614,600 shares of common stock.
- Shares outstanding increased to 50,449,780 as of June 15, 2026, from approximately 27.8M prior.
- Dilution of roughly 81% due to new shares issued at no additional cash proceeds.