{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-004629","form_type":"8-K","ticker":"STEX","cik":"0001530766","company_name":"Streamex Corp.","filed_at":"2024-02-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.515875+00:00","generated_at":"2026-06-06T11:00:54.496279+00:00","sec_items":["2.05","5.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"BioSig cuts 16 employees (including COO, CCO) to reduce annual cash burn by ~50%","bullets":["Workforce reduction completed January 31, 2024; 16 employees departed, including COO John Sieckhaus and CCO Gray Fleming.","Estimated total costs: ~$919,249, mostly in equity: consulting ($205k), severance ($135k), retention bonuses ($579k).","Sieckhaus and Fleming will continue as consultants for 2 and 4 months, paid $48,533 and $138,667 in equity respectively.","Goal is to reduce annual cash burn by approximately 50%."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-004629","json":"https://secwatch.observer/filing/0001493152-24-004629.json","markdown":"https://secwatch.observer/filing/0001493152-24-004629.md","text":"https://secwatch.observer/filing/0001493152-24-004629.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1530766/000149315224004629/0001493152-24-004629-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1530766/000149315224004629/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T11:00:54.496279+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":[{"claim_id":"31665bda9f","claim":"John Sieckhaus departed as other_named_officer at Streamex Corp..","evidence_excerpt":"Mr. Sieckhaus and Mr. Fleming, effective as of the Effective Date, are departing from the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1530766/000149315224004629/0001493152-24-004629-index.htm","confidence":0.8,"family_label":"Executive change","details":[{"label":"Action","value":"departing"}],"fact_type":"executive_change"},{"claim_id":"c454a5f9d7","claim":"Gray Fleming departed as other_named_officer at Streamex Corp..","evidence_excerpt":"Mr. Sieckhaus and Mr. Fleming, effective as of the Effective Date, are departing from the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1530766/000149315224004629/0001493152-24-004629-index.htm","confidence":0.8,"family_label":"Executive change","details":[{"label":"Action","value":"departing"}],"fact_type":"executive_change"},{"claim_id":"800920b58914657d786a508dc1c2ddf5b1268912","claim":"Streamex Corp. announced a restructuring with charges of approximately $919,249 (sixteen employees).","evidence_excerpt":"the Company estimates it will incur total aggregate costs of approximately $919,249, which consists of: payments for consulting services paid in equity in the estimated amount of $205,325; one-time departure fees and severance packages for employees in equity, based on factors including years of employment, in the estimated amount of $135,288; and retention bonuses paid in equity in the estimated amount of $578,636.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1530766/000149315224004629/0001493152-24-004629-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $919,249"},{"label":"Headcount","value":"sixteen employees"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}