{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-021102","form_type":"8-K","ticker":"STEX","cik":"0001530766","company_name":"Streamex Corp.","filed_at":"2025-11-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.655952+00:00","generated_at":"2026-05-16T23:39:33.614310+00:00","sec_items":["1.01","2.03","3.02","7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Streamex closes $25M convertible debenture; proceeds to purchase physical gold bullion","bullets":["Issued $25M principal convertible debenture to YA II PN, Ltd.; net proceeds ~$24M (96% of principal).","Debenture matures Nov 2027, 4% interest (18% on default); conversion price lower of $6.016 or 97% of 3-day VWAP with $4 floor.","All net proceeds allocated to physical allocated gold bullion, reinforcing gold-backed balance sheet.","Remaining $25M tranche available after S-3 registration effectiveness and other closing conditions.","Placement agents: Cantor, Clear Street, Needham; CIBC as strategic advisor."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-021102","json":"https://secwatch.observer/filing/0001493152-25-021102.json","markdown":"https://secwatch.observer/filing/0001493152-25-021102.md","text":"https://secwatch.observer/filing/0001493152-25-021102.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1530766/000149315225021102/0001493152-25-021102-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1530766/000149315225021102/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T23:39:33.614310+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":"11034613745ce4667db31a71a40bcb6e20fcc178","claim":"Streamex Corp. incurred convertible notes of $25,000,000 with YA II PN, LTD. at 4.00% per annum, increasing to 18.00% per annum upon an event of default maturing November 4, 2027.","evidence_excerpt":"Further to this, on November 4, 2025 (the “First Closing Date”), the Company issued an initial tranche of Convertible Debenture to Yorkville with a principal amount of $25,000,000 (the “First Convertible Debenture”). The First Convertible Debenture will mature on November 4, 2027, and will accrue interest at the rate of 4.00% per annum, which will increase to 18.00% per annum upon the occurrence of an event of default, until such event of default is cured.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1530766/000149315225021102/0001493152-25-021102-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$25,000,000"},{"label":"Counterparty","value":"YA II PN, LTD."},{"label":"Rate","value":"4.00% per annum, increasing to 18.00% per annum upon an event of default"},{"label":"Maturity","value":"November 4, 2027"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"fc50cadff9e5958136a757155a698383d9b3413a","claim":"Streamex Corp. issued convertible note to YA II PN, LTD. for $25,000,000 principal amount.","evidence_excerpt":"the Company issued an initial tranche of Convertible Debenture to Yorkville with a principal amount of $25,000,000 (the \"First Convertible Debenture\").","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1530766/000149315225021102/0001493152-25-021102-index.htm","confidence":0.95,"family_label":"Equity Issuances","details":[{"label":"Security","value":"convertible note"},{"label":"Purchaser","value":"YA II PN, LTD."},{"label":"Consideration","value":"$25,000,000 principal amount"}],"fact_type":"equity_issuance"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}