---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-028606"
form_type: "8-K"
ticker: "STEX"
cik: "0001530766"
company_name: "Streamex Corp."
filed_at: "2025-12-19T23:59:59+00:00"
generated_at: "2026-05-16T12:34:02.343728+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# StreamEx Corp. issues $25M second tranche convertible debenture to Yorkville

## Summary
- Issued $25M principal convertible debenture to YA II PN (Yorkville) with net proceeds of ~$24M.
- Conversion price is lower of $6.016 (subject to reset) or 97% of lowest 3-day VWAP, floor $4.00.
- Matures Dec 17, 2027; interest 4% (18% upon default); prepayment allowed with 10% premium.
- Investor conversion capped at 4.99% beneficial ownership; shares issued under Section 4(a)(2) exemption.
- Amendment No. 4 to Debenture Purchase Agreement modifies closing conditions with no material term changes.

## SEC filing metadata
- accession: 0001493152-25-028606
- form_type: 8-K
- ticker: STEX
- cik: 0001530766
- company_name: Streamex Corp.
- filed_at: 2025-12-19T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1530766/000149315225028606/0001493152-25-028606-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1530766/000149315225028606/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-028606
- JSON: https://secwatch.observer/filing/0001493152-25-028606.json
- Plain text: https://secwatch.observer/filing/0001493152-25-028606.txt

## Key facts
- Debt Financings
  Streamex Corp. incurred convertible notes of $25,000,000 with YA II PN, LTD. at 4.00% per annum, which will increase to 18.00% per annum upon the occurrence of maturing December 17, 2027.
  - Instrument: convertible notes
  - Principal: $25,000,000
  - Counterparty: YA II PN, LTD.
  - Rate: 4.00% per annum, which will increase to 18.00% per annum upon the occurrence of
  - Maturity: December 17, 2027
  - Event: incurrence
  source text: on December 17, 2025 (the “Second Closing Date”), the Company issued the second tranche of Convertible Debenture to Yorkville with a principal amount of $25,000,000 (the “Second Convertible Debenture”), on similar terms as the initial tranche of Convertible Debenture to Yorkville, dated November 4, 2025, as disclosed in our Prior Form 8-Ks.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1530766/000149315225028606/0001493152-25-028606-index.htm
- Equity Issuances
  Streamex Corp. issued convertible note to YA II PN, LTD. (Yorkville) for principal amount of $25,000,000.
  - Security: convertible note
  - Purchaser: YA II PN, LTD. (Yorkville)
  - Consideration: principal amount of $25,000,000
  source text: on December 17, 2025 (the "Second Closing Date"), the Company issued the second tranche of Convertible Debenture to Yorkville with a principal amount of $25,000,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1530766/000149315225028606/0001493152-25-028606-index.htm
- Material Agreements
  Streamex Corp. entered into Second Convertible Debenture (second tranche) with YA II PN, LTD. valued at Issuance of second tranche convertible debenture with principal amount of $25,000,000; conversion pr (effective 2025-12-17).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: YA II PN, LTD.
  - Value: Issuance of second tranche convertible debenture with principal amount of $25,000,000; conversion pr
  - Effective: 2025-12-17
  source text: greement with YA II PN, LTD., a Cayman Islands exempt limited company (“Yorkville” or the “Investor”), for the issuance and sale by the Company of convertible debentures (the “Convertible Debentures,” each, a “Convertible Debenture”), which Convertible Debentures will be convertible into shares of the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1530766/000149315225028606/0001493152-25-028606-index.htm
- Material Agreements
  Streamex Corp. amended Secured Convertible Debenture Purchase Agreement Amendment No. 4 with YA II PN, LTD. valued at Amendment to Secured Convertible Debenture Purchase Agreement; $25,000,000 second tranche convertibl (effective 2025-12-17).
  - Action: amendment
  - Agreement: notes offering
  - Counterparty: YA II PN, LTD.
  - Value: Amendment to Secured Convertible Debenture Purchase Agreement; $25,000,000 second tranche convertibl
  - Effective: 2025-12-17
  source text: Further to this, on December 17, 2025, the Company entered into a certain Amendment No. 4 to the Debenture Purchase Agreement (the “Fourth Amendment”) with Yorkville.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1530766/000149315225028606/0001493152-25-028606-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.