debt
confidence high
sentiment positive
materiality 0.95
BioSig announces up to $1.1B financing: $100M convertible debentures + $1B equity line for gold tokenization
Streamex Corp.
- Issues $75M first tranche convertible debenture at 96% of par, 4% interest, 24-month maturity; conversion price tied to VWAP with 20% floor and 19.99% exchange cap.
- Second $25M tranche requires SEC registration effectiveness; proceeds to acquire gold bullion and develop Solana-based RWA tokenization platform.
- SEPA allows sale of up to $1B common stock over 36 months at 97% of 3-day VWAP; subject to exchange cap unless shareholder approval or price >= $9.414.
- Insiders sign 180-day lock-up; Cantor, Clear Street, Needham lead placement; CIBC advising; closing expected by Oct 7, 2025 subject to shareholder approval.
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