Streamex Corp. announced the full repayment of $50 million in secured convertible debentures held by YA II PN, LTD., including a $3.5 million prepayment premium, and the cancellation of a Standby Equity Purchase Agreement. Concurrently, Co-Founder Morgan Lekstrom was appointed Executive Chairman.
Key takeaways
The Company fully repaid the Yorkville Debentures for an aggregate cash payoff amount of $38,902,740 on February 6, 2026.
Holder YA II PN, LTD. elected to convert $15,000,000 of principal into 3,750,000 shares of common stock at $4.00 per share prior to repayment.
The repayment included $35,000,000 of remaining principal, $3,500,000 of prepayment premium, and $402,740 of accrued interest.
The Standby Equity Purchase Agreement (SEPA) with Yorkville, which was never utilized, was terminated.
Morgan Lekstrom, Co-Founder and Chairman, was appointed Executive Chairman and joined the executive leadership team on February 9, 2026.
A prospectus supplement was filed to register 2,443,750 shares previously issued to Terra Capital Natural Resources Fund Pty Ltd. on December 11, 2025.