Streamex Corp. announced that co-founders Henry McPhie and Morgan Lekstrom entered into voluntary one-year lock-up agreements on March 26, 2026, restricting the sale of their common stock. The company also refuted inaccurate third-party claims regarding previous lock-up agreements, clarifying that only 42,887,599 shares were subject to earlier 60-day lock-ups.
Key takeaways
Co-founders Henry McPhie and Morgan Lekstrom entered into voluntary one-year lock-up agreements on March 26, 2026.
The lock-up agreements restrict the sale, transfer, or disposal of common stock and convertible securities for one year.
The company refuted third-party posts claiming 89,833,535 shares were subject to lock-up agreements, stating the information was materially inaccurate.
Previous lock-up agreements from January 22, 2026 covered 42,887,599 shares (21,014,450 by McPhie and 20,707,421 by Lekstrom) for 60 days.
The January 26, 2026 financing involved a confidentially marketed public offering with freely tradable shares not subject to lock-up restrictions.
The lock-up agreements permit limited exceptions including bona fide gifts, transfers to family members, and open market purchases.