Co-Founders & Largest Shareholders Voluntarily Lock Up Shares for One Year, Refuting Misinformation

summarizeSummary

Streamex Corp.'s CEO and Executive Chairman, who are also co-founders and largest shareholders, voluntarily entered into one-year lock-up agreements for their substantial equity holdings, explicitly refuting market misinformation about prior lock-up expirations.

check_boxKey Events · Executive and Board Changes · STEX

• Co-Founders Enter Voluntary One-Year Lock-Up

  CEO Henry McPhie and Executive Chairman Morgan Lekstrom, co-founders and largest shareholders, agreed not to sell their shares for one year, effective March 26, 2026.

• Refutes Market Misinformation

  The company issued a press release to clarify and formally refute inaccurate third-party reports about the purported expiration of significant lock-up agreements.

• Significant Insider Commitment

  The locked-up shares, totaling approximately 41.7 million, represent a substantial portion of the company's equity, signaling strong long-term confidence.

• Follows Prior Lock-Up Expiration

  This new voluntary lock-up immediately follows the expiration of previous 60-day lock-up agreements for the same executives, reinforcing their commitment.

auto_awesomeAnalysis · STEX · Industrial Applications And Services

The voluntary one-year lock-up agreements by CEO Henry McPhie and Executive Chairman Morgan Lekstrom are a powerful signal of long-term commitment and confidence in Streamex Corp. This action, taken immediately after the expiration of prior 60-day lock-ups, directly addresses and refutes third-party misinformation regarding potential insider share sales. By preventing the sale of approximately 41.7 million shares for a full year, the co-founders remove a significant potential overhang on the stock and demonstrate strong alignment with shareholder interests. This move aims to stabilize investor sentiment and counter negative speculation.