S

StableCoinX Inc.

USDEFiled

StableCoinX Inc. · Nasdaq · latest filing 2026-09-17

Report source
One-minute decisionBASIC RESEARCHSource completeness · 70%

IPO research

StablecoinX is a Nasdaq-listed digital-asset infrastructure and treasury company registering resale securities and warrant exercises, rather than conducting a conventional primary IPO. The filing highlights substantial ENA, Ethena-ecosystem, regulatory, dilution and resale-supply risks.

StablecoinX’s S-1/A registers resale securities and warrant exercises; its Class A shares and public warrants closed at $7.61 and $2.09, respectively, on September 8, 2026.

Where does the money go?Awaiting verificationS-1/A · 2026-09-09
Ownership and votingAwaiting verified holder data— economic · — voting
Next disclosed checkpointMonitor subsequent SEC amendments, selling-stockholder sales, warrant exercises, lock-up expiry and ENA unlock or market developments.S-1/A · 2026-09-09

Capital destination

Awaiting verification

S-1/A · 2026-09-09

Share-type percentages are not net-proceeds percentages. Amounts retain their stated gross/net basis; do not add unlike bases.

Check the source · S-1/A ↗
Next checkMonitor subsequent SEC amendments, selling-stockholder sales, warrant exercises, lock-up expiry and ENA unlock or market developments.
Latest filing2026-09-17

Capital destination

Awaiting verification

S-1/A · 2026-09-09

Share-type percentages are not net-proceeds percentages. Amounts retain their stated gross/net basis; do not add unlike bases.

Check the source · S-1/A ↗
BOOKRUNNERS / LEAD UNDERWRITERSBookrunners / lead underwriters
NOT YET DISCLOSED

Names not yet published

Fully diluted valuation bridge

StatusReference
Awaiting verificationSource ↗

Basic-price scenario

A verified single offer price and basic post-offer share count are required. This is a data gap, not a paid lock.

Check the source · S-1/A ↗

Holder data awaits verification

Ethena OpCo controls a majority of voting power. The supplied selling-stockholder table lists substantial resale positions, but complete dual-class ownership and voting percentages are unavailable. · 2026-09-09

Ethena OpCo controls a majority of voting power. The supplied selling-stockholder table lists substantial resale positions, but complete dual-class ownership and voting percentages are unavailable.

One disclosed holder; not a complete ownership distribution.Check the source · S-1/A ↗

Conditional lock-up timeline

StatusReference
Awaiting verificationSource ↗

Financial quality and runway

StatusReference
Awaiting verificationSource ↗

Latest filing update

Loading saved filing update…

SEC filing history

Loading filing history…

Risk 1

The company states that investors could lose all or part of their investment.

Potential impact
Awaiting verification
Monitor
Monitor subsequent SEC amendments, selling-stockholder sales, warrant exercises, lock-up expiry and ENA unlock or market developments.
SEC EDGAR

S-1/A

2026-09-17

Open SEC filing ↗