Frank Giustra, identified as owning approximately 10% of Streamex Corp., purchased 1,000,000 shares of the company’s common stock on January 23, 2026. The shares were acquired at $3.00 apiece, making the disclosed value of the trade $3,000,000.
Following the January 23 transaction, Giustra is reported to hold a total of 1,178,205 shares of Streamex, a position he controls directly and indirectly through an entity over which he exercises voting and dispositive control.
Separately, Streamex completed a public offering that raised approximately $35 million. The company sold 11,666,667 shares at $3.00 per share in the offering, and the deal includes an option for underwriters to purchase an additional 1,750,000 shares.
Streamex also disclosed plans to prepay $50 million in convertible debt, plus a 10% premium, to YA II PN, LTD. In conjunction with the recent financing and corporate actions, shareholders approved several proposals, including the election of Morgan Lekstrom and Karl Henry McPhie to the board of directors and amendments to the company’s incentive plan.
The public offering was managed by Needham & Company and Siebert, each acting as joint book-running managers. Company disclosures indicate that Streamex had initially announced its intention to offer shares subject to market conditions, and that the final terms of the offering were set when the shares were priced at $3.00 each.
These items - the insider purchase by Giustra, the closing of the public offering with an over-allotment option, the planned prepayment of convertible debt, and the shareholder-approved corporate governance changes - are presented together in the company’s recent filings and disclosures as part of Streamex’s latest corporate and financing activities.
Summary
On January 23, 2026, Frank Giustra bought 1,000,000 Streamex shares at $3.00 per share for $3,000,000, increasing his total held position to 1,178,205 shares controlled directly and indirectly. The purchase occurred as Streamex closed a roughly $35 million public offering priced at $3 per share, which included an underwriters’ option for 1,750,000 additional shares. The company also announced plans to prepay $50 million of convertible debt plus a 10% premium to YA II PN, LTD, and reported shareholder approvals for director elections and incentive plan amendments.