StableCoinX Inc. (USDE): Completion of Acquisition or Disposition of Assets
StableCoinX Inc. (USDE) filed an SEC Form 8-K — Completion of Acquisition or Disposition of Assets. EX-2.4 2 ea029621001ex2-4.htm PLAN OF MERGER Exhibit 2.4 The Companies Act (As Revised) of the Cayman Islands Plan of Merger This plan of merger (the “ Plan of Merger ”) is made on June 25, 2026 between TLGY Acquisition Corporation (the “ Surviving Company ”) and StableCoinX SPAC
How this was made
The 30-second read
Why it matters
By confirming completion and laying out conversion/separation steps (SPAC units, Class A/B shares, and warrant conversions), the filing can clarify post-merger instrument economics and reduce deal-execution risk.
Market read
Deal completion and instrument conversion details can matter most for holders of SPAC units, Class A/B shares, and public/private warrants, affecting trading spreads and redemption expectations.
What to watch
Traders may need the missing parts of the 8-K (e.g., consideration, effective time, redemption outcomes, and any officer/director changes) to gauge real risk to equity and warrants.
Background
The 8-K references a Cayman surviving company and a Delaware merger sub, with a plan of merger tied to a previously announced business combination agreement (amended Jan 21, 2026).
Ticker impact
StableCoinX Inc. filed an 8-K stating completion of an acquisition/disposition and includes a merger plan exhibit detailing share/warrant conversions.
Near-term impact likely limited unless the market was still pricing deal completion or specific conversion/warrant outcomes.
This is a primary SEC 8-K completion filing with detailed conversion mechanics, but the excerpt provides no consideration value, cash proceeds, or immediate earnings impact.
Market effects
SPAC/crypto-adjacent corporate action mechanics (unit separation, warrant conversion) may affect liquidity and trading behavior in related structures, but no broader sector datapoint is provided.
No explicit regional macro or cross-border market linkage beyond Cayman/Delaware legal structure.
Limited; the disclosure is company-specific with no stated global operational change.
Counterpoint
Completion filings can be largely mechanical; if the market already anticipated the merger closing, incremental price impact may be minimal.
Key entities
- companyStableCoinX Inc.
USDE issuer filing the 8-K for completion of acquisition/disposition and merger mechanics.
- companyTLGY Acquisition Corporation
Cayman Islands surviving company in the plan of merger.
- companyStableCoinX SPAC Merger Sub LLC
Delaware merging company in the plan of merger.
