StableX Technologies, Inc. and Subsidiaries share their unaudited pro forma condensed consolidated balance sheet as of June 30, 2025.
The balance sheet showcases current assets, liabilities, mezzanine equity, and stockholders' equity.
Key adjustments were made regarding the sale of Series I Convertible Preferred Stock and reclassification of certain warrants.
Transaction Overview
Private Placement for Series I Convertible Preferred Stock resulted in gross proceeds of $7,000,000 with net cash proceeds of $6,200,000 after transaction costs.
Warrant Reclassification
Series H-7 and Series I Warrants were reclassified from liability-classified to equity-classified as per the Omnibus Amendment.
- The balance sheet adjustments reflect significant financial transactions and changes in equity classification.
- The reclassification of warrants impacts the financial reporting and balances of liabilities and equity.
The pro forma balance sheet highlights the impact of recent financial transactions and adjustments on StableX Technologies, Inc.'s financial position and equity structure.