StableX Technologies (SBLX) Proxy Filing summary

Executive summary

• Special Meeting scheduled for October 3, 2025, to be held virtually to maximize participation and reduce costs and environmental impact.

• Stockholders will vote on three key proposals: issuance of new shares related to a private placement, amendment to the long-term incentive plan, and potential adjournment of the meeting.

• Board recommends voting in favor of all proposals.

Voting matters and shareholder proposals

• Issuance Proposal: Authorize issuance of common stock underlying Series I Preferred Stock and warrants, potentially exceeding 20% of pre-issuance outstanding shares, to comply with Nasdaq Listing Rule 5635(d).

• Incentive Plan Amendment Proposal: Increase shares authorized under the long-term incentive plan by 135,627, totaling 400,000 shares.

• Adjournment Proposal: Allow adjournment of the meeting if more time is needed to solicit votes.

• No dissenters' or appraisal rights are available for these matters.

Board of directors and corporate governance

• Board fixed September 5, 2025, as the record date for voting eligibility.

• Joshua Silverman, CEO, is designated as the proxy for the meeting.

• Board and executive officers are eligible for awards under the incentive plan and thus have a personal interest in its approval.