StableX Technologies (SBLX) Registration Filing summary

Company overview and business model

• Historically focused on compact, sustainable electric vehicles for closed campus and last-mile delivery markets; recently shifted to a digital asset-based treasury strategy targeting crypto tokens in the stablecoin industry for yield and capital appreciation.

• Strategic transition began in July 2025, aiming to acquire up to $100 million in crypto assets, subject to capital, market, and regulatory conditions.

• Name changed from AYRO, Inc. to StableX Technologies, Inc. in August 2025, with ticker symbol updated to SBLX.

Financial performance and metrics

• As of September 5, 2025, 888,978 shares of common stock were issued and outstanding prior to the offering.

• The offering could increase the outstanding shares by approximately 114% if all registered shares are issued.

Use of proceeds and capital allocation

• No proceeds from the resale of shares by selling stockholders; proceeds from warrant exercises, if any, will be used for general corporate purposes.

• Required to redeem Preferred Shares in quarterly installments starting November 30, 2025, payable in cash at a premium or convertible at a mutually determined price, subject to limitations.