StablecoinX Inc. (USDEW) Warrant
Each USDEW warrant gives the holder the right to buy 1 share of StablecoinX Inc. at $11.50 per share, until June 25, 2031. The stock last closed at $14.15, above the strike, so the warrant is in the money. StablecoinX Inc. has a market value of about $384.70M. There are 4.71M listed warrants; exercising all of them would add 17.3% to the 27.19M shares outstanding. The company can call the warrants if the stock trades at or above $18.00.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- 2031-06-25
- Redemption trigger
- $18.00
- Cashless exercise
- allowed
- Break-even stock price
- $15.50
From the issuer's S-1/A (2026-09-09).
Company and stock
- Company
- StablecoinX Inc.
- Underlying stock
- USDE
- Share price
- $14.15
- Market cap
- $384.70M
- Shares outstanding
- 27.19M
- Range since Jun 2026
- $1.43 – $17.25
- Change since Jun 2026
- +282%
- Value of all listed warrants
- $18.86M (4.9% of market cap)
- Industry
- Finance Services
- Head office
- Frisco, TX
- Incorporated in
- Delaware
Market cap is the last share price times shares outstanding (as of 10-Q 2026-). Industry and head office are as the company reports them to the SEC. All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $4.00
- Price / model
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Dilution
- Shares outstanding
- 27.19M
- Listed warrants
- 4.71M
- Dilution if all exercised
- 17.3%
Warrant count from XBRL (single class reported).
Filings and events
Questions about USDEW
When does the USDEW warrant expire?
USDEW expires on June 25, 2031.
What is the strike price of USDEW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
Can StablecoinX Inc. redeem the USDEW warrants early?
Yes. The company can call them if the share price reaches $18.00 for the required period (usually 20 of 30 trading days).
How many USDEW warrants are outstanding?
4.71M listed warrants, equal to 17.3% dilution if all are exercised.
Related warrants
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