Earnings summaries and quarterly performance for AYRO.
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StableX Technologies, Inc. Announces Name Change and Strategic Shift
AYRO
New Projects/Investments
Convertible Preferred Issuance
Accounting Changes
- AYRO, Inc. officially changed its corporate name to StableX Technologies, Inc., effective August 22, 2025.
- The company's common stock began trading on Nasdaq under the new ticker symbol SBLX at the open of the market on August 25, 2025.
- This change reflects a new primary focus on investing in foundational tokens that power the rapidly growing stablecoin industry.
- StableX Technologies, Inc. closed a private placement on August 8, 2025, generating $6,200,000 in net proceeds from the sale of Series I Convertible Preferred Stock and accompanying warrants.
- An omnibus amendment to warrants on August 26, 2025, reclassified Series I and Series H-7 Warrants from liability to equity, resulting in pro forma stockholders' equity of approximately $4.6 million as of June 30, 2025, which helps meet Nasdaq listing requirements.
Aug 26, 2025, 12:00 AM
Quarterly earnings call transcripts for AYRO.
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