# StableCoinX Inc. (USDE) — merger/spac_merger [completed]
Source: SEC API (secapi.ai) · situation sit_22d05c0188cf585cf637 · retrieved 2026-08-11T16:11:12.704Z

## Overview
StableCoinX Inc. is a Delaware corporation engaged in digital asset and stablecoin operations, including ENA treasury advisory services and strategic involvement in the Ethena Protocol.

On July 21, 2025, TLGY Acquisition Corp. (a Cayman Islands exempted company), StableCoinX Assets Inc., and StableCoinX Inc. entered into a business combination agreement. The transaction will result in TLGY and SC Assets becoming wholly owned subsidiaries of StablecoinX, with StablecoinX becoming a publicly traded company. The registration statement on Form S-4 was declared effective on February 17, 2026, and TLGY mailed the definitive proxy statement/prospectus to shareholders.

## Terms
- Counterparty: TLGY Acquisition Corp.

## Key dates
- Announced 2026-01-06 · Record 2026-02-04 · Expiry 2026-04-21 · Expected close 2026-04-21 · Completed 2026-07-02

## Timeline
- 2026-01-06 · 425 (0001213900-26-001696): 425 - StableCoinX Inc. — *StableCoinX Inc. is a Delaware corporation that will operate as a digital asset and treasury advisory services company focused on the Ethena Protocol and ENA stablecoin, with plans to develop corporate architecture supporting treasury initiatives and strategic stakes in blockchain-based digital finance.* On July 21, 2025, TLGY Acquisition Corp. (a Cayman Islands exempted company), StableCoinX Assets Inc. (a Delaware corporation), and StableCoinX Inc. (a Delaware corporation) entered into a business combination agreement. Under the transaction, TLGY and SC Assets will become wholly owned subsidiaries of StableCoinX, and StableCoinX will become a publicly traded company. The transaction is subject to shareholder approval at an extraordinary general meeting of TLGY's shareholders and satisfaction of customary closing conditions, including listing of StableCoinX's securities on a national securities exchange.
  https://www.sec.gov/Archives/edgar/data/2080215/0001213900-26-001696.txt
- 2026-01-12 · 425 (0001213900-26-003295): 425 - StableCoinX Inc. — *StablecoinX Inc. is a Delaware corporation that operates as a digital asset and cryptocurrency services company, with strategic involvement in the Ethena Protocol and ENA treasury advisory services.* On July 21, 2025, TLGY Acquisition Corp. (a Cayman Islands exempted company), StableCoinX Assets Inc., and StableCoinX Inc. entered into a business combination agreement. Under the transaction, TLGY and SC Assets will become wholly owned subsidiaries of StablecoinX, and StablecoinX will become a publicly traded company. The transaction involves SPAC Merger Sub LLC and Company Merger Sub, Inc., both Delaware entities and wholly-owned subsidiaries of StablecoinX, as merger vehicles. A registration statement on Form S-4 has been filed with the SEC, and TLGY shareholders will vote on the transaction at an extraordinary general meeting to be held in connection with the business combination.
  https://www.sec.gov/Archives/edgar/data/2080215/0001213900-26-003295.txt
- 2026-01-14 · 425 (0001213900-26-004286): 425 - StableCoinX Inc. — *StableCoinX Inc. is a Delaware corporation engaged in digital asset and cryptocurrency services, including treasury advisory and services related to the Ethena Protocol and ENA digital assets.* On July 21, 2025, TLGY Acquisition Corp. (a Cayman Islands exempted company), StableCoinX Assets Inc. (a Delaware corporation), and StableCoinX Inc. (a Delaware corporation) entered into a business combination agreement. Under the transaction, TLGY and SC Assets will become wholly owned subsidiaries of StablecoinX, and StablecoinX will become a publicly traded company. The transaction involves two merger subsidiaries: SPAC Merger Sub LLC (a Delaware limited liability company and wholly-owned subsidiary of StablecoinX) and Company Merger Sub, Inc. (a Delaware corporation and wholly-owned subsidiary of StablecoinX).
  https://www.sec.gov/Archives/edgar/data/2080215/0001213900-26-004286.txt
- 2026-01-14 · 425 (0001213900-26-004353): 425 - StableCoinX Inc. — *StableCoinX Inc. is a digital asset company focused on ENA treasury advisory services and strategic involvement in the Ethena Protocol.* On July 21, 2025, TLGY Acquisition Corp. (a Cayman Islands exempted company), StableCoinX Assets Inc., and StableCoinX Inc. entered into a business combination agreement. Under the transaction, TLGY and SC Assets will become wholly owned subsidiaries of StableCoinX, and StableCoinX will become a publicly traded company. The transaction is expected to be voted on at an extraordinary general meeting of TLGY shareholders, with definitive proxy statement/prospectus materials to be mailed after the Form S-4 registration statement is declared effective.
  https://www.sec.gov/Archives/edgar/data/2080215/0001213900-26-004353.txt
- 2026-01-16 · 425 (0001213900-26-005034): 425 - StableCoinX Inc. — *StableCoinX Inc. is a digital assets company focused on ENA stablecoin treasury advisory and services, with strategic involvement in the Ethena Protocol.* On July 21, 2025, TLGY Acquisition Corp. (a Cayman Islands exempted company), StableCoinX Assets Inc., and StableCoinX Inc. entered into a business combination agreement. Under the transaction, TLGY and SC Assets will become wholly owned subsidiaries of StablecoinX, and StablecoinX will become a publicly traded company. A Form S-4 registration statement has been filed with the SEC, and TLGY shareholders will vote on the transaction at an extraordinary general meeting to be held in connection with the business combination.
  https://www.sec.gov/Archives/edgar/data/2080215/0001213900-26-005034.txt
- 2026-01-21 · 425 (0001213900-26-006130): 425 - StableCoinX Inc. — *StableCoinX Inc. is a Delaware corporation engaged in digital asset and cryptocurrency services, including ENA treasury advisory and services related to the Ethena Protocol.* On July 21, 2025, TLGY Acquisition Corp. (a Cayman Islands exempted company), StableCoinX Assets Inc., and StableCoinX Inc. entered into a business combination agreement. Under the transaction, TLGY and SC Assets will become wholly owned subsidiaries of StablecoinX, and StablecoinX will become a publicly traded company. The transaction is expected to be voted on at an extraordinary general meeting of TLGY shareholders, with a registration statement on Form S-4 filed with the SEC.
  https://www.sec.gov/Archives/edgar/data/2080215/0001213900-26-006130.txt
- 2026-01-22 · 425 (0001213900-26-006633): 425 - StableCoinX Inc. — *StableCoinX Inc. is a Delaware corporation engaged in digital asset and cryptocurrency operations, including treasury advisory services and strategic involvement with the Ethena Protocol and its ENA digital asset.* On July 21, 2025, TLGY Acquisition Corp. (a Cayman Islands exempted company), StableCoinX Assets Inc. (a Delaware corporation), and StableCoinX Inc. (a Delaware corporation) entered into a business combination agreement. Under the transaction, TLGY and SC Assets will become wholly owned subsidiaries of StablecoinX, and StablecoinX will become a publicly traded company. The transaction is subject to shareholder approval at an extraordinary general meeting and satisfaction of customary closing conditions, including listing of StablecoinX's securities on a national securities exchange.
  https://www.sec.gov/Archives/edgar/data/2080215/0001213900-26-006633.txt
- 2026-01-23 · 425 (0001213900-26-007347): 425 - StableCoinX Inc. — *StablecoinX Inc. is a digital asset company focused on ENA treasury advisory services and strategic involvement in the Ethena Protocol, with plans to develop corporate architecture supporting treasury initiatives and digital marketing and strategy services.* TLGY Acquisition Corporation and StablecoinX Inc. amended their July 21, 2025 business combination agreement, effective January 21, 2026, to extend the Outside Date (the deadline for closing conditions to be satisfied) to April 21, 2026. The transaction will result in TLGY and StablecoinX Assets Inc. becoming wholly owned subsidiaries of StablecoinX, with StablecoinX becoming a publicly traded company. The amendment allows either party to terminate if closing conditions are not satisfied by the new April 21, 2026 deadline, provided the terminating party's breach was not the primary cause of the delay.
  https://www.sec.gov/Archives/edgar/data/2080215/0001213900-26-007347.txt
- 2026-01-28 · 425 (0001213900-26-008724): 425 - StableCoinX Inc. — *StableCoinX Inc. is a Delaware corporation focused on digital asset treasury advisory and services, with strategic involvement in the Ethena Protocol and ENA digital dollar issuance.* On July 21, 2025, TLGY Acquisition Corp. (a Cayman Islands exempted company), StableCoinX Assets Inc., and StableCoinX Inc. entered into a business combination agreement. Under the transaction, TLGY and SC Assets will become wholly owned subsidiaries of StablecoinX, and StablecoinX will become a publicly traded company. The transaction is expected to close following shareholder approval at an extraordinary general meeting and satisfaction of customary closing conditions, including listing of StableCoinX's securities on a national securities exchange.
  https://www.sec.gov/Archives/edgar/data/2080215/0001213900-26-008724.txt
- 2026-01-29 · 425 (0001213900-26-009377): 425 - StableCoinX Inc. — *StableCoinX Inc. is a Delaware corporation engaged in digital asset and cryptocurrency services, including treasury advisory and services related to the Ethena Protocol and ENA digital dollars.* On July 21, 2025, TLGY Acquisition Corp. (a Cayman Islands exempted company), StableCoinX Assets Inc. (a Delaware corporation), and StableCoinX Inc. (a Delaware corporation) entered into a business combination agreement. Under the transaction, TLGY and SC Assets will become wholly owned subsidiaries of StablecoinX, and StablecoinX will become a publicly traded company. The transaction is subject to shareholder approval at an extraordinary general meeting and satisfaction of closing conditions, including listing of StablecoinX's securities on a national securities exchange.
  https://www.sec.gov/Archives/edgar/data/2080215/0001213900-26-009377.txt
- 2026-02-04 · 425 (0001213900-26-012120): 425 - StableCoinX Inc. — *StableCoinX Inc. is a Delaware corporation that will operate as a publicly traded company following the business combination, with strategic involvement in digital assets and the Ethena Protocol.* On July 21, 2025, TLGY Acquisition Corp. (a Cayman Islands exempted company), StableCoinX Assets Inc. (a Delaware corporation), StableCoinX Inc. (a Delaware corporation), and two merger subsidiaries entered into a business combination agreement. Under the transaction, TLGY and SC Assets will become wholly owned subsidiaries of StablecoinX, and StablecoinX will become a publicly traded company. A Form S-4 registration statement has been filed with the SEC, and TLGY shareholders will vote on the transaction at an extraordinary general meeting to be held in connection with the business combination.
  https://www.sec.gov/Archives/edgar/data/2080215/0001213900-26-012120.txt
- 2026-02-05 · 425 (0001213900-26-012783): 425 - StableCoinX Inc. — *StableCoinX Inc. is a Delaware corporation engaged in digital asset and cryptocurrency services, including treasury advisory and services related to the Ethena Protocol and its ENA digital asset.* On July 21, 2025, TLGY Acquisition Corp. (a Cayman Islands exempted company), StableCoinX Assets Inc. (a Delaware corporation), and StableCoinX Inc. (a Delaware corporation) entered into a business combination agreement. Under the transaction, TLGY and SC Assets will become wholly owned subsidiaries of StablecoinX, and StablecoinX will become a publicly traded company. The transaction is expected to be consummated subject to shareholder approval at an extraordinary general meeting and other customary closing conditions.
  https://www.sec.gov/Archives/edgar/data/2080215/0001213900-26-012783.txt
- 2026-02-10 · 425 (0001213900-26-014230): 425 - StableCoinX Inc. — *StableCoinX Inc. is a digital assets company focused on ENA (Ethena) stablecoin treasury advisory services and strategic participation in the Ethena Protocol.* On July 21, 2025, TLGY Acquisition Corp. (a Cayman Islands exempted company), StableCoinX Assets Inc., and StableCoinX Inc. entered into a business combination agreement. Under the transaction, TLGY and SC Assets will become wholly owned subsidiaries of StableCoinX, and StableCoinX will become a publicly traded company. The transaction is subject to shareholder approval at an extraordinary general meeting and satisfaction of closing conditions, including listing of StableCoinX's securities on a national securities exchange.
  https://www.sec.gov/Archives/edgar/data/2080215/0001213900-26-014230.txt
- 2026-02-12 · 425 (0001213900-26-015404): 425 - StableCoinX Inc. — *StableCoinX Inc. is a Delaware corporation engaged in digital asset and cryptocurrency services, including ENA treasury advisory and services related to the Ethena Protocol.* On July 21, 2025, TLGY Acquisition Corp. (a Cayman Islands exempted company), StableCoinX Assets Inc., and StableCoinX Inc. entered into a business combination agreement. Under the transaction structure, TLGY and SC Assets will become wholly owned subsidiaries of StablecoinX, and StablecoinX will become a publicly traded company. The transaction involves SPAC Merger Sub LLC and Company Merger Sub, Inc., both Delaware entities and wholly-owned subsidiaries of StablecoinX, as merger vehicles.
  https://www.sec.gov/Archives/edgar/data/2080215/0001213900-26-015404.txt
- 2026-02-13 · 425 (0001213900-26-016274): 425 - StableCoinX Inc. — *StableCoinX Inc. is a Delaware corporation engaged in digital asset and cryptocurrency services, including ENA treasury advisory and services related to the Ethena Protocol.* On July 21, 2025, TLGY Acquisition Corp. (a Cayman Islands exempted company), StableCoinX Assets Inc., and StableCoinX Inc. entered into a business combination agreement. Under the transaction, TLGY and SC Assets will become wholly owned subsidiaries of StablecoinX, and StablecoinX will become a publicly traded company. The transaction is subject to shareholder approval at an extraordinary general meeting and listing on a national securities exchange at closing.
  https://www.sec.gov/Archives/edgar/data/2080215/0001213900-26-016274.txt
- 2026-02-18 · 425 (0001213900-26-017842): 425 - StableCoinX Inc. — *StableCoinX Inc. is a digital assets company focused on ENA (Ethena) stablecoin treasury advisory and services, with strategic involvement in the Ethena Protocol.* On July 21, 2025, TLGY Acquisition Corp. (a Cayman Islands exempted company), StableCoinX Assets Inc., and StableCoinX Inc. entered into a business combination agreement. The transaction will result in TLGY and SC Assets becoming wholly owned subsidiaries of StablecoinX, with StablecoinX becoming a publicly traded company. The Form S-4 registration statement was declared effective on February 17, 2026, and TLGY mailed its definitive proxy statement/prospectus to shareholders as of February 4, 2026 for voting at an extraordinary general meeting in connection with the transaction.
  https://www.sec.gov/Archives/edgar/data/2080215/0001213900-26-017842.txt
- 2026-02-23 · 425 (0001213900-26-019204): 425 - StableCoinX Inc. — *StableCoinX Inc. is a digital assets company focused on ENA treasury advisory services and strategic involvement in the Ethena Protocol.* On July 21, 2025, TLGY Acquisition Corp. (a Cayman Islands exempted company), StableCoinX Assets Inc., and StableCoinX Inc. entered into a business combination agreement. The transaction will result in TLGY and SC Assets becoming wholly owned subsidiaries of StablecoinX, with StablecoinX becoming a publicly traded company. The Form S-4 registration statement was declared effective on February 17, 2026, and TLGY mailed its definitive proxy statement/prospectus to shareholders as of February 4, 2026 for voting at an extraordinary general meeting in connection with the transaction.
  https://www.sec.gov/Archives/edgar/data/2080215/0001213900-26-019204.txt
- 2026-03-03 · 425 (0001213900-26-022925): 425 - StableCoinX Inc. — *StableCoinX Inc. is a Delaware corporation engaged in digital asset and cryptocurrency services, including ENA treasury advisory and digital marketing and strategy services related to the Ethena Protocol.* On July 21, 2025, TLGY Acquisition Corp. (a Cayman Islands exempted company), StableCoinX Assets Inc., and StableCoinX Inc. entered into a business combination agreement. Under the transaction, TLGY and SC Assets will become wholly owned subsidiaries of StablecoinX, and StablecoinX will become a publicly traded company. The Form S-4 registration statement was declared effective on February 17, 2026, and TLGY mailed its definitive proxy statement/prospectus to shareholders as of February 4, 2026 for voting at an extraordinary general meeting.
  https://www.sec.gov/Archives/edgar/data/2080215/0001213900-26-022925.txt
- 2026-03-10 · 425 (0001213900-26-025761): 425 - StableCoinX Inc. — *StableCoinX Inc. is a Delaware corporation engaged in digital asset and stablecoin operations, including ENA treasury advisory services and strategic involvement in the Ethena Protocol.* On July 21, 2025, TLGY Acquisition Corp. (a Cayman Islands exempted company), StableCoinX Assets Inc., and StableCoinX Inc. entered into a business combination agreement. The transaction will result in TLGY and SC Assets becoming wholly owned subsidiaries of StablecoinX, with StablecoinX becoming a publicly traded company. The registration statement on Form S-4 was declared effective on February 17, 2026, and TLGY mailed the definitive proxy statement/prospectus to shareholders.
  https://www.sec.gov/Archives/edgar/data/2080215/0001213900-26-025761.txt
- 2026-07-02 · 8-K (0001213900-26-074559): 8-K CURRENT REPORT
  https://www.sec.gov/Archives/edgar/data/2080215/000121390026074559/ea0296210-8k_stablecoinx.htm

## Citations
- 0001213900-26-001696 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026001696
- 0001213900-26-003295 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026003295
- 0001213900-26-004286 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026004286
- 0001213900-26-004353 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026004353
- 0001213900-26-005034 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026005034
- 0001213900-26-006130 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026006130
- 0001213900-26-006633 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026006633
- 0001213900-26-007347 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026007347
- 0001213900-26-008724 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026008724
- 0001213900-26-009377 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026009377
- 0001213900-26-012120 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026012120
- 0001213900-26-012783 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026012783
- 0001213900-26-014230 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026014230
- 0001213900-26-015404 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026015404
- 0001213900-26-016274 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026016274
- 0001213900-26-017842 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026017842
- 0001213900-26-019204 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026019204
- 0001213900-26-022925 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026022925
- 0001213900-26-025761 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026025761
- 0001213900-26-074559 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026074559
