Los Angeles, CA and Vancouver, BC, Might 23, 2025 (GLOBE NEWSWIRE) — BioSig Applied sciences, Inc. BSGM (“BioSig” or the “Company”), a medical know-how firm, as we speak introduced it has signed a definitive share alternate settlement with Streamex Exchange Company (“Streamex”), a privately held firm specializing within the tokenization of real-world belongings, with a give attention to bringing commodities on-chain.
The signing of the definitive settlement represents a serious milestone for each Streamex and BioSig, propelling the enterprise mixture ahead, and fast-tracking the expansion of Streamex’s tokenization enterprise. Throughout this transaction, Streamex has made important progress with some very thrilling developments anticipated to be shared within the coming weeks.
Key Highlights of the Transaction:
- Streamex Exchange Company, a British Columbia company, will change into an entirely owned subsidiary of BioSig by means of an alternate of excellent shares of Streamex for brand new shares of BioSig frequent inventory.
- The mixed public firm will probably be led by Mr. Henry McPhie, Co-Founder and CEO of Streamex, who will function Chief Govt Officer and be a part of the Board of Administrators, guiding the group by means of its subsequent section of development.
- Mr. Morgan Lekstrom, Co-Founder and Chairman of Streamex, will function Chairman of the Board of the mixed firm.
- Mr. Anthony Amato, present CEO of BioSig, will transition from his function as Chief Govt Officer and proceed to help the mixed firm as a member of its Board of Administrators.
- Of spotlight, Streamex is strategically positioned inside the US$142.851 trillion international commodity market, aiming to unlock new worth by bringing commodities on-chain by means of safe and scalable actual world asset tokenization options.
BioSig’s CEO Anthony Amato commented, “After a 12 months marked by intense focus, disciplined execution, and steadfast dedication, I’m happy to announce that we’ve signed a definitive settlement to mix with Streamex. This marks a pivotal milestone in our ongoing technique to restore and construct long-term shareholder worth. This journey hasn’t been with out its challenges—nevertheless it has additionally been outlined by toughness, studying, and progress. However as we speak, we enter what guarantees to be probably the most transformational chapter in our firm’s historical past. I need to thank our unimaginable staff, our management group, and our board of administrators for his or her unwavering dedication and resilience all through this journey. And to our shareholders: that is the second we’ve been working towards. We consider this enterprise mixture considerably strengthens the muse of your funding and positions us for sustained momentum and future development.”
Henry McPhie, incoming CEO of the mixed firm added, “Since saying the LOI for the transaction, we’ve obtained an overwhelmingly optimistic response from the market, reflecting sturdy investor confidence within the worth and potential of this transaction. With the signing of the definitive settlement, we’re thrilled to transfer forward with the BioSig group to full the mix and produce Streamex to the general public market.”
Strategic Advisor Additions Put up Closing
- Mr. Frank Giustra has agreed to be a part of as a Strategic Investor and Advisor on Commodities.
- Founding father of Wheaton Valuable Metals ($37B)
- Founding father of GoldCorp, acquired by Newmont ($57B)
- Founding father of LionsGate Movies ($2B)
- Mr. Mathew August has agreed to be a part of as a Strategic Advisor on US Capital Markets.
- Govt Chairman of Atlas Capital Companions a New York, NY based mostly single household workplace funding agency and service provider financial institution
- Energetic Enterprise Capitalist with important investments inside the Protection Tech, FinTech, Aerospace and different diversified industries
- Mr. Mitchell Williams has agreed to be a part of as a Strategic Advisor on US Capital Markets.
- Managing Associate of a Non-public Funding Agency
- Former Senior Managing Director, Head of Public Markets at Wafra Inc.
- Former Sole Portfolio Supervisor of $4+ Billion at Oppenheimer Funds
About Streamex Exchange Company
Streamex is a real-world asset (RWA) tokenization firm centered within the commodities area. With the objective to deliver commodity markets on chain, Streamex has developed main issuance and alternate infrastructure that can revolutionize commodity finance. Streamex is led by a bunch of extremely profitable and seasoned executives from monetary, commodities and blockchain industries.
Streamex believes the way forward for finance lies in tokenization, modern funding methods, and decentralized markets. By merging superior monetary applied sciences with blockchain transparency, Streamex has created infrastructure and options that improve liquidity, accessibility, and effectivity. Streamex’s objective is to bridge the hole between conventional finance and the digital economic system, unlocking new alternatives for buyers and establishments worldwide.
Phrases of Share Exchange
- In alternate for 100% of their shares of Streamex, present Streamex shareholders will probably be entitled to obtain 75% of the totally diluted BioSig frequent inventory excellent on the date of the share alternate settlement. Initially, upon the closing, pursuant to Nasdaq itemizing guidelines, the Streamex shareholders will probably be entitled to obtain 19.9% of the excellent BioSig frequent inventory pre-transaction. BioSig will then search a vote of its present shareholders to approve the transaction; if such approval is obtained, the Streamex shareholders may have the best to obtain within the mixture the total variety of shares of BioSig frequent inventory equaling 75% of the totally diluted BioSig frequent inventory pre-transaction.
- After shareholder approval, if obtained, present BioSig shareholders and holders of frequent inventory equivalents will maintain 25% of the totally diluted BioSig frequent inventory excellent.
Instantly after the Closing, the Board of administrators of BioSig will probably be comprised of six members, 4 designated by BioSig. who’re Anthony Amato, Chris Baer, Donald F. Browne, Steven E. Abelman and two designated by Streamex, who’re Mr. McPhie and Mr. Lekstrom (who may even be Chairman of the BioSig Board).
- To the extent required by NASDAQ’s change of management guidelines and laws, the Company will file an preliminary itemizing utility for its frequent inventory.
Ahead Trying statements
This press launch comprises “forward-looking statements” inside the that means of the Non-public Securities Litigation Reform Act of 1995. Such statements could also be preceded by the phrases “intends,” “might,” “will,” “plans,” “expects,” “anticipates,” “tasks,” “predicts,” “estimates,” “goals,” “believes,” “hopes,” “potential” or related phrases. Ahead-looking statements aren’t ensures of future efficiency, are based mostly on sure assumptions, and are topic to varied recognized and unknown dangers and uncertainties, lots of that are past the Company’s management. It’s attainable that the Company’s precise outcomes and monetary situation might differ, probably materially, from the anticipated outcomes and monetary situation indicated in these forward-looking statements, relying on components together with whether or not the Company will probably be ready to understand the advantages of the finished transaction described herein, whether or not shareholder approval of the transaction will probably be obtained and whether or not the Company will probably be ready to preserve compliance with Nasdaq’s itemizing standards in connection with the contemplated transaction and in any other case. For a dialogue of different dangers and uncertainties, and different vital components, any of which may trigger BioSig’s precise outcomes to differ from these contained in forward-looking statements, see BioSig’s filings with the Securities and Exchange Fee, together with the part titled “Danger Components” in BioSig’s Annual Report on Kind 10-Okay, filed with the SEC on April 15, 2025. The Company assumes no obligation to publicly replace or revise its forward-looking statements on account of new info, future occasions or in any other case, besides as required by regulation.
1 In accordance to Statista, the worldwide commodities market is valued at roughly US$142.85 trillion. Supply: Statista, International Commodities Market Outlook
Todd Adler
BioSig Applied sciences, Inc.
Investor Relations
12424 Wilshire Blvd Ste 745
Los Angeles, CA 90025
tadler@biosigtech.com
203–409–5444, x104
Anthony Amato
Chief Govt Officer
aamato@biosigtech.com
Henry McPhie
Co-Founder & CEO of Streamex
contact@Streamex.com
https://www.streamex.com/
https://x.com/streamex