SEC Form 4 · accession 0001225208-26-006283
StableCoinX Inc. · USDE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edward Tsun-Wei Chen
Officer — Chief Executive Officer · Director
Period of report
Jun 25, 2026
Accepted (ET)
Jul 1, 2026 · 4:39 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0002080215
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1,F2 | Jun 25, 2026 | A | 180,239 | $0.00 | A | 180,239 | I | By CPC Sponsor Opportunities I (Parallel), LP |
| Class B Common StockF3,F2 | Jun 25, 2026 | A | 180,239 | $0.00 | A | 180,239 | I | By CPC Sponsor Opportunities I (Parallel), LP |
| Class A Common StockF1,F2 | Jun 25, 2026 | A | 215,891 | $0.00 | A | 215,891 | I | By CPC Sponsor Opportunities I, LP |
| Class B Common StockF3,F2 | Jun 25, 2026 | A | 215,891 | $0.00 | A | 215,891 | I | By CPC Sponsor Opportunities I, LP |
| Class A Common StockF4 | Jun 25, 2026 | A | 323,750 | $0.00 | A | 323,750 | I | By The Edward Tsun-Wei Chen Trust dated July 12, 2020 |
| Class B Common StockF5 | Jun 25, 2026 | A | 323,750 | $0.00 | A | 323,750 | I | By The Edward Tsun-Wei Chen Trust dated July 12, 2020 |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares of Class A Common Stock of the Issuer were issued in connection with the closing of the business combination (the "Business Combination") among StablecoinX Inc. (the "Issuer"), TLGY Acquisition Corp. ("TLGY"), and StablecoinX Assets Inc. ("SC Assets"), pursuant to the terms of the Business Combination Agreement, dated July 21, 2025, by and among the Issuer, TLGY, SC Assets and the other parties thereto (as amended, the "Business Combination Agreement") and the terms of the Amended and Restated Sponsor Support Agreement, dated as of September 5, 2025, by and among the Issuer, TLGY, SC Assets and the holders of TLGY securities party thereto (the "Sponsor Support Agreement") upon the exchange and forfeiture of TLGY Class A Shares and Private Placement Warrants held by the Reporting Person hereunder. On the effective date of the Business Combination, the closing price of TLGY's Class A ordinary shares was $10.10.
- F2Carnegie Park Capital LLC ("CPC") is the manager of CPC Sponsor Opportunities I (Parallel), LP (the "Parallel Fund") and CPC Sponsor Opportunities Fund I, LP (the "CPCSO Fund," together with the Parallel Fund, the "CPC Funds"). The reporting person is the Managing Partner of CPC and may be deemed to have voting and investment control with respect to the shares owned by the CPC Funds. This report shall not be deemed an admission that the reporting person is a member of a group or the beneficial owner of any securities not directly owned by the reporting person. The reporting person disclaims Section 16 beneficial ownership of the securities held by the CPC Funds, except to the extent of his pecuniary interest therein, if any.
- F3These shares of Class B Common Stock of the Issuer were issued in connection with the closing of the Business Combination pursuant to the terms of the Business Combination Agreement, upon the exchange and forfeiture of TLGY Class A shares and Private Placement Warrants held by the Reporting Person hereunder.
- F4These shares of Class A Common Stock of the Issuer were issued in connection with the closing of the business combination (the "Business Combination") among StablecoinX Inc. (the "Issuer"), TLGY Acquisition Corp. ("TLGY"), and StablecoinX Assets Inc. ("SC Assets"), pursuant to the terms of the Business Combination Agreement, dated July 21, 2025, by and among the Issuer, TLGY, SC Assets and the other parties thereto (as amended, the "Business Combination Agreement") upon the exchange of shares of SC Assets Class B Common Stock held by the Reporting Person hereunder.
- F5These shares of Class B Common Stock of the Issuer were issued in connection with the closing of the Business Combination pursuant to the terms of the Business Combination Agreement, upon the exchange of shares of SC Assets Class B Common Stock held by the Reporting Person hereunder.