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StableX Technologies ( (SBLX) ) has shared an update.
On August 4, 2025, StableX Technologies entered into a Securities Purchase Agreement with accredited investors, resulting in a Private Placement that closed on August 8, 2025, yielding net proceeds of $6.2 million. Additionally, the company amended certain terms of its Series I and Series H-7 Warrants on August 26, 2025, which led to a reclassification of these warrants from liability to equity, enhancing the company’s financial position. Furthermore, the company changed its name from ‘AYRO, Inc.’ to ‘StableX Technologies, Inc.’ on August 22, 2025, and updated its Nasdaq ticker symbol to ‘SBLX’, without affecting shareholder rights.
The most recent analyst rating on (SBLX) stock is a Hold with a $7.00 price target. To see the full list of analyst forecasts on StableX Technologies stock, see the SBLX Stock Forecast page.
More about StableX Technologies
StableX Technologies, Inc. operates in the technology sector, focusing on the development and sale of convertible preferred stock and accompanying warrants. The company is listed on the Nasdaq Stock Market under the ticker symbol ‘SBLX’ and aims to maintain compliance with Nasdaq listing requirements.
Average Trading Volume: 63,534
Technical Sentiment Signal: Sell
Current Market Cap: $4.76M
See more data about SBLX stock on TipRanks’ Stock Analysis page.