Full Press Release Details
and BioSig Announce the Successful Closing of Share Exchange Transaction and Executive Leadership Changes Bringing a First-Mover Real
World Asset Tokenization Company to the Nasdaq
Angeles, CA and Vancouver, BC, May 28, 2025 (GLOBE NEWSWIRE) - BioSig Technologies, Inc. (Nasdaq: BSGM) ("BioSig")
and Streamex Exchange Corporation ("Streamex"), collectively referred to as the combined company, today announced
successful completion of the previously disclosed share exchange transaction and executive leadership changes, forming a company specializing
in the tokenization of real-world assets, with a focus on bringing commodities on-chain.
Highlights of the Transaction:
| Streamex Exchange Corporation, a British Columbia corporation, will become a wholly owned subsidiary of BioSig through an exchange of outstanding shares of Streamex for new shares of BioSig common stock. | |
| The combined company will be led by Mr. Henry McPhie, Co-Founder and CEO of Streamex, who will serve as Chief Executive Officer and join the Board of Directors, guiding the organization through its next phase of growth. | |
| Mr. Morgan Lekstrom, Co-Founder and Chairman of Streamex, will serve as Chairman of the Board of the combined company. | |
| Mr. Anthony Amato, current CEO of BioSig, will transition from his role as Chief Executive Officer and continue to support the combined company as a member of its Board of Directors. | |
| Of highlight, Streamex is strategically positioned within the US$142.851 trillion global commodity market, aiming to unlock new value by bringing commodities on-chain through secure and scalable real world asset tokenization solutions. |
Henry and Morgan with Anthony's support will lead the combined company through its next phase of strategic growth, bringing deep
industry expertise and a shared vision for transforming the future of real-world asset tokenization in the commodities space.
of the combined company Henry McPhie commented, "This is a landmark moment for Streamex and a major step forward for the tokenization
industry. Joining forces with BioSig and entering the public markets will position us to accelerate growth, scale our technology and
expand our influence within the tokenization and commodities industries. I am extremely proud of what the Streamex and BioSig team has
been able to accomplish so far and am excited for what is to come."
Frank Giustra has agreed to join as a Strategic Investor and Advisor on Commodities.
| Founder of Wheaton Precious Metals ($37B) | |
| Founder of GoldCorp, acquired by Newmont ($57B) | |
| Founder of LionsGate Films ($2B) |
Mathew August has agreed to join as a Strategic Advisor on US Capital Markets.
| Executive Chairman of Atlas Capital Partners a New York, NY based single family office investment firm and merchant bank | |
| Active Venture Capitalist with significant investments within the Defense Tech, FinTech, Aerospace and other diversified industries |
Streamex Exchange Corporation
is a real-world asset (RWA) tokenization company focused in the commodities space. With the goal to bring commodity markets on chain,
Streamex has developed primary issuance and exchange infrastructure that will revolutionize commodity finance. Streamex is led by a group
of highly successful and seasoned executives from financial, commodities and blockchain industries.
believes the future of finance lies in tokenization, innovative investment strategies, and decentralized markets. By merging advanced
financial technologies with blockchain transparency, Streamex has created infrastructure and solutions that enhance liquidity, accessibility,
and efficiency. Streamex's goal is to bridge the gap between traditional finance and the digital economy, unlocking new opportunities
for investors and institutions worldwide.
immediately, the Board of Directors of the combined company will be comprised of six members, four designated by BioSig, who are Anthony
Amato, Chris Baer, Donald F. Browne, Steven E. Abelman and two designated by Streamex, who are Mr. McPhie and Mr. Lekstrom (who will
also be Chairman of the combined company's board).
the extent required by NASDAQ's change of control rules and regulations, the combined company will file an initial listing application
for its common stock.
press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of
1995. Such statements may be preceded by the words "intends," "may," "will," "plans,"
"expects," "anticipates," "projects," "predicts," "estimates," "aims,"
"believes," "hopes," "potential" or similar words. Forward-looking statements are not guarantees
of future performance, are based on certain assumptions, and are subject to various known and unknown risks and uncertainties, many of
which are beyond our control. It is possible that our actual results and financial condition may differ, possibly materially, from the
anticipated results and financial condition indicated in these forward-looking statements, depending on factors including whether we
will be able to realize the benefits of the transaction described herein, whether shareholder approval of the transaction will be obtained
and whether we will be able to maintain compliance with Nasdaq's listing criteria in connection with the described transaction
and otherwise. For a discussion of other risks and uncertainties, and other important factors, any of which could cause our actual results
to differ from those contained in forward-looking statements, see our filings with the Securities and Exchange Commission, including
the section titled "Risk Factors" in our Annual Report on Form 10-K, filed with the SEC on April 15, 2025. We assume no obligation
to publicly update or revise our forward-looking statements as a result of new information, future events or otherwise, except as required
Wilshire Blvd Ste 745
& CEO of Streamex, CEO of the Combined Company