secwatch.observer — SEC 8-K summary
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Issuer:     Stablecoin Development Corp (SDEV)
CIK:        0001389545
Form:       8-K
Filed at:   2022-11-14T23:59:59+00:00
Accession:  0001437749-22-027319
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NovaBay approves 1-for-35 reverse stock split, effective Nov 15 to regain NYSE American compliance
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- Reverse stock split at 1-for-35 ratio approved by stockholders and board; effective Nov 15, 2022 at 4:15 PM ET.
- Outstanding shares reduced from ~64,988,364 to ~1,856,810; no fractional shares issued.
- Split intended to raise stock price to regain NYSE American continued listing compliance.
- Satisfies closing condition for private placement; warrants become exercisable March 9, 2023.
- Symbol NBY unchanged; new CUSIP 66987P 300.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1389545/000143774922027319/0001437749-22-027319-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1389545/000143774922027319/nby20221113_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-027319

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