secwatch.observer — SEC 8-K summary
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Issuer:     Stablecoin Development Corp (SDEV)
CIK:        0001389545
Form:       8-K
Filed at:   2022-11-18T23:59:59+00:00
Accession:  0001437749-22-027767
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 1.01, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NovaBay Pharmaceuticals closes $3.25M private placement and effects 1-for-35 reverse stock split
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- Reverse stock split at ratio 1-for-35 effective November 15, 2022.
- Private placement closed November 18, 2022, raising $3.25 million gross proceeds.
- Issued Series C Non-Voting Convertible Preferred Stock plus Short-Term and Long-Term warrants.
- Registration rights agreement requires filing registration statement by Dec 12, 2022; effectiveness target Jan 9, 2023 (or Feb 8, 2023 if full review).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1389545/000143774922027767/0001437749-22-027767-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1389545/000143774922027767/nby20221116_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-027767

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer