{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-009117","form_type":"8-K","ticker":"SDEV","cik":"0001389545","company_name":"Stablecoin Development Corp","filed_at":"2024-03-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.024884+00:00","generated_at":"2026-06-04T08:23:34.569698+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"NovaBay sells DERMAdoctor for $1.07M; issues warrants/notes to secured parties as consent","bullets":["Sale of DERMAdoctor to New Age Investments LLC for $1.07M, expected to close March 25, 2024.","Secured parties received Series D warrants (exercise $0.14, 1M shares each) or new convertible notes ($525K total, conversion $0.14) as consideration.","Conversion price of Series C Preferred Stock adjusted from $0.25 to $0.14 due to anti-dilution, adding ~2.79M common shares issuable.","Warrants and notes are unregistered, relying on private placement exemptions; warrants exercisable only after stockholder approval.","Subsidiary guarantee and DERMAdoctor's assets released as collateral upon closing of the sale."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-009117","json":"https://secwatch.observer/filing/0001437749-24-009117.json","markdown":"https://secwatch.observer/filing/0001437749-24-009117.md","text":"https://secwatch.observer/filing/0001437749-24-009117.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1389545/000143774924009117/0001437749-24-009117-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1389545/000143774924009117/nby20240324_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T08:23:34.569698+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}