other material
confidence high
sentiment negative
materiality 0.65
NovaBay effect 1-for-35 reverse stock split effective May 30, 2024
Stablecoin Development Corp
- Reverse stock split at 1-for-35 ratio; effective 4:15 p.m. ET on May 30, 2024.
- No fractional shares; additional whole share issued for fractional entitlements.
- Authorized shares unchanged at 150,000,000; par value remains $0.01 per share.
- Common stock began trading on split-adjusted basis May 31, 2024 under symbol NBY.
- New CUSIP number is 66987P 409; same NYSE American listing.