secwatch.observer — SEC 8-K summary
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Issuer:     Stablecoin Development Corp (SDEV)
CIK:        0001389545
Form:       8-K
Filed at:   2024-05-31T23:59:59+00:00
Accession:  0001437749-24-018930
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NovaBay effect 1-for-35 reverse stock split effective May 30, 2024
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1389545/000143774924018930/0001437749-24-018930-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1389545/000143774924018930/nby20240531_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-018930

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