NovaBay gets NYSE American acceptance of compliance plan; trading continues with .BC indicator

Stablecoin Development Corp

NYSE American accepted plan on June 4, 2024; plan period runs through October 18, 2025.
Non-compliance due to stockholders' equity below thresholds under Sections 1003(a)(i)-(iii).
Common stock (NBY) continues listing with '.BC' indicator; quarterly monitoring for compliance progress.
CEO Justin Hall cites divestiture of unprofitable segment and focus on Avenova eyecare products.
Failure to regain compliance or sufficient progress by Oct 2025 may lead to delisting proceedings.

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