---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-019536"
form_type: "8-K"
ticker: "SDEV"
cik: "0001389545"
company_name: "Stablecoin Development Corp"
filed_at: "2024-06-07T23:59:59+00:00"
generated_at: "2026-06-01T05:30:47.776937+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001437749-24-019536
- form_type: 8-K
- ticker: SDEV
- cik: 0001389545
- company_name: Stablecoin Development Corp
- filed_at: 2024-06-07T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1389545/000143774924019536/0001437749-24-019536-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1389545/000143774924019536/nby20240606_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-019536
- JSON: https://secwatch.observer/filing/0001437749-24-019536.json
- Plain text: https://secwatch.observer/filing/0001437749-24-019536.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.