---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-020277"
form_type: "8-K"
ticker: "SDEV"
cik: "0001389545"
company_name: "Stablecoin Development Corp"
filed_at: "2024-06-14T23:59:59+00:00"
generated_at: "2026-06-01T04:16:40.776212+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# NovaBay enters warrant reprice transactions, expects ~$226K gross proceeds

## Summary
- Existing warrant holders exercise ~90,381 shares at reduced price of $2.50, providing ~$225,952.
- Company issues new Series E warrants at $2.57, exercisable after 6 months for 5.5 years.
- Placement agent Ladenburg Thalmann earns 8% fee plus up to $50K expense reimbursement.
- Company will file resale registration statement for new warrant shares within 90 days.

## SEC filing metadata
- accession: 0001437749-24-020277
- form_type: 8-K
- ticker: SDEV
- cik: 0001389545
- company_name: Stablecoin Development Corp
- filed_at: 2024-06-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1389545/000143774924020277/0001437749-24-020277-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1389545/000143774924020277/nby20240614_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-020277
- JSON: https://secwatch.observer/filing/0001437749-24-020277.json
- Plain text: https://secwatch.observer/filing/0001437749-24-020277.txt

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