---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-031362"
form_type: "8-K"
ticker: "SDEV"
cik: "0001389545"
company_name: "Stablecoin Development Corp"
filed_at: "2024-10-16T23:59:59+00:00"
generated_at: "2026-05-30T13:39:21.545417+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# NovaBay reports $776K cash as of Sept 30; sets Nov 22 special meeting for asset sale and dissolution

## Summary
- Preliminary unaudited cash and cash equivalents of $776,000 as of September 30, 2024.
- Special meeting of stockholders scheduled for November 22, 2024 to approve asset sale of Avenova brand and potential dissolution.
- Asset sale to PRN Physician Recommended Nutriceuticals, LLC involves substantially all operating assets.
- Company expects to file Q3 2024 Form 10-Q later; cash figure is preliminary and subject to change.

## SEC filing metadata
- accession: 0001437749-24-031362
- form_type: 8-K
- ticker: SDEV
- cik: 0001389545
- company_name: Stablecoin Development Corp
- filed_at: 2024-10-16T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1389545/000143774924031362/0001437749-24-031362-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1389545/000143774924031362/nby20241015_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-031362
- JSON: https://secwatch.observer/filing/0001437749-24-031362.json
- Plain text: https://secwatch.observer/filing/0001437749-24-031362.txt

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