NovaBay adjourns special meeting on asset sale and dissolution; insufficient votes, reconvenes Dec 18

Stablecoin Development Corp

Special meeting Nov 22: only 43% of shares represented, insufficient votes for 50% threshold.
Proposal One (sale of Avenova assets to PRN): ~89% of votes cast in favor.
Proposal Two (liquidation and dissolution): ~88.5% of votes cast in favor.
Adjourned to Dec 18, 2024 for further proxy solicitation.
ISS recommended voting FOR both proposals.

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