NovaBay sells wound care trademarks and inventory for $626,000 to Phase One Health LLC

Stablecoin Development Corp

Sold NeutroPhase, PhaseOne, OmniPhase trademarks for $500,000 to Phase One Health LLC.
Sold wound care inventory for $126,000 under Transition Services Agreement.
Wound care assets were excluded from prior Avenova eyecare sale to PRN.
Proceeds to be used for working capital and general corporate purposes.
Sale completed on January 8, 2025.

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