Stablecoin Development Corp (SDEV): M&A transaction — 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.

item 1.01 item 2.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Stablecoin Development Corp completed a disposition involving Phase One Health LLC for $500,000 (closed 2025-01-08).

Action: disposition
Counterparty: Phase One Health LLC
Consideration: $500,000
Closing: 2025-01-08

Exact text from the filing

On January 8, 2025, the Company completed the sale to Phase One of (i) the Trademarks pursuant to the Trademark Acquisition Agreement for a purchase price of $500,000 and (ii) the Inventory pursuant to the Transition Services Agreement for $126,000.

View on SEC.gov

5 m&a transactions filed in the last 30 days. Browse all m&a transactions →

Stablecoin Development Corp filing history →

Source: SEC EDGAR

accession 0001437749-25-000796

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.