{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-002747","form_type":"8-K","ticker":"SDEV","cik":"0001389545","company_name":"Stablecoin Development Corp","filed_at":"2025-02-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.501301+00:00","generated_at":"2026-05-27T03:23:15.595418+00:00","sec_items":["5.07","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"NovaBay shareholders reject liquidation proposal; board plans new vote","bullets":["On Jan 30, 2025, stockholders voted down Proposal Two (liquidation/dissolution); 49% of outstanding shares voted for, below the required >50%.","Breakdown: 2,394,836 for, 320,073 against, 48,214 abstain; 88% of votes cast supported the proposal.","Asset sales closed Jan 8 (wound care to Phase One Health) and Jan 17, 2025 (Avenova eyecare to PRN), leaving company with no operating assets.","Board will call a new special meeting to seek approval for liquidation under the Plan of Dissolution.","If approved, dissolution process under Delaware law is expected to take at least 9 months; distributions to stakeholders will follow."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-002747","json":"https://secwatch.observer/filing/0001437749-25-002747.json","markdown":"https://secwatch.observer/filing/0001437749-25-002747.md","text":"https://secwatch.observer/filing/0001437749-25-002747.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1389545/000143774925002747/0001437749-25-002747-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1389545/000143774925002747/nby20250203_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T03:23:15.595418+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}