{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-007045","form_type":"8-K","ticker":"SDEV","cik":"0001389545","company_name":"Stablecoin Development Corp","filed_at":"2025-03-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.501702+00:00","generated_at":"2026-05-24T23:25:49.308459+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"NovaBay settles warrant disputes with Sabby, Bigger, District 2; secures voting support for dissolution","bullets":["Sabby settlement: exercises 263,892 warrants at $0.66/share; company buys back remaining 1,008,834 warrants for $1.125M.","Bigger and District 2 settlements: each exercises 131,946 warrants at $0.66; company buys back 504,416 warrants each for ~$344,924.","Sabby, Bigger, District 2 commit to vote for dissolution; liquidated damages of $425K (Sabby) or $150K each for non-compliance.","Most favored nations clause: NovaBay must pay Sabby difference if other warrant holders get higher buyback price per share.","Parties exchange mutual releases; warrants cancelled; company proceeds with asset sale (closed Jan 17) and dissolution plan."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-007045","json":"https://secwatch.observer/filing/0001437749-25-007045.json","markdown":"https://secwatch.observer/filing/0001437749-25-007045.md","text":"https://secwatch.observer/filing/0001437749-25-007045.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1389545/000143774925007045/0001437749-25-007045-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1389545/000143774925007045/nby20250310_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T23:25:49.308459+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"}