other material
confidence high
sentiment neutral
materiality 0.75
NovaBay enters $100M ATM equity distribution agreement with Virtu Americas LLC
Stablecoin Development Corp
- Company may sell up to $100M of common stock from time to time through Virtu as sales agent.
- Virtu will receive a commission of up to 2.0% of gross proceeds from any sales.
- Sales will be made via at-the-market offerings on NYSE American or other trading markets.
- Offering is under existing shelf registration statement S-3 (File No. 333-290712) and prospectus supplement dated Jan 20, 2026.
- Company is not obligated to sell any shares; agreement may be terminated by either party under specified conditions.