other material
confidence high
sentiment neutral
materiality 0.60
NovaBay announces 1-for-5 reverse stock split effective Feb 20, 2026
Stablecoin Development Corp
- Reverse split ratio 1-for-5; effective after market close on Feb 20, trading on split-adjusted basis Feb 23.
- Outstanding shares reduced from ~130.6M to ~26.1M; no change in authorized shares or par value.
- Aims to regain compliance with NYSE American minimum price requirement; symbol remains 'NBY'.
- New CUSIP number assigned: 66987P 508; fractional shares rounded up to full share.