---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-003846"
form_type: "8-K"
ticker: "SDEV"
cik: "0001389545"
company_name: "Stablecoin Development Corp"
filed_at: "2026-02-12T23:59:59+00:00"
generated_at: "2026-05-16T02:57:45.694657+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# NovaBay announces 1-for-5 reverse stock split effective Feb 20, 2026

## Summary
- 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.

## SEC filing metadata
- accession: 0001437749-26-003846
- form_type: 8-K
- ticker: SDEV
- cik: 0001389545
- company_name: Stablecoin Development Corp
- filed_at: 2026-02-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1389545/000143774926003846/0001437749-26-003846-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1389545/000143774926003846/nby20260212_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-003846
- JSON: https://secwatch.observer/filing/0001437749-26-003846.json
- Plain text: https://secwatch.observer/filing/0001437749-26-003846.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.