---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-004922"
form_type: "8-K"
ticker: "SDEV"
cik: "0001389545"
company_name: "Stablecoin Development Corp"
filed_at: "2026-02-20T23:59:59+00:00"
generated_at: "2026-05-16T01:25:40.527106+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# NovaBay Pharmaceuticals effects 1-for-5 reverse stock split

## Summary
- Reverse stock split effective at 4:15 p.m. ET on Feb 20, 2026; trading on split-adjusted basis from Feb 23.
- Ratio 1-for-5; no fractional shares issued (additional whole share provided for fractions).
- Authorized shares unchanged at 1.5 billion; par value remains $0.01 per share.
- Trading symbol unchanged as 'NBY'; new CUSIP number 66987P508.
- Stockholder approval obtained Oct 16, 2025; Board approved ratio on Feb 11, 2026.

## SEC filing metadata
- accession: 0001437749-26-004922
- form_type: 8-K
- ticker: SDEV
- cik: 0001389545
- company_name: Stablecoin Development Corp
- filed_at: 2026-02-20T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.03, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1389545/000143774926004922/0001437749-26-004922-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1389545/000143774926004922/nby20260219_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-004922
- JSON: https://secwatch.observer/filing/0001437749-26-004922.json
- Plain text: https://secwatch.observer/filing/0001437749-26-004922.txt

## Source-grounded claims
- claim_id: c346271434e42475602a69ed4d823269881091ec
  claim: Stablecoin Development Corp: Amended certificate of incorporation to effect a 1-for-5 reverse stock split (effective 2026-02-20).
  evidence_excerpt: On February 20, 2026, NovaBay Pharmaceuticals, Inc. (the “Company”) filed a certificate of amendment (“Certificate of Amendment”) providing for an amendment to the Company’s Amended and Restated Certificate of Incorporation, as amended (“Certificate of Incorporation”), to effect a reverse stock split at a ratio of 1-for-5 (the “Reverse Stock Split”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1389545/000143774926004922/0001437749-26-004922-index.htm

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