secwatch.observer — SEC 8-K summary
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Issuer:     Stablecoin Development Corp (SDEV)
CIK:        0001389545
Form:       8-K
Filed at:   2026-03-12T23:59:59+00:00
Accession:  0001437749-26-008015
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NovaBay shareholders approve 5B authorized shares, officer exculpation, and 2026 equity plan
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- Authorized common stock increased from 1.5B to 5B shares; prohibition on stockholder action by written consent removed.
- Stockholders approved issuance of ~838M shares upon exercise of pre-funded warrants from Jan 2026 private placement.
- Stockholders approved issuance of ~5.4M shares upon exercise of pre-funded warrants from Oct 2025 private placement.
- Adoption of 2026 Equity Incentive Plan approved; officer exculpation provisions adopted.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1389545/000143774926008015/0001437749-26-008015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1389545/000143774926008015/nby20260311_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-008015

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer