{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-26-020980","form_type":"8-K","ticker":"SDEV","cik":"0001389545","company_name":"Stablecoin Development Corp","filed_at":"2026-06-17T20:29:56+00:00","discovered_at":"2026-06-17T20:31:00.207149+00:00","generated_at":"2026-06-17T20:36:46.523963+00:00","sec_items":["1.01","3.03","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Stablecoin Development Corp issues 22.6M shares upon cashless exercise of amended pre-funded warrants","bullets":["On June 12-15, 2026, amended pre-funded warrants issued October 2025 to R01 Fund LP and Framework Ventures IV L.P. to remove exercise restrictions.","Both holders fully exercised on cashless basis; company issued 22,614,600 shares of common stock.","Shares outstanding increased to 50,449,780 as of June 15, 2026, from approximately 27.8M prior.","Dilution of roughly 81% due to new shares issued at no additional cash proceeds."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-26-020980","json":"https://secwatch.observer/filing/0001437749-26-020980.json","markdown":"https://secwatch.observer/filing/0001437749-26-020980.md","text":"https://secwatch.observer/filing/0001437749-26-020980.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1389545/000143774926020980/0001437749-26-020980-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1389545/000143774926020980/nby20260617c_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T20:36:46.523963+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b87cc1d956e367cd8134fd32946aaa0ead6d6e38","claim":"Stablecoin Development Corp amended Amendment No. 1 to Pre-Funded Warrant with R01 Fund LP (effective 2026-06-12).","evidence_excerpt":"On June 12, 2026, Stablecoin Development Corporation (the “Company”) agreed with R01 Fund LP (“R01”), and on June 15, 2026, the Company agreed with Framework Ventures IV L.P. (“Framework”), in each case, to amend the pre-funded warrants originally issued on October 16, 2025 (the “October 2025 Pre-Funded Warrants”) in order to remove certain restrictions on exercisability.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1389545/000143774926020980/0001437749-26-020980-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"R01 Fund LP"},{"label":"Effective","value":"2026-06-12"}],"fact_type":"material_agreement"},{"claim_id":"f5684fbb8f2f6e1b08b733580161fd74548e6a7e","claim":"Stablecoin Development Corp amended Amendment No. 1 to Pre-Funded Warrant with Framework Ventures IV L.P. (effective 2026-06-15).","evidence_excerpt":"On June 12, 2026, Stablecoin Development Corporation (the “Company”) agreed with R01 Fund LP (“R01”), and on June 15, 2026, the Company agreed with Framework Ventures IV L.P. (“Framework”), in each case, to amend the pre-funded warrants originally issued on October 16, 2025 (the “October 2025 Pre-Funded Warrants”) in order to remove certain restrictions on exercisability.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1389545/000143774926020980/0001437749-26-020980-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Framework Ventures IV L.P."},{"label":"Effective","value":"2026-06-15"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}