secwatch.observer — SEC 8-K summary
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Issuer:     Stablecoin Development Corp (SDEV)
CIK:        0001389545
Form:       8-K
Filed at:   2026-06-17T20:29:56+00:00
Accession:  0001437749-26-020980
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 1.01, 3.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stablecoin Development Corp issues 22.6M shares upon cashless exercise of amended pre-funded warrants
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1389545/000143774926020980/0001437749-26-020980-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1389545/000143774926020980/nby20260617c_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-020980

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