{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-26-031972","form_type":"8-K","ticker":"SDEV","cik":"0001389545","company_name":"Stablecoin Development Corp","filed_at":"2026-10-05T12:05:32+00:00","discovered_at":"2026-10-05T12:10:00.151617+00:00","generated_at":"2026-10-12T14:45:23.144882+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"SDEV holds 2.32B SKY; digital asset NAV rose to $180.2M from $119.2M on Sept 30","bullets":["As of Sept 30, 2026, held 2,321,079,862 SKY; fair value ~$180.2M at $0.07764/SKY vs ~$119.2M on June 30.","Earned ~34.6M SKY in staking rewards in Q3 2026; all rewards retained and substantially all remain staked; no SKY sold to date.","Held ~$7.2M cash and cash equivalents (excluding restricted) as of Sept 30, 2026; no outstanding indebtedness.","As of Oct 2, 2026, held ~2,321,910,691 SKY, ~10% of total supply; June 30 holding was 2,286,511,374 SKY, also ~10%.","Jan 16, 2026 private placement raised ~$134.0M gross: ~$25.0M cash and ~$109.0M in SKY/stablecoins; 167,539,227 pre-funded warrants."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-26-031972","json":"https://secwatch.observer/filing/0001437749-26-031972.json","markdown":"https://secwatch.observer/filing/0001437749-26-031972.md","text":"https://secwatch.observer/filing/0001437749-26-031972.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1389545/000143774926031972/0001437749-26-031972-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1389545/000143774926031972/sdev20260914_8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T14:45:23.144882+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}