---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-25-006735"
form_type: "8-K"
ticker: "SDEV"
cik: "0001389545"
company_name: "Stablecoin Development Corp"
filed_at: "2025-08-26T23:59:59+00:00"
generated_at: "2026-05-17T09:55:23.286283+00:00"
event_type: "dividend"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# NovaBay declares $0.80 special dividend; record date Sep 15, pay date Sep 29

## Summary
- Special cash dividend of $0.80 per common share declared by Board and Special Transaction Committee.
- Dividend payable Sep 29, 2025 to stockholders of record as of close of business Sep 15, 2025.
- Dividend funded from cash segregated at First Closing of $3.85M Investment Transaction with David E. Lazar.
- NYSE American requires due bill trading from Sep 15 through Sep 29; sellers during that period forfeit dividend right.
- CEO David Lazar states dividend reflects commitment to shareholder value and exploring strategic alternatives.

## SEC filing metadata
- accession: 0001829126-25-006735
- form_type: 8-K
- ticker: SDEV
- cik: 0001389545
- company_name: Stablecoin Development Corp
- filed_at: 2025-08-26T23:59:59+00:00
- event_type: dividend
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1389545/000182912625006735/0001829126-25-006735-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1389545/000182912625006735/novabay_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-25-006735
- JSON: https://secwatch.observer/filing/0001829126-25-006735.json
- Plain text: https://secwatch.observer/filing/0001829126-25-006735.txt

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