secwatch.observer — SEC 8-K summary
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Issuer:     Stablecoin Development Corp (SDEV)
CIK:        0001389545
Form:       8-K
Filed at:   2025-08-26T23:59:59+00:00
Accession:  0001829126-25-006735
Event type: dividend
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1389545/000182912625006735/0001829126-25-006735-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1389545/000182912625006735/novabay_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-25-006735

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