NovaBay regains NYSE American continued listing compliance by raising ~$8.15M

Stablecoin Development Corp

NYSE American notified NovaBay on Oct 20, 2025 that it resolved all deficiencies under Sections 1003(a)(i)-(iii).
The company raised ~$6.0M net from pre-funded warrants and ~$2.15M from Series E preferred stock.
Stockholders' equity now exceeds the $6.0M minimum required by NYSE American listing rules.
Previously disclosed non-compliance dated April and May 2024 regarding stockholders' equity shortfall.

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