Stablecoin Development Corp

NBY NYSE CIK: 0001389545

Company Information

Industry Pharmaceutical Preparations
SIC Code 2834
Entity Type operating
SEC Category Non-accelerated filerSmaller reporting company
State of Incorporation DE
Business Address 2000 POWELL STREET, SUITE 1150, EMERYVILLE, CA, 94608
Mailing Address 2000 POWELL STREET, SUITE 1150, EMERYVILLE, CA, 94608
Phone (510) 899-8800
Fiscal Year End 1231
EIN 680454536

Financial Overview

FY2025

$7.96M
Cash & Equivalents
$-3.80
EPS

Recent SEC Filings

Form Type Date Filed Document
8-K Current report of material events April 1, 2026 View on SEC
8-K Current report of material events March 23, 2026 View on SEC
10-K Annual financial report March 19, 2026 View on SEC
8-K Current report of material events March 12, 2026 View on SEC
SCHEDULE 13D/A Beneficial ownership amendment March 11, 2026 View on SEC
8-K Current report of material events February 20, 2026 View on SEC
8-K Current report of material events February 12, 2026 View on SEC
DEF 14A Definitive proxy statement February 10, 2026 View on SEC
8-K Current report of material events January 30, 2026 View on SEC
SCHEDULE 13D/A Beneficial ownership amendment January 29, 2026 View on SEC

Annual Reports

10-K March 19, 2026
  • NovaBay is undergoing a major strategic shift, selling all traditional pharmaceutical assets to pivot entirely into blockchain networks and digital assets.
  • The company aims for potentially higher growth markets with its new digital asset focus, including SKYTokens, USDSTokens, and USDTTokens.
View Analysis

Material Events

8-K Strategy Change March 23, 2026
High Impact
  • Complete and immediate shift from pharmaceutical business to stablecoin development, rebranding as "Stablecoin Development Corporation" (SDEV).
  • Secured a significant $134 million investment from key crypto players including R01 Fund LP, Framework Ventures, Sky Frontier Foundation, and Tether Investments.
View Analysis
8-K Financial Distress February 20, 2026
High Impact
  • NovaBay Pharmaceuticals executed a 1-for-5 reverse stock split to bolster its stock price and market position.
  • The split aims to regain compliance with NYSE American's minimum bid price requirement and prevent delisting.
View Analysis
8-K Strategy Change February 12, 2026
High Impact
  • Aims to meet NYSE American's $1.00 minimum bid price to avoid delisting.
  • Designed to attract broader institutional investment by increasing per-share price.
View Analysis
8-K Financial Distress January 28, 2026
High Impact
  • NovaBay's independent auditor, WithumSmith+Brown, PC, has stepped down, confirming the company's dissolution path.
  • The auditor's decision was not due to disagreements but directly stems from NovaBay's stockholder-approved plan of dissolution.
View Analysis

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Important Disclaimer

This AI-generated analysis is for informational purposes only and does not constitute financial or investment advice. Always consult with qualified professionals and conduct your own research before making investment decisions.