NovaBay Pharmaceuticals Announces Name Change to Stablecoin Development Corporation, Reports Initial Staking Rewards, and Provides SKY Token Holdings Update
NovaBay Pharmaceuticals, Inc. (NBY)
NASDAQ:AMEX Investor Relations:
novabay.com/investors
Company Research
Source: GlobeNewswire
Following $134 million investment from R01 Fund LP, Framework Ventures, Tether Investments, S.A. de C.V., and Sky Frontier Foundation, Stablecoin Development Corporation has acquired 2.06 billion SKY tokens Key Highlights: Corporate name change from NovaBay Pharmaceuticals, Inc. to Stablecoin Development Corporation; ticker symbol change from NBY to SDEV on the NYSE American, expected to be effective on Friday, April 3, 2026Approximately 2.06 billion SKY tokens held as of March 16, 2026, representing approximately 8.78% of the total supply of SKYApproximately 26.6 million SKY tokens earned in cumulative staking rewards since commencing on-chain staking activitiesApproximately 1.09 billion SKY tokens acquired on the open market at an average purchase price of approximately $0.065 per SKY token EMERYVILLE, Calif., March 23, 2026 (GLOBE NEWSWIRE) -- NovaBay Pharmaceuticals, Inc. (NYSE American: NBY) (to be renamed Stablecoin Development Corporation (NYSE American: SDEV)) (“NovaBay,”
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News
- NovaBay Rebrands To Stablecoin Development Corp, Shares Jump 12 Percent [Yahoo! Finance]Yahoo! Finance
- Pharmaceutical stock surges 26% after crypto pivot [Yahoo! Finance]Yahoo! Finance
- Assessing NovaBay Pharmaceuticals' (NBY) Valuation After A Sharp Short Term Share Price Surge [Yahoo! Finance]Yahoo! Finance
NBY
Sec Filings
- 3/23/26 - Form 8-K
- 3/19/26 - Form 10-K
- 3/12/26 - Form 8-K
- NBY's page on the SEC website