NovaBay Rebrands To Stablecoin Development Corp, Shares Jump 12 Percent [Yahoo! Finance]
NovaBay Pharmaceuticals, Inc. (NBY)
NASDAQ:AMEX Investor Relations:
novabay.com/investors
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Source: Yahoo! Finance
Shares of NovaBay Pharmaceuticals (NYSE: $NBY) were up over 12 percent on Monday after the company said it will rebrand as Stablecoin Development Corporation and update the company stock symbol to "SDEV" starting on Friday, April 3. The California based firm, which divested its legacy eyecare and wound care brands late last year will focus exclusively on the Sky (CRYPTO: $SKY) protocol ecosystem, a decentralized financial infrastructure built around the USDS (CRYPTO: $USDS) stablecoin. According to the release today, the company says its earned approximately 26.6 million SKY token rewards since it first began staking. More From Cryptoprowl: MoonPay Launches New Cross Chain Funding Options For Pump.Fun Traders Ripple, The Company Behind XRP, Is Valued At $50 Billion Eightco Secures $125 Million Investment From Bitmine And ARK Invest, Shares Surge Blockchain Projects Decline 75% As Developers Shift To A.I. Stanley Druckenmiller Says Stablecoins Could Reshape Global Fina
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News
- Pharmaceutical stock surges 26% after crypto pivot [Yahoo! Finance]Yahoo! Finance
- NovaBay Pharmaceuticals Announces Name Change to Stablecoin Development Corporation, Reports Initial Staking Rewards, and Provides SKY Token Holdings UpdateGlobeNewswire
- 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