Stablecoin Development Corporation (formerly NovaBay Pharmaceuticals, NYSE: NBY → SDEV) will change its name and ticker, effective April 3, 2026. The company raised approximately $134 million in a January 2026 private placement and holds ~2.06 billion SKY tokens (≈8.78% supply) as of March 16, 2026.
SDEV reported cumulative staking rewards of ~26.6 million SKY, acquired ~1.09 billion SKY on-market at ~$0.065 each using ~$70.7 million, and says warrants carry a weighted-average exercise delay of ~9.9 months.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.