Stablecoin Development Corp 8K

Stablecoin Development Corporation appointed Henry Blynn as Chief Operating Officer under an amended and restated employment agreement that replaces his prior consulting and employment arrangements and defines his compensation, severance, and restrictive covenants.

On July 16, 2026, Stablecoin Development Corporation (f/k/a NovaBay Pharmaceuticals, Inc.) entered into an amended and restated employment agreement with Henry Blynn, transitioning him from his prior role as Head of Business Operations and Strategy to Chief Operating Officer on a full‑time basis, and setting forth his compensation (including a $300,000 base salary and eligibility for an annual bonus targeted at 50% of base salary), benefits, expense reimbursement, confidentiality, intellectual property, non-solicitation and other restrictive covenants, as well as detailed terms governing termination (for cause, without cause, for good reason, death or disability), severance benefits (including enhanced severance in connection with a change in control), and Section 409A-compliant payment mechanics, which collectively supersede his prior consulting and employment arrangements with the company.

Filing Facts

CIK

1389545

Ticker

-

Form

8K

Source Type

sec

Accession

0001437749-26-023764

Alert Tier

5