Professional
Added to YB: 2024-10-25
Pitch date: 2024-10-25
NBY [neutral]
Stablecoin Development Corporation
-43.48%
current return
Author Info
Special Situation Investments focuses on event-driven trades and low risk arbitrage opportunities with short term catalysts. Sign up for the newsletter.
Company Info
Stablecoin Development Corporation engages in the accumulation and holding of digital assets for participation in blockchain-based networks.
Market Cap
$199.4M
Pitch Price
$1.80
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
0.80
EV/Sales
-8.26
Sector
Pharmaceuticals
Category
special_situation
NovaBay Pharmaceuticals Faces Liquidation: Potential Opportunity or Risk?
NBY (liquidation - monitoring): Biopharma in liquidation. Sold key asset for $9.5M. Est. liquidation value $3.2M vs $2.9M mcap. $700k cash, $3M liabilities (Sept '24). $4M July raise not reflected. Burn rate $3-4M. Shareholder vote Nov 22. More info needed before investing. Watching closely.
Read full article (1 min)