SDEV Stablecoin Development Corp

“our Chief Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures were not effective as of September 30, 2026.”

“the previously disclosed material weakness in our internal control over financial reporting, which relates to the review of the contractual terms of our outstanding equity-linked financial instruments and the identification of triggering events under those instruments”

“limitations on the Company s ability to access the capital markets and to maintain its NYSE American listing, the unremediated material weakness in the Company s internal control over financial reporting, and the other risks described in the Company s Annual Report on Form 10-K”