NovaBay Pharmaceuticals Announces One-Time Special Cash Dividend of $0.80 Per Share

Core Points - NovaBay Pharmaceuticals has declared a one-time special cash dividend of $0.80 per share of common stock, payable on September 29, 2025, to stockholders of record as of September 15, 2025 [1][2] - The CEO of NovaBay expressed excitement about the company's future and commitment to returning value to stockholders through this special dividend [2] - The special dividend represents more than 25% of the common stock price, leading to "due bills" for trading during the Dividend Right Period from September 15, 2025, to September 29, 2025 [2][3] Dividend Right Period - Stockholders selling their common stock during the Dividend Right Period will forfeit their right to the special dividend [3] - Due bills will require sellers to deliver the special dividend to the buyers, and the company is not responsible for processing these due bills [4] - The record date of September 15, 2025, will be used to establish due bill tracking for the special dividend [4]