USBC approves reverse stock split 1:2 to 1:5; tokenized deposit product testing advances

USBC, Inc.

Majority holder Goldeneye 1995 LLC (92.2% voting power) approved reverse split via written consent on June 15, 2026.
Reverse split ratio range 1-for-2 to 1-for-5; board approved June 12, 2026; effective within 12 months of approval.
Company completed initial technical testing of USBC tokenized deposit product with limited internal users.
Development costs accelerating; company expects to issue additional common shares to fund future capital needs.
Reverse split intended to improve stock marketability for capital raising; no guarantee of achieving objectives.

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