{"schema_version":"secwatch.filing_event.v1","accession":"0001161697-25-000467","form_type":"8-K","ticker":"USBC","cik":"0001074828","company_name":"USBC, Inc.","filed_at":"2025-12-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.729370+00:00","generated_at":"2026-05-16T12:51:48.314269+00:00","sec_items":["5.02","5.03","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"USBC COO Kirk Chapman departs; Series C/D/H preferred stock designations withdrawn","bullets":["Kirk Chapman mutually agreed to step down as COO effective Dec 15, 2025; departure not due to any disagreement.","Company terminated designations for Series C, D, and H Convertible Preferred Stock; no shares were outstanding.","Certificates of withdrawal filed with Nevada Secretary of State on Dec 11, 2025; provisions deleted from articles."],"urls":{"canonical":"https://secwatch.observer/filing/0001161697-25-000467","json":"https://secwatch.observer/filing/0001161697-25-000467.json","markdown":"https://secwatch.observer/filing/0001161697-25-000467.md","text":"https://secwatch.observer/filing/0001161697-25-000467.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1074828/000116169725000467/0001161697-25-000467-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1074828/000116169725000467/form_8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T12:51:48.314269+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"05cabdd90642dcebc60f6eb5c7cb5e3fa06f96dd","claim":"USBC, Inc.: Certificates of withdrawal filed to terminate the designations for Series C, Series D, and Series H Convertible Preferred Stock, deleting related provisions from the Restated Articles of Incorporation (effective 2025-12-11).","evidence_excerpt":"On December 11, 2025, the Company filed with the Secretary of State of the State of Nevada certificates of withdrawal to terminate the designations for the Company’s Series C Convertible Preferred Stock, Series D Convertible Preferred Stock, and Series H Convertible Preferred Stock.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1074828/000116169725000467/0001161697-25-000467-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2025-12-11"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}