USBC sells legacy sensor business for $1, retains 10% revenue share; provides $450k loan

USBC, Inc.

Divested non-invasive sensor tech business for $1 plus 10% revenue share on future Covered Products.
Provided short-term secured promissory note of up to $450,000 to buyer for operating expenses.
Ronald Erickson departed as director and President of Science Division effective March 27, 2026.
Company refocuses on tokenized deposit fintech initiative; retains economic interest in sensor tech.
Divestiture approved by independent Audit Committee; financial impact not expected to be material.

item 1.01item 2.03item 5.02item 7.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.