{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-26-002209","form_type":"8-K","ticker":"USBC","cik":"0001074828","company_name":"USBC, Inc.","filed_at":"2026-04-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:31.913234+00:00","generated_at":"2026-05-15T07:47:09.446488+00:00","sec_items":["1.01","2.03","5.02","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"USBC sells legacy sensor business for $1, retains 10% revenue share; provides $450k loan","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-26-002209","json":"https://secwatch.observer/filing/0001171843-26-002209.json","markdown":"https://secwatch.observer/filing/0001171843-26-002209.md","text":"https://secwatch.observer/filing/0001171843-26-002209.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1074828/000117184326002209/0001171843-26-002209-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1074828/000117184326002209/f8k_040226.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T07:47:09.446488+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":"ddc74b14d89692e1cb2ac860e7cdb0e0941b1120","claim":"USBC, Inc. incurred loan of up to $450,000 with Particle Acquisition Corporation at ten percent (10%) per annum maturing September 23, 2026.","evidence_excerpt":"On March 27, 2026, the Company and the Buyer entered into a short-term secured promissory note (the \"Note\") agreement in an aggregate principal sum of up to $450,000 solely to fund a portion of Buyer’s operating expenses until permanent equity financing is secured by the Buyer.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1074828/000117184326002209/0001171843-26-002209-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"up to $450,000"},{"label":"Counterparty","value":"Particle Acquisition Corporation"},{"label":"Rate","value":"ten percent (10%) per annum"},{"label":"Maturity","value":"September 23, 2026"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}