---
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"
generated_at: "2026-05-15T07:47:09.446488+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 5.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-26-002209
- JSON: https://secwatch.observer/filing/0001171843-26-002209.json
- Plain text: https://secwatch.observer/filing/0001171843-26-002209.txt

## Key facts
- Debt Financings
  USBC, Inc. incurred loan of up to $450,000 with Particle Acquisition Corporation at ten percent (10%) per annum maturing September 23, 2026.
  - Instrument: loan
  - Principal: up to $450,000
  - Counterparty: Particle Acquisition Corporation
  - Rate: ten percent (10%) per annum
  - Maturity: September 23, 2026
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1074828/000117184326002209/0001171843-26-002209-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.