---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-010379"
form_type: "8-K"
ticker: "USBC"
cik: "0001074828"
company_name: "USBC, Inc."
filed_at: "2024-08-13T23:59:59+00:00"
generated_at: "2026-05-31T09:34:38.832102+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Know Labs raises $3.445M in underwritten public offering of 13.25M units at $0.26/unit

## Summary
- Offering of 13,250,000 units, each consisting of one share of common stock and one warrant (exercise price $0.26).
- Gross proceeds of $3.445M; underwriters' over-allotment partially exercised for 1,987,500 warrants.
- Net proceeds to fund product development, clinical studies, IP, and working capital.
- Offering closed on August 9, 2024; Benchmark and Boustead acted as joint book-runners.
- Warrants exercisable at $0.26 per share; Representative options granted at same price.

## SEC filing metadata
- accession: 0001654954-24-010379
- form_type: 8-K
- ticker: USBC
- cik: 0001074828
- company_name: USBC, Inc.
- filed_at: 2024-08-13T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1074828/000165495424010379/0001654954-24-010379-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1074828/000165495424010379/knwn_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-010379
- JSON: https://secwatch.observer/filing/0001654954-24-010379.json
- Plain text: https://secwatch.observer/filing/0001654954-24-010379.txt

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