---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-010805"
form_type: "8-K"
ticker: "USBC"
cik: "0001074828"
company_name: "USBC, Inc."
filed_at: "2024-08-16T23:59:59+00:00"
generated_at: "2026-05-31T08:47:21.411078+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Know Labs raises $1.655M in registered direct offering of 6,365,385 units at $0.26/unit

## Summary
- Each unit consists of one share common stock and one warrant to buy one share at $0.26.
- Gross proceeds of $1.655M before expenses; offering closed August 15, 2024.
- Proceeds to fund KnowU glucose monitor development, clinical studies, IP, and working capital.
- Advisors Boustead Securities and Benchmark Company get 5% cash fee and warrants for 636,538 shares.
- Shares and warrants issued under effective S-3 shelf registration statement (File No. 333-276246).

## SEC filing metadata
- accession: 0001654954-24-010805
- form_type: 8-K
- ticker: USBC
- cik: 0001074828
- company_name: USBC, Inc.
- filed_at: 2024-08-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1074828/000165495424010805/0001654954-24-010805-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1074828/000165495424010805/knwn_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-010805
- JSON: https://secwatch.observer/filing/0001654954-24-010805.json
- Plain text: https://secwatch.observer/filing/0001654954-24-010805.txt

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