---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-015668"
form_type: "8-K"
ticker: "USBC"
cik: "0001074828"
company_name: "USBC, Inc."
filed_at: "2024-12-18T23:59:59+00:00"
generated_at: "2026-05-29T01:55:32.093019+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Know Labs raises $300K in registered direct offering of units at $0.24 per unit

## Summary
- 1,250,000 units sold at $0.24/unit, each unit = one share + one warrant exercisable at $0.24 for 5 years.
- Gross proceeds ~$300K before fees; net proceeds for KnowU glucose monitor development, clinical studies, and working capital.
- Placement agent Boustead Securities receives 7% cash fee and a warrant for 87,500 shares at $0.24.
- Warrants include cashless exercise option; offering priced at-the-market under NYSE American rules.
- Offered via effective shelf registration S-3 (File 333-276246) and prospectus supplement filed December 13, 2024.

## SEC filing metadata
- accession: 0001654954-24-015668
- form_type: 8-K
- ticker: USBC
- cik: 0001074828
- company_name: USBC, Inc.
- filed_at: 2024-12-18T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1074828/000165495424015668/0001654954-24-015668-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1074828/000165495424015668/knwn_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-015668
- JSON: https://secwatch.observer/filing/0001654954-24-015668.json
- Plain text: https://secwatch.observer/filing/0001654954-24-015668.txt

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