secwatch.observer — SEC 8-K summary
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Issuer:     USBC, Inc. (USBC)
CIK:        0001074828
Form:       8-K
Filed at:   2025-01-02T23:59:59+00:00
Accession:  0001654954-24-016026
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Know Labs enters ATM agreement with JonesTrading for up to $5M common stock offering
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- Entered Capital on Demand Sales Agreement with JonesTrading Institutional Services LLC as sales agent.
- May offer and sell up to $5,000,000 in common shares at prevailing market prices via at-the-market offering.
- JonesTrading will receive up to 3.0% commission on gross proceeds; Company covers certain expenses.
- Offering made under effective shelf registration statement (Form S-3) filed Dec 2023, effective Jan 2024.
- No obligation to sell or buy any shares; JonesTrading acts on commercially reasonable efforts basis.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1074828/000165495424016026/0001654954-24-016026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1074828/000165495424016026/knwn_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-24-016026

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer