{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-25-006660","form_type":"8-K","ticker":"USBC","cik":"0001074828","company_name":"USBC, Inc.","filed_at":"2025-06-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.430542+00:00","generated_at":"2026-05-19T18:01:42.899612+00:00","sec_items":["1.01","3.02","5.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Greg Kidd affiliate to acquire controlling interest in Know Labs with Bitcoin treasury strategy","bullets":["Buyer to pay 1,000 Bitcoin + $12M-$15M cash for shares at $0.335/share, achieving controlling interest.","Bitcoin will become principal balance sheet asset; management will use mNAV metric to measure premium/discount.","Greg Kidd to become CEO and Chairman; Ron Erickson becomes Vice Chairman and President of diagnostics division.","Closing expected Q3 2025, subject to shareholder approval; ~37% voting power already committed via support agreements.","Implied entry mNAV 1.22x, Bitcoin 82% of $128M market cap (assumes $105K/BTC)."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-25-006660","json":"https://secwatch.observer/filing/0001654954-25-006660.json","markdown":"https://secwatch.observer/filing/0001654954-25-006660.md","text":"https://secwatch.observer/filing/0001654954-25-006660.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1074828/000165495425006660/0001654954-25-006660-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1074828/000165495425006660/knwn_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T18:01:42.899612+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5a987db0a1","claim":"Peter Conley was terminated as other_named_officer at USBC, Inc..","evidence_excerpt":"The Conley Amendment provides that Mr. Conley’s employment term will terminate automatically upon the consummation of the transactions contemplated by Purchase Agreement.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1074828/000165495425006660/0001654954-25-006660-index.htm","confidence":0.9,"family_label":"Executive change","details":[{"label":"Action","value":"terminated"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}