USBC, Inc. (USBC): debt financing — Know Labs enters bridge loan agreement for up to $350,000 with Goldeneye 1995 LLC

USBC, Inc.

Initial term loan of $90,000 funded on July 28, 2025; additional loans up to $260,000 at lender's discretion.
Bridge loan accrues interest at 12% per annum; maturity on the earlier of Jan 28, 2026 or demand by lender.
Proceeds intended to bridge to a previously announced private placement of common stock.
Event of default triggers acceleration of all principal and accrued interest; default includes non-payment or bankruptcy.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

USBC, Inc. incurred loan of up to $350,000 with Goldeneye 1995 LLC at 12% per annum maturing the earlier of (i) January 28, 2026 or (ii) demand by the Buyer.

Instrument: loan
Principal: up to $350,000
Counterparty: Goldeneye 1995 LLC
Rate: 12% per annum
Maturity: the earlier of (i) January 28, 2026 or (ii) demand by the Buyer
Event: incurrence

Exact text from the filing

the Company and the Buyer entered into a Promissory Note (the "Bridge Note"), pursuant to which the Buyer has agreed to loan the Company an aggregate amount of up to $350,000 (the "Bridge Loan")

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USBC, Inc. filing history →

Source: SEC EDGAR

accession 0001654954-25-008656

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