Know Labs shareholders approve 100x increase in authorized shares and private placement with change of control

USBC, Inc.

Authorized common shares increased from 7.5M to 750M (approved 5,036,628 For, 329,796 Against).
Private placement with Goldeneye 1995 LLC for >19.99% of shares and change of control approved (5,085,670 For, 266,619 Against).
2021 Equity Incentive Plan amended to add 48,950,000 shares; total pool now 50M shares (4,777,847 For, 582,030 Against).
Special Meeting adjourned from July 24 to July 31, 2025; quorum achieved with 56.18% of Company Stock represented.
All four proposals passed: authorized shares increase, private placement, plan amendment, and adjournment authority.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

USBC, Inc.: Articles of Incorporation amended to increase authorized Common Stock from 7,500,000 to 750,000,000 shares (effective 2025-07-31).

Change: charter amendment
Effective: 2025-07-31

Exact text from the filing

At the Special Meeting, the stockholders of the Company approved an amendment to the Company’s Articles of Incorporation to increase the Company’s authorized shares of Common Stock from 7,500,000 shares of Common Stock to 750,000,000 shares of Common Stock (the “Articles of Incorporation Amendment”). The Certificate of Amendment to the Articles of Incorporation Amendment was filed with the Nevada Secretary of State on July 31, 2025, and became effective on that date.

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83 governance changes filed in the last 30 days. Browse all governance changes →

USBC, Inc. filing history →

Source: SEC EDGAR

accession 0001654954-25-008797

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