USBC, Inc. (USBC): M&A transaction — Know Labs sells ~81% control for 1,000 Bitcoin & $15M; new CEO, CFO, COO assume roles

USBC, Inc.

Goldeneye 1995 LLC (Robert Kidd) acquired ~81% of Know Labs common stock on a fully diluted basis for 1,000 Bitcoin + $15M cash.
New Bitcoin treasury strategy; entered Digital Asset Management Agreement with Hyrcanian, 1% annual management fee and 25% performance fee payable in Bitcoin.
Robert Gregory Kidd appointed CEO, Chairman; Kitty Payne CFO; Kirk Chapman COO; Linda Jenkinson Vice Chair of board.
Prior CEO Ronald Erickson transitions to President of Science Division, Senior VP; Peter Conley's employment terminated with 12 months severance.
Company terminated existing debt: repaid Lind $2.35M, Struve $75K and converted ~3M shares, plus repurchased preferred stock.

item 1.01 item 1.02 item 3.02 item 8.01 item 5.01 item 5.02 item 5.03 item 9.01

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.: Changed company name to USBC, Inc. via Certificate of Amendment to Articles of Incorporation (effective 2025-08-15).

Change: charter amendment
Effective: 2025-08-15

Exact text from the filing

On August 6, 2025, the Company filed a Certificate of Amendment to the Company’s articles of incorporation, as amended to date, effecting the Name Change.

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M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

USBC, Inc. completed an acquisition involving Goldeneye 1995 LLC for 1,000 Bitcoin, and $15 million in cash (closed 2025-08-06).

Action: acquisition
Counterparty: Goldeneye 1995 LLC
Consideration: 1,000 Bitcoin, and $15 million in cash
Closing: 2025-08-06

Exact text from the filing

stock, par value $0.001 per share (the “Common Stock”) to the Buyer, at a per Share purchase price of $0.335 in exchange for aggregate purchase price for the Shares of: (i) 1,000 Bitcoin, and (ii) $15 million in cash (together the “Purchase Price”). At its special stockholders meeting held on July 31, 2025, the Company’s stockholders approved: (i) the

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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 0001654954-25-009164

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