other_material
confidence high
sentiment neutral
materiality 0.50
USBC ups ATM offering capacity from $5M to $14.5M; raised $1.27M since Dec 2024
USBC, Inc.
- Increased maximum offering under Capital on Demand Sales Agreement with JonesTrading to $14.5 million.
- Since Dec 31, 2024, sold 1,708,124 shares for gross proceeds of ~$1,269,236.
- Outstanding common shares as of Sep 4, 2025: 384,234,130.
- Proceeds to be used for general corporate purposes, including working capital and capex.
- No minimum offering amount; total shares and proceeds not determinable.
item 1.01item 9.01