secwatch.observer — SEC 8-K summary
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Issuer:     USBC, Inc. (USBC)
CIK:        0001074828
Form:       8-K
Filed at:   2025-09-05T23:59:59+00:00
Accession:  0001654954-25-010447
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

USBC ups ATM offering capacity from $5M to $14.5M; raised $1.27M since Dec 2024
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1074828/000165495425010447/0001654954-25-010447-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1074828/000165495425010447/usbc_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-25-010447

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer