Highest-materiality recent filing
USBC draws $5M under MLA (total $10M); tokenized deposit Phase 1 testing ongoing
USBC drew additional $5M under existing Master Loan Agreement with Payward Interactive, increasing total borrowings to $10M.
Ronald P. Erickson departs USBC as director and Science Division President; receives severance
Erickson's service concluded March 27, 2026, following divestiture of legacy sensor business.
USBC sells legacy sensor business for $1, retains 10% revenue share; provides $450k loan
Divested non-invasive sensor tech business for $1 plus 10% revenue share on future Covered Products.
USBC regains NYSE American listing compliance; delisting risk resolved
NYSE American notified USBC on March 27, 2026 of full compliance with continued listing standards.
USBC reprices 83M outstanding stock options to $0.37; includes CFO and Vice Chair holdings
Board approved repricing of all 83.0 million outstanding options to $0.37 per share (closing price on March 18, 2026).
USBC initiates Phase 1 internal employee pilot for tokenized deposit offering
Phase 1 launched with limited internal users for technical readiness testing in non-production environment.
USBC signs definitive triparty agreement with Uphold and Vast Bank for tokenized deposits
Agreement dated Jan 20, 2026; press release Jan 26, 2026.
USBC COO Kirk Chapman departs; separation agreement includes $320k severance
Kirk Chapman, COO, mutually agreed to leave effective Dec 15, 2025; he joined the Company in Aug 2025.
USBC COO Kirk Chapman departs; separation agreement provides $320K salary severance through Dec 2026
COO Kirk Chapman departed effective Dec 15, 2025; separation agreement signed Jan 6, 2026.
USBC amends digital asset management agreement for Bitcoin treasury strategy
USBC entered an amended and restated Digital Asset Management Agreement with Hyrcanian Asset Management on December 12, 2025.
USBC COO Kirk Chapman departs; Series C/D/H preferred stock designations withdrawn
Kirk Chapman mutually agreed to step down as COO effective Dec 15, 2025; departure not due to any disagreement.
USBC board member John Cronin resigns effective Nov 19, 2025
John Cronin resigned from the USBC Board of Directors on November 19, 2025.
USBC reprices 48.6M options to $1.10, grants 55M new options to execs
Board repriced 48,620,000 outstanding options from $2.45 to $1.10 per share on Oct 7.
USBC shareholders approve amended 2021 equity plan, adding 65M shares
Plan approved with 362.7M for vs. 2.4M against; authorized shares increased by 65M to 115M plus evergreen.
USBC ups ATM offering capacity from $5M to $14.5M; raised $1.27M since Dec 2024
Increased maximum offering under Capital on Demand Sales Agreement with JonesTrading to $14.5 million.
USBC completes name/ticker change to USBC after $125M acquisition by Goldeneye 1995 LLC
Name changed from Know Labs to USBC, Inc.; ticker changed to USBC on NYSE American, effective Aug 15, 2025.
Know Labs sells ~81% control for 1,000 Bitcoin & $15M; new CEO, CFO, COO assume roles
Goldeneye 1995 LLC (Robert Kidd) acquired ~81% of Know Labs common stock on a fully diluted basis for 1,000 Bitcoin + $15M cash.
Authorized common shares increased from 7.5M to 750M (approved 5,036,628 For, 329,796 Against).
Know Labs enters bridge loan agreement for up to $350,000 with Goldeneye 1995 LLC
Initial term loan of $90,000 funded on July 28, 2025; additional loans up to $260,000 at lender's discretion.
Greg Kidd affiliate to acquire controlling interest in Know Labs with Bitcoin treasury strategy
Buyer to pay 1,000 Bitcoin + $12M-$15M cash for shares at $0.335/share, achieving controlling interest.
Know Labs issues 16,916 Series H preferred shares to CEO affiliate in $1.18M debt conversion
Converted $1,184,066 in insider debt into 16,916 shares of Series H Convertible Preferred Stock.
The Conley Amendment provides that Mr. Conley’s employment term will terminate automatically upon the consummation of the transactions contemplated by Purchase Agreement.
Max materiality 1.00 · Median 0.55 · Most common event other_material