USBC, Inc. updates name, ticker and governance terms

Q: What corporate changes did USBC, Inc. (formerly Know Labs, Inc., KNW) disclose in this 8-K?

The company reported a change of its corporate name to USBC, Inc., an updated trading symbol to “USBC” on the NYSE American effective August 15, 2025, and a relocation of its principal executive offices to Reno, Nevada.

Q: What indemnification protections did USBC, Inc. put in place for its directors and officers?

USBC, Inc. adopted a form of Indemnification Agreement that provides indemnification to the fullest extent permitted by law and its articles and bylaws for expenses, judgments, fines, penalties, and settlement amounts, along with advancement of expenses subject to reimbursement if indemnification is later deemed unavailable.

Q: Who will receive the new indemnification agreements at USBC, Inc.?

The company is entering into the new Indemnification Agreements with each of its current directors and officers.

Q: Does USBC, Inc. have insurance coverage for its directors and officers?

Yes. USBC, Inc. maintains a directors’ and officers’ liability insurance policy under which its directors and officers are insured against certain liabilities, including some under the Securities Act of 1933 and the Exchange Act of 1934.

Q: What exhibits were filed with this USBC, Inc. 8-K?

The company filed Exhibit 10.1, a Form of Indemnification Agreement, and Exhibit 99.1, a press release dated August 15, 2025 announcing the name and ticker change.

USBC, Inc., formerly known as Know Labs, Inc., reported several corporate changes and governance updates.

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Form Type

8-K

Rhea-AI Filing Summary

USBC, Inc., formerly known as Know Labs, Inc., reported several corporate changes and governance updates. The company adopted a new form of indemnification agreement for its directors and officers, providing indemnification to the fullest extent permitted by law and its governing documents, including advancement of expenses with reimbursement if indemnification is later found unwarranted. The company also maintains a directors’ and officers’ liability insurance policy covering certain securities law liabilities.

The company completed a change of its corporate name to USBC, Inc. and updated its trading symbol to “USBC” on the NYSE American, each effective August 15, 2025. In addition, the principal executive offices were relocated to Reno, Nevada.

8-K Event Classification

3 items: 5.02, 8.01, 9.01

3 items

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What corporate changes did USBC, Inc. (formerly Know Labs, Inc., KNW) disclose in this 8-K?

The company reported a change of its corporate name to USBC, Inc., an updated trading symbol to “USBC” on the NYSE American effective August 15, 2025, and a relocation of its principal executive offices to Reno, Nevada.

What is the new stock ticker for USBC, Inc. on the NYSE American?

The company’s common stock now trades on the NYSE American under the new symbol “USBC”, effective August 15, 2025.

What indemnification protections did USBC, Inc. put in place for its directors and officers?

USBC, Inc. adopted a form of Indemnification Agreement that provides indemnification to the fullest extent permitted by law and its articles and bylaws for expenses, judgments, fines, penalties, and settlement amounts, along with advancement of expenses subject to reimbursement if indemnification is later deemed unavailable.

Who will receive the new indemnification agreements at USBC, Inc.?

The company is entering into the new Indemnification Agreements with each of its current directors and officers.

Does USBC, Inc. have insurance coverage for its directors and officers?

Yes. USBC, Inc. maintains a directors’ and officers’ liability insurance policy under which its directors and officers are insured against certain liabilities, including some under the Securities Act of 1933 and the Exchange Act of 1934.

What exhibits were filed with this USBC, Inc. 8-K?

The company filed Exhibit 10.1, a Form of Indemnification Agreement, and Exhibit 99.1, a press release dated August 15, 2025 announcing the name and ticker change.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 08/15/2025 - 08:31 AM

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 15, 2025

USBC, INC.

(Exact name of registrant as specified in its charter)

Nevada

001-37479

90-0273142

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

300 E 2nd Street, 15th Floor, Reno, Nevada		89501
(Address of principal executive offices)		(Zip Code)

(206) 903-1351

(Registrant’s telephone number, including area code)

Know Labs, Inc.

619 Western Avenue, Suite 610, Seattle, Washington 98104

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, par value $0.001		USBC		NYSE American LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

Emerging Growth Company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers

Indemnification Agreements

USBC, Inc. (the “Company”) adopted a form of indemnification agreement (the “Indemnification Agreement”), which provides, among other things, for indemnification to the fullest extent permitted by law and the Company’s restatement of articles of incorporation, as amended and second amended and restated bylaws against any and all expenses, judgments, fines, penalties and amounts paid in settlement of any claim. The Indemnification Agreement provides for the advancement or payment of all expenses to the indemnitee and for reimbursement to us if it is found that such indemnitee is not entitled to such indemnification under applicable law and the Company’s restatement of articles of incorporation, as amended and second amended and restated bylaws.

The Company is entering into Indemnification Agreements with each of its current directors and officers.

The Company also maintains a directors’ and officers’ liability insurance policy pursuant to which its directors and officers are insured against certain liabilities, including certain liabilities under the Securities Act of 1933, as amended and the Exchange Act of 1934, as amended.

The foregoing description of the Indemnification Agreement is not complete and is subject to the full text of the Form of Indemnification Agreement, a copy of which is included as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated by reference herein.

Item 8.01 Other Events

Name & Ticker Change

On August 15, 2025, the Company issued a press release announcing the completion of the change in the name of the Company to USBC, Inc. and the change in trading symbol of the Company to “USBC” on the NYSE American LLC, each effective August 15, 2025. A copy of the press release is filed hereto as Exhibit 99.1 and is incorporated herein by reference.

Change of Address

The Company changed the address of its principal executive offices to Reno, Nevada.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

The following exhibits are filed herewith:

Exhibit No.		Description
10.1*		Form of Indemnification Agreement.
99.1		Press Release, dated August 15, 2025.

* Management contract or compensatory plan or arrangement.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	USBC, INC.

Date: August 15, 2025	By:	/s/ Robert Gregory Kidd
	Name:	Robert Gregory Kidd
	Title:	Chief Executive Officer

Source: View Original Filing on SEC EDGAR