Welcome to our dedicated page for USBC SEC filings (Ticker: USBC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The USBC, Inc. (NYSE American: USBC) SEC filings page on Stock Titan provides direct access to the company’s regulatory disclosures, along with AI-powered summaries that help explain complex documents in plain language. USBC is a Nevada-incorporated, publicly traded, multi-disciplinary technology company that focuses on digital financial technologies, including tokenized U.S. dollar deposits and a Bitcoin treasury strategy, as well as non-invasive health monitoring research.
Through its registration statements on Form S-1 and S-1/A, USBC outlines its business overview, corporate history, and strategic transition from its legacy non-invasive sensor technology operations as Know Labs, Inc. to a broader financial technology platform. These filings describe the USBC tokenized deposit offering, a U.S.-dollar denominated tokenized representation of a bank deposit account that operates on blockchain technology and is embedded with digital identity, and detail the establishment of a Bitcoin treasury as a primary reserve asset.
Current and prospective investors can review USBC’s Forms 8-K for information on material events, including the strategic investment by Goldeneye 1995 LLC, changes to its equity incentive plans, executive departures and related separation agreements, option repricing and new equity grants, and amendments to digital asset management agreements for its Bitcoin treasury strategy. These filings also document the company’s name and ticker change to USBC, Inc. and “USBC” on the NYSE American.
On Stock Titan, AI-generated insights highlight key sections of USBC’s filings, such as risk factor discussions, descriptions of the tokenized deposit model and Bitcoin treasury program, and details of significant capital transactions. Users can also track updates related to equity compensation plans and governance decisions reported under Item 5.02 of Form 8-K. Real-time integration with EDGAR helps ensure that new USBC filings, including future annual reports on Form 10-K, quarterly reports on Form 10-Q, and additional 8-Ks, are quickly available with concise explanations of their main points.
USBC, Inc. (USBC) filed an initial insider ownership report for Beck Daniel J in connection with his role as Chief Financial Officer. Effective August 27, 2026, Beck Daniel J was appointed CFO of USBC, and this Form 3 establishes his status as an officer but reports no transactions or holdings.
USBC, Inc. (USBC) reported entering a new direct financial obligation by drawing an additional fixed-rate borrowing of $3.0 million on September 11, 2026 under its Master Loan Agreement with Payward Interactive, Inc., increasing total principal outstanding under this Bitcoin-backed credit facility to $21.0 million.
The borrowing bears interest at 8.5% per annum and matures on September 11, 2027. It is secured solely by 479 Bitcoin held by an affiliate custodian, subject to margin and liquidation provisions. A decline of about 27.4% in the pledged Bitcoin value would have reduced collateral coverage to the 130% collateral call margin ratio as of September 14, 2026, and no collateral calls or liquidations had occurred by that date.
USBC, Inc. (USBC) has filed Amendment No. 5 to its Form S-1 to register for resale up to 359,815,000 shares of common stock. These consist of 357,815,000 shares issued to Goldeneye 1995 LLC in exchange for 1,000 Bitcoin and $15 million in cash, and 2,000,000 shares issued to J3E2A2Z LP in connection with the redemption of Series H preferred stock. USBC will not receive any proceeds from sales by the selling stockholders; its common stock trades on NYSE American at a last reported price of $0.45 on August 24, 2026, with 388,144,429 shares outstanding as of that date.
The company describes a strategic pivot into a blockchain-based USBC tokenized deposit platform operated with Vast Bank, N.A. as issuing bank and Uphold HQ Inc. as integration partner, now in phased pilot testing prior to a potential commercial launch. It also details a Bitcoin-focused treasury of approximately 1,029.25 Bitcoin (about $81.0 million) held with institutional custodians, a Bitcoin‑collateralized Master Loan Agreement with up to $25.0 million of borrowing capacity (with $18.0 million outstanding at 8.5% interest), and an Affiliate Services Agreement with Vast Holdings, Inc. capped at $10.5 million of reimbursable development costs. USBC remains a smaller reporting company and highlights extensive digital-asset and regulatory risks.
USBC, Inc. (USBC) reported the appointment of Daniel J. Beck as Chief Financial Officer, effective August 27, 2026. His employment is at will and he will also serve as the company’s Principal Financial and Accounting Officer.
Mr. Beck will receive an annual base salary of $400,000 and, subject to Compensation Committee approval, an option to purchase 2,500,000 shares of common stock under the 2021 Amended and Restated Equity Incentive Plan, with an exercise price equal to the market price at issuance. The option vests over four years, with 25% vesting on the first anniversary of grant and the remaining 75% vesting ratably over the next three years, conditioned on continued employment. USBC states there are no arrangements, family relationships, or related-party transactions connected to his appointment and discloses that Mr. Beck is a named defendant in ongoing SVB-related litigation, with no adverse factual findings or judgments concerning him to date.
USBC, Inc. (USBC) reported a Chief Financial Officer transition. On August 21, 2026, Kitty Payne informed the company she will move from serving as USBC’s CFO to become Chief Financial Officer of Vast Bank, N.A., an affiliated national bank headquartered in Tulsa, Oklahoma.
Ms. Payne will begin her new role at Vast Bank effective August 31, 2026. The company states that her move reflects the continued advancement of its tokenized deposit initiative, with Vast Bank serving as the initial issuing bank. USBC notes that her decision does not result from any disagreement regarding its operations, policies, or practices and that a successor CFO has been identified and will be announced separately.
USBC, Inc. director William Arthur Owens received a grant of options to purchase 120,000 shares of common stock on August 12, 2026 at an exercise price of $0.36 per share, expiring August 12, 2036. The options vest as to 10,000 shares on September 30, 2026 and in eleven additional quarterly installments of 10,000 shares through June 30, 2029. Following this grant, he holds options on 120,000 shares, a warrant covering 500 shares at $68.00 per share (reflecting a prior 1-for-40 reverse stock split), and 48,692 shares of common stock directly.
USBC, Inc. director Takesako Ichiro received a compensatory grant of options on 120,000 shares of common stock on August 12, 2026 under the Amended and Restated 2021 Equity Incentive Plan. The options have a $0.36 exercise price, vest as to 10,000 shares on September 30, 2026 and in eleven quarterly installments of 10,000 shares through June 30, 2029, and expire on August 12, 2036. Following this grant, he directly holds options on 120,000 shares, a warrant covering 500 shares at $68.00 per share, and 28,875 shares of common stock, all figures reflecting a 1-for-40 reverse stock split effective February 19, 2025.
USBC, Inc. reported that director Jon Pepper received a grant of stock options for 120,000 shares of common stock at an exercise price of $0.36 per share, expiring on August 12, 2036. The options vest as to 10,000 shares on September 30, 2026 and in eleven quarterly installments of 10,000 shares through June 30, 2029. Following this award, Pepper holds 37,850 shares of common stock directly and a warrant covering 500 shares at an exercise price of $68.00, which reflects a 1-for-40 reverse stock split effective February 19, 2025.
USBC, Inc. reported that director Larry K. Ellingson received a compensatory grant of an option to purchase 120,000 shares of common stock at an exercise price of $0.36 per share. The option expires on August 12, 2036 and vests 10,000 shares on September 30, 2026 and in eleven quarterly installments of 10,000 shares through June 30, 2029. Following this grant, Ellingson directly holds 25,404 shares of USBC common stock.
USBC, Inc. is a pre-revenue fintech company building a tokenized U.S. dollar deposit platform and running a Bitcoin treasury strategy. For the six months ended June 30, 2026, it reported a net loss of $46.3 million, including a $29.7 million unrealized loss on digital assets, $11.2 million of stock-based compensation, and a $2.5 million provision for credit losses, partly offset by an $12.0 million deferred tax benefit.
Total assets were $66.5 million, dominated by $58.1 million of digital assets (principally Bitcoin). Cash and cash equivalents were $3.0 million. The company has a $15.0 million Bitcoin‑collateralized loan outstanding, secured by Bitcoin valued at $22.8 million, and also generates option premium income from Bitcoin derivatives, producing $2.2 million realized gains in the first half.
USBC divested its legacy non‑invasive sensor business in March 2026 to focus on digital‑asset banking infrastructure. It has no revenue yet and is funding development largely through Bitcoin holdings, equity compensation, and debt. Management cites its cash, unencumbered digital assets, and credit facility in concluding there is no substantial doubt about its ability to continue as a going concern over the next 12 months.