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. changed its fiscal year-end from September 30 to December 31; this transition report covers October 1 through December 31, 2025, and its three-month results are not directly comparable with prior annual periods. In August 2025, USBC issued 357,800,000 common shares in connection with Goldeneye 1995 LLC’s $125 million strategic controlling-interest acquisition, in exchange for 1,000 Bitcoin and $15 million cash.
USBC is developing a tokenized-deposit platform with Vast Bank as initial issuing bank and Uphold providing integration and customer access. Phase 1 began March 10, 2026, with internal users only; it is not a public consumer offering and uses company-provided funds. The March 18, 2026 Master Loan Agreement permits borrowing up to $25.0 million for up to 12 months, subject to individual loan term sheets; a March 20, 2026 term sheet sets a $5.0 million fixed-term loan at 8.5% per annum, secured by Bitcoin, primarily for platform development. Reimbursements to Vast are capped at $10.5 million during the agreement term unless mutually agreed. Substantially all treasury reserve assets were Bitcoin as of December 31, 2025. Effective January 1, 2026, the manager’s performance fee is 33% of net realized gains and periodic mark-to-market changes, payable quarterly in Bitcoin.
USBC, Inc. asks shareholders to elect six director nominees, cast a non-binding advisory vote on named executive officer compensation, and ratify BPM LLP as independent registered public accounting firm for the year ending December 31, 2026, at a virtual annual meeting on December 17, 2026. The Board recommends “FOR” each proposal. As of October 26, 2026, 388,169,806 common shares were issued and outstanding and entitled to vote. Goldeneye 1995 LLC beneficially owned a majority of voting power; Robert Gregory Kidd solely owns and manages Goldeneye, and USBC says he can control stockholder outcomes, including director elections.
USBC qualifies as a controlled company and relies on an exemption allowing its nominating and corporate governance committee not to be entirely independent; Linda Jenkinson chairs the committee and is not independent under NYSE American rules. Four of the six directors are independent. Kidd’s annual base salary is $1. Daniel J. Beck, the CFO, is entitled to an annual base salary of $400,000 and was granted options to purchase 2,500,000 common shares at $0.54 per share on October 1, 2026. Twenty-five percent vest on the grant’s first anniversary, with the remainder vesting in equal quarterly installments over the following three years.
USBC, Inc.'s registration statement covers the selling stockholder's resale of up to 357,815,000 shares of common stock; sales under the prospectus may begin only after effectiveness. Amendment No. 6 removes 2,000,000 shares previously included for J3E2A2Z LP, an entity controlled by Ronald P. Erickson, a former director and executive officer, reducing the covered amount from 359,815,000 shares. USBC receives no proceeds from these sales.
USBC is developing a tokenized-deposit platform; Vast Bank is the initial issuing bank, and Uphold provides platform integration and customer access. Phase 2 expands testing after the internal Phase 1 pilot concluded in June 2026. USBC reasonably anticipates completing Phase 2 and initiating Phase 3 in the fourth quarter of 2026, subject to pilot results and required bank-board, regulatory and bank-partner approvals. USBC Pay is not operational, and the company has not entered into merchant agreements.
As of October 23, 2026, $21.0 million was outstanding under USBC's Bitcoin-collateralized loan agreement against a $40.0 million aggregate borrowing commitment, subject to the agreement's terms; borrowings bear interest at 8.5% per annum. USBC reported approximately 1,029.25 Bitcoin valued at approximately $83.0 million. It stated that an approximately 29.5% decline in pledged Bitcoin collateral, assuming no repayment or additional collateral posting, would have reduced collateral coverage to the 130% collateral call margin ratio.
On October 12, 2026, USBC, Inc. entered into a Second Addendum with Payward Interactive, Inc. that increases the aggregate borrowing commitment under their Master Loan Agreement from $25.0 million to $40.0 million, subject to the agreement’s terms and conditions and execution of individual loan term sheets.
As of the addendum’s effective date, $21.0 million of principal was outstanding and $19.0 million remained available for borrowing, subject to borrowing conditions and collateral requirements. Borrowings are secured by Bitcoin held in custody with the lender’s affiliate, Payward Financial, Inc., and are subject to margin requirements and liquidation rights in the event of a collateral shortfall. A related account-control amendment allows Bitcoin collateral securing the loan to also secure certain digital-asset derivative obligations, and vice versa. Collateral may be applied to obligations upon specified events of default.
USBC’s 2026 annual meeting is scheduled for December 17, 2026, and will be virtual; the record date is October 26, 2026. Stockholder proposals and director-nomination notices must be received by October 23, 2026, subject to the company’s bylaws and applicable requirements.
USBC, Inc. states that Kitty B. Payne, identified as a former CFO, Treasurer and Secretary, forfeited 1,342,500 unvested options from one award and 1,470,000 unvested options from another in connection with her transition from the company. She retained 447,500 options from the first award, which became exercisable on August 6, 2026, under the original vesting schedule. The 490,000 options retained from the second award became exercisable on September 1, 2026, after the Board approved accelerating their vesting from October 6, 2026.
USBC, Inc. Chief Financial Officer Daniel J. Beck was granted an option to purchase 2,500,000 shares of common stock on October 1, 2026, under the company’s 2021 Equity Incentive Plan. The option has an exercise price of $0.54 per share. It vests as to 25% of the covered shares on the one-year anniversary of the Grant Date, with quarterly installments thereafter over the next three years, and expires October 1, 2036.
USBC, Inc. entered into an unsecured promissory note with Goldeneye 1995 LLC under which Goldeneye may make advances of up to $22.0 million in aggregate principal. No advances had been made as of the report date. The company intends to use proceeds of any advances for general corporate and working capital purposes. Goldeneye is solely owned and managed by Robert Gregory Kidd, USBC’s Chairman and Chief Executive Officer, and holds a majority of the voting power of USBC’s outstanding common stock; USBC identified the note as a related-party transaction.
Borrowings bear interest at 8.5% per annum, payable quarterly beginning December 31, 2026, and mature September 25, 2029, unless earlier repaid under the note. USBC may prepay the note in whole or in part at any time without premium or penalty. If an event of default occurs and continues, outstanding amounts may become immediately due and payable, and the interest rate may increase to 11.5% per annum.
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.