USBC, Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by USBC, Inc. (formerly Know Labs, Inc.) on August 15, 2025. The filing reports corporate governance updates and a rebranding event effective as of the filing date. The company is incorporated in Nevada and trades on the NYSE American LLC under the symbol "USBC."
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses on corporate events rather than financial performance data.
Material Changes
- Corporate Name and Ticker: The company officially changed its name from Know Labs, Inc. to USBC, Inc. and its trading symbol to "USBC" on August 15, 2025.
- Principal Executive Office: The company relocated its principal executive offices to 300 E 2nd Street, 15th Floor, Reno, Nevada 89501.
- Indemnification Agreements: The company adopted a form of indemnification agreement for its current directors and officers, providing for the advancement of expenses and indemnification to the fullest extent permitted by law.
Guidance, Outlook, and Risks
The filing does not contain financial guidance, management commentary on future outlook, or specific risk factors beyond the standard legal protections mentioned in the indemnification agreements. The company maintains directors' and officers' liability insurance to cover certain liabilities under the Securities Act of 1933 and the Exchange Act of 1934.
Key Facts for Investor Verification
- Verify the effective date of the ticker symbol change to "USBC" on the NYSE American LLC.
- Confirm the new principal executive office address in Reno, Nevada.
- Review the full text of the Indemnification Agreement (Exhibit 10.1) for specific terms regarding expense advancement and liability limits.
- Check the press release (Exhibit 99.1) for additional context on the rebranding strategy.