Business Context and Reporting Period
This Form 8-K Current Report is filed by Know Labs, Inc. (not USBC, Inc.) for the reporting period ending February 26, 2025. The Company is a Nevada corporation headquartered in Seattle, Washington. The filing primarily addresses corporate governance and market listing status updates rather than operational financial results.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a current event disclosure and does not contain audited or unaudited financial statements.
Material Changes
- Market Upgrade: The Company was approved for an upgrade to the OTCQB Venture Market, effective February 26, 2025.
- Ticker Symbol Change: The trading symbol changed from "KNWND" to "KNWN". The "D" suffix was previously assigned for 20 days following a reverse stock split announced by FINRA on February 18, 2025.
- Trading Commencement: Trading under the new symbol and market tier commenced at the open of trading on February 26, 2025.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future performance, or specific risk factors beyond the standard regulatory disclosures. The document notes that the press release attached as Exhibit 99.1 is not deemed "filed" for purposes of Section 18 of the Exchange Act.
Investor Verification Checklist
- Verify the new ticker symbol KNWN on the OTCQB Venture Market.
- Confirm the completion of the reverse stock split previously announced on February 18, 2025.
- Review the attached Press Release (Exhibit 99.1) for any additional context not included in the 8-K summary.
- Note that this filing does not contain financial performance data; refer to the most recent 10-K or 10-Q for financial metrics.