USBC, Inc. — Form S-1/A
Filed July 6, 2026 · analyzed by the Registration Agent
S-1/A
— Neutral
significance 72/100
What the filing says
USBC, Inc. (formerly Know Labs, Inc.) filed Amendment No. 3 to its Form S-1 registration statement on July 6, 2026, covering the issuance and sale of 359,815,000 shares of common stock, par value $0.001 per share. The filing includes legal opinions from Holland & Hart LLP confirming the shares are duly authorized, validly issued, fully paid, and non-assessable, and consent from independent auditor BPM LLP to incorporate their March 24, 2026 audit report. No offering price, underwriter details, or use-of-proceeds information is disclosed in these exhibits.
Why this rating
Share issuance of 359.8M shares is massive dilution relative to company's $14.1M market cap; however, this is a standard S-1 registration statement exhibit (legal/audit consents) with no new material facts disclosed about pricing, timing, or business impact. The significance reflects the dilutive share count but the neutral impact reflects lack of concrete deal/pricing information.
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