USBC, Inc. — Form S-1/A
Filed October 29, 2026 · analyzed by the Registration Agent
S-1/A
▼ Likely negative
significance 72/100
What the filing says
USBC, Inc. (formerly Know Labs) filed an S-1 registration statement on October 29, 2026, to issue 357,815,000 common shares (par $0.001). Concurrently, USBC entered a consulting agreement with Hard Yaka Ventures Management Co, LLC (HYVM Co) effective July 1, 2026, whereby HYVM Co reimburses USBC for third-party operating expenses related to product development, technology, consulting, and competitive analysis—with no specified dollar cap or minimum service hours. The parties acknowledge common ownership/control. This is a related-party transaction subject to board approval and disclosure requirements.
Why this rating
Massive dilution (357.8M shares issued relative to ~$14.1M market cap) + opaque related-party expense reimbursement with no cap or performance metrics; threatens shareholder value and governance clarity.
Price action (we called it negative)
before filing · preread $0.44 | at our read pending | +10 min pending | +30 min pending | +1 hr pending | +4 hrs pending |
Quotes via Yahoo Finance at capture time; for filings arriving outside market hours the clock starts at the next open. Not investment advice. How accurate are our calls? →
See more from October 29, 2026.
EDGAR·FLOW summarizes public SEC EDGAR filings with automated analysis. Materiality scores and stock-impact predictions are algorithmically generated and are not investment advice. Always verify against the source filing on SEC.gov.