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USBC Announces Completion of Corporate Name and Ticker Change Following Strategic Acquisition

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USBC (NYSE American: USBC), formerly known as Know Labs, has completed its corporate rebranding following a significant strategic acquisition. The company announced the successful implementation of its new name and ticker symbol change, effective August 15, 2025.

This transformation follows the $125 million strategic acquisition of a controlling interest by Goldeneye 1995 LLC, completed on August 6, 2025. The acquisition was led by Greg Kidd, who has been appointed as the Company's new Chairman and CEO. The rebranding aligns with the company's new strategic focus on the USBC deposit token.

USBC (NYSE American: USBC), prima nota come Know Labs, ha completato il proprio rebranding aziendale in seguito a una rilevante acquisizione strategica. La società ha annunciato l'adozione del nuovo nome e del nuovo simbolo ticker, effettivi dal 15 agosto 2025.

La trasformazione segue l'acquisizione strategica da 125 milioni di dollari di una partecipazione di controllo da parte di Goldeneye 1995 LLC, perfezionata il 6 agosto 2025. L'operazione è stata guidata da Greg Kidd, nominato nuovo Presidente e CEO della società. Il rebranding riflette il nuovo orientamento strategico verso il token di deposito USBC.

USBC (NYSE American: USBC), anteriormente conocida como Know Labs, ha completado su cambio de marca corporativa tras una importante adquisición estratégica. La compañía anunció la implementación de su nuevo nombre y símbolo bursátil, efectivos el 15 de agosto de 2025.

Esta transformación se produce después de la adquisición estratégica de 125 millones de dólares de una participación mayoritaria por parte de Goldeneye 1995 LLC, finalizada el 6 de agosto de 2025. La operación estuvo liderada por Greg Kidd, quien ha sido nombrado Presidente y CEO de la compañía. El rebranding se alinea con el nuevo enfoque estratégico en el token de depósito USBC.

USBC (NYSE American: USBC), 이전 명칭 Know Labs,은(�) 중대� 전략� 인수� 따라 회사� 리브랜딩� 완료했습니다. 회사� 2025� 8� 15일부� � 이름� 티커(symbol) 변경이 시행되었다고 발표했습니다.

이번 변화는 Goldeneye 1995 LLC가 지� 지분을 1� 2500� 달러 규모� 인수� 것을 계기� 이루어졌으며, 해당 인수� 2025� 8� 6일에 완료되었습니�. 인수� 그렉 키드(Greg Kidd)가 주도했으�, 그는 회사� 새로� 회장 � CEO� 임명되었습니�. 이번 리브랜딩은 USBC 예치 토큰� 대� 회사� 새로� 전략� 초점� 반영합니�.

USBC (NYSE American: USBC), anciennement Know Labs, a achevé son repositionnement d'entreprise suite à une acquisition stratégique majeure. La société a annoncé la mise en place de son nouveau nom et de son nouveau symbole boursier, effectifs au 15 août 2025.

Cette transformation intervient après l'acquisition stratégique de 125 millions de dollars d'une participation de contrôle par Goldeneye 1995 LLC, finalisée le 6 août 2025. L'acquisition a été menée par Greg Kidd, nommé nouveau président et CEO de la société. Le rebranding s'aligne sur le nouvel axe stratégique de l'entreprise centré sur le token de dépôt USBC.

USBC (NYSE American: USBC), früher bekannt als Know Labs, hat nach einer bedeutenden strategischen Übernahme sein Unternehmensrebranding abgeschlossen. Das Unternehmen gab die Einführung des neuen Namens und des neuen Tickers bekannt, die am 15. August 2025 wirksam wurden.

Die Änderung folgt auf die strategische Übernahme im Umfang von 125 Millionen US-Dollar einer Mehrheitsbeteiligung durch Goldeneye 1995 LLC, die am 6. August 2025 abgeschlossen wurde. Die Übernahme wurde von Greg Kidd angeführt, der zum neuen Chairman und CEO der Gesellschaft ernannt wurde. Das Rebranding entspricht dem neuen strategischen Fokus auf das USBC-Deposittoken.

Positive
  • Strategic acquisition valued at $125 million demonstrates significant investment
  • Appointment of new Chairman and CEO Greg Kidd indicates strong leadership transition
  • Successful uplisting to NYSE American exchange provides enhanced visibility and trading access
Negative
  • Significant change in corporate control and direction may create integration challenges
  • Substantial shift in business focus to deposit tokens carries execution risks

RENO, Nev., Aug. 15, 2025 (GLOBE NEWSWIRE) -- USBC, Inc. (NYSE American: USBC) (“USBC� or the “Company�) announced today that it has changed its name from Know Labs, Inc. to USBC, Inc. The Company’s common stock will now trade on the NYSE American under the new ticker symbol “USBC,� effective at market open, August 15, 2025.

As previously announced, USBC’s name and ticker change follows the successful closing of the $125M strategic acquisition of a controlling interest in the Company on August 6, 2025 by Goldeneye 1995 LLC, an affiliate of the Company’s newly-appointed Chairman and CEO, Greg Kidd.

“Changing our name and ticker symbol to USBC aligns with our new vision centered on the USBC deposit token,� said Mr. Kidd.

No action is required by current shareholders as a result of the corporate name change or ticker symbol change, and the Company’s CUSIP number will remain unchanged. For more information, please visit

About USBC, Inc.

USBC, Inc. (NYSE American: USBC) is an industry-leading, publicly traded multi-disciplinary technology company. Under the leadership of Chairman and CEO, Greg Kidd, USBC develops transformative financial services, including digital assets and banking solutions as well as non-invasive health monitoring research.

USBC has implemented a bitcoin treasury strategy to bolster development and research across its various divisions. A key focus of USBC is the further development of the USBC deposit token, a U.S.-dollar denominated tokenized deposit that operates on blockchain technology, is embedded with digital identity, and offers high-yield rewards. With a focus on identity, inclusion, innovation, and risk management, USBC is dedicated to creating long-term shareholder value in a rapidly evolving financial landscape.

Follow Greg Kidd's insights on Substack covering news, industry perspectives, and updates from the USBC ecosystem: 

Forward Looking Statements

This release contains “forward-looking statements� within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements can be identified by words such as: “anticipate,� “intend,� “plan,� “believe,� “project,� “estimate,� “expect,� strategy,� “future,� “likely,� “may,�, “should,� “will� and similar references to future periods. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on the current intent, beliefs, expectations and assumptions of the Company, its directors or its officers regarding the future of its business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of its control. The Company’s actual results and financial condition may differ materially from those indicated in the forward-looking statements. No forward-looking statement is a guarantee of future performance. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause the Company’s actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: (i) fluctuations in the market price of Bitcoin and any associated unrealized gains or losses on digital assets that the Company may incur as a result of a decrease in the market price of Bitcoin below the value at which the Company’s Bitcoin are carried on its balance sheet; (ii) the effect of and uncertainties related to the ongoing volatility in interest rates; (iii) the Company’s ability to achieve and maintain profitability in the future; (iv) the impact of the regulatory environment on the Company’s business and complexities with compliance related to such environment including changes in securities laws or other laws or regulations; (v) changes in the accounting treatment relating to the Company’s Bitcoin holdings; (vi) the Company’s ability to respond to general economic conditions; (vii) the Company’s ability to manage its growth effectively and its expectations regarding the development and expansion of its business; (viii) the Company’s ability to access sources of capital, including debt financing and other sources of capital to finance operations and growth and (ix) other risks and uncertainties more fully detailed in the section captioned “Risk Factors� in the Company’s most recent Annual Report on Form 10-K for the fiscal year ended September 30, 2024, Forms 10-Q and 8-K, and other reports filed with the SEC from time to time. As a result of these matters, changes in facts, assumptions not being realized or other circumstances, the Company’s actual results may differ materially from the expected results discussed in the forward-looking statements contained in this press release. Forward-looking statements contained in this announcement are only made as of this date, and the Company undertakes no duty to update such information after the date of this announcement except as required under applicable law.

USBC, Inc. Contact:
Alliance Advisors


FAQ

What is the new ticker symbol for USBC (formerly Know Labs) and when did it become effective?

USBC's new ticker symbol is USBC on the NYSE American exchange, effective at market open on August 15, 2025.

How much was the strategic acquisition of USBC by Goldeneye 1995 LLC worth?

The strategic acquisition was valued at $125 million and was completed on August 6, 2025.

Who is the new CEO of USBC following the acquisition?

Greg Kidd has been appointed as the new Chairman and CEO of USBC following the acquisition by Goldeneye 1995 LLC, an affiliate company.

Do USBC shareholders need to take any action due to the name and ticker change?

No action is required by current shareholders. The corporate name change and ticker symbol change do not affect shareholdings, and the company's CUSIP number remains unchanged.

What is the new strategic focus of USBC after the rebranding?

Following the rebranding, USBC's new vision is centered on the USBC deposit token, representing a strategic shift in the company's business focus.
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