{"filing":{"accession_number":"0001074828-26-000058","cik":"0001074828","ticker":"USBC","company_name":"USBC, Inc.","form":"8-K","filing_date":"2026-08-03","report_date":"2026-07-28","primary_document":"usbc-20260728.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1074828/000107482826000058/usbc-20260728.htm"},"events":[{"id":23198,"run_id":20994,"accession_number":"0001074828-26-000058","anchor_item_number":"2.03","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"summary":"USBC drew an additional $3.0 million fixed-rate borrowing under its Master Loan Agreement with Payward Interactive, Inc., increasing aggregate outstanding principal to $18.0 million at 8.5% interest maturing July 28, 2027, with collateral maintenance provisions tied to Bitcoin volatility.","company_name":"USBC, Inc.","ticker":"USBC","filing_date":"2026-08-03","form":"8-K","submitted_at":null,"items":[{"id":23368,"accession_number":"0001074828-26-000058","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"USBC drew an additional $3.0 million fixed-rate borrowing under its Master Loan Agreement with Payward Interactive, Inc., increasing aggregate outstanding principal to $18.0 million at 8.5% interest maturing July 28, 2027. This is a direct creation of a new financial obligation under Item 2.03, constituting a debt issuance. The material nature is evident from the substantial principal amount and the disclosure of collateral maintenance provisions and margin requirements tied to Bitcoin collateral volatility.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-04T00:44:24.779473+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":23199,"run_id":20994,"accession_number":"0001074828-26-000058","anchor_item_number":"8.01","event_type":"operational_other","event_domain":"operational","is_material":true,"confidence":0.75,"summary":"USBC disclosed progress on its tokenized deposit product development strategy, including completion of Phase 1 technical readiness testing, initiation of Phase 2 with expanded testing, and development of USBC Pay payment functionality toward commercial launch.","company_name":"USBC, Inc.","ticker":"USBC","filing_date":"2026-08-03","form":"8-K","submitted_at":null,"items":[{"id":23369,"accession_number":"0001074828-26-000058","item_number":"8.01","item_title":"Other Events","event_type":"operational_other","event_domain":"operational","is_material":true,"confidence":0.75,"reasoning":"This disclosure describes USBC's multi-phase product development strategy for its tokenized deposit offering, including completion of Phase 1 technical readiness testing, initiation of Phase 2 with expanded testing, and development of USBC Pay payment functionality. The filing details operational milestones and progress toward commercial launch, which constitutes a material operational/strategic business event. While the disclosure is primarily informational about product development progress rather than announcing a discrete triggering event, the advancement of a core blockchain-based financial product through defined phases toward commercial launch would affect a reasonable investor's assessment of the company's execution and market readiness.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-04T00:44:24.779473+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":23368,"accession_number":"0001074828-26-000058","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"USBC drew an additional $3.0 million fixed-rate borrowing under its Master Loan Agreement with Payward Interactive, Inc., increasing aggregate outstanding principal to $18.0 million at 8.5% interest maturing July 28, 2027. This is a direct creation of a new financial obligation under Item 2.03, constituting a debt issuance. The material nature is evident from the substantial principal amount and the disclosure of collateral maintenance provisions and margin requirements tied to Bitcoin collateral volatility.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-04T00:44:24.779473+00:00","company_name":"USBC, Inc.","ticker":"USBC","filing_date":"2026-08-03"},{"id":23369,"accession_number":"0001074828-26-000058","item_number":"8.01","item_title":"Other Events","event_type":"operational_other","event_domain":"operational","is_material":true,"confidence":0.75,"reasoning":"This disclosure describes USBC's multi-phase product development strategy for its tokenized deposit offering, including completion of Phase 1 technical readiness testing, initiation of Phase 2 with expanded testing, and development of USBC Pay payment functionality. The filing details operational milestones and progress toward commercial launch, which constitutes a material operational/strategic business event. While the disclosure is primarily informational about product development progress rather than announcing a discrete triggering event, the advancement of a core blockchain-based financial product through defined phases toward commercial launch would affect a reasonable investor's assessment of the company's execution and market readiness.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-04T00:44:24.779473+00:00","company_name":"USBC, Inc.","ticker":"USBC","filing_date":"2026-08-03"}]}