USBC, Inc. (formerly Know Labs, Inc.) has completed a name and ticker symbol change to USBC, Inc. on NYSE American.
The change follows a $125M strategic acquisition by Goldeneye 1995 LLC, led by Chairman and CEO Greg Kidd.
The company's focus shifts to the USBC deposit token and digital assets in the financial services sector.
Name and Ticker Change
Company changed its name from Know Labs, Inc. to USBC, Inc. with the new ticker symbol 'USBC' on NYSE American.
Strategic Acquisition
Successful acquisition of a controlling interest by Goldeneye 1995 LLC, facilitating the name change.
USBC Deposit Token
The company shifts focus to the USBC deposit token, a U.S.-dollar denominated tokenized deposit offering high-yield rewards.
- The corporate name and ticker change mark a significant shift in the company's strategic direction towards blockchain technology and digital assets.
- Under the leadership of Greg Kidd, USBC aims to create long-term shareholder value in the evolving financial landscape.
The rebranding of USBC, Inc., and the emphasis on digital assets reflect a strategic pivot towards innovative financial services under Greg Kidd's leadership.