USBC, INC. - Form 8-K Filing

On September 11, 2026, USBC, Inc. executed a Fifth Draw of $3.0 million under its Master Loan Agreement (MLA) with Payward Interactive, Inc., increasing the total outstanding borrowings to $21.0 million. This loan, maturing on September 11, 2027, accrues interest at 8.5% annually and is secured by 479 Bitcoin held in custody by an affiliate of the lender. The agreement includes provisions for collateral maintenance, with a potential 27.4% decline in Bitcoin value triggering a margin call. As of September 14, 2026, no collateral calls or mandatory repayments had occurred. The filing also includes forward-looking statements regarding product development, market adoption, and potential risks associated with digital asset volatility and the MLA terms.