According to documents submitted to the U.S. Securities and Exchange Commission (SEC), USBC INC. has approved a reverse stock split.

The plan will take effect on June 15, 2026, and the specific implementation ratio will be determined within the range of merging 2 shares into 1 to merging 5 shares into 1. A reverse stock split is a common move by companies to adjust the number of their outstanding shares, usually aimed at increasing the stock price per share to meet exchange listing requirements or to improve the market image of the stock. The final specific ratio for this adjustment will be determined by the company’s board of directors at an appropriate time within the scope of this authorization.