On March 18, 2026, USBC, Inc. announced a significant decision by its Board of Directors to reprice all outstanding stock options, totaling approximately 83 million options. This move is part of the Amended and Restated USBC, Inc. 2021 Equity Incentive Plan. The exercise price for each repriced option has been reduced to $0.37 per share, aligning with the closing price of the company's common stock on the same date. The Board's decision aims to motivate and retain key personnel, including certain named executive officers and directors, encouraging them to focus on the company's growth and advancement for the benefit of its shareholders. This strategic adjustment is expected to enhance employee morale and retention, potentially leading to improved operational execution and long-term value creation for the company. The repricing reflects the company's commitment to aligning employee incentives with shareholder interests, particularly in a challenging market environment. The decision is seen as a proactive measure to ensure that the company remains competitive in attracting and retaining top talent, which is crucial for its ongoing success and strategic objectives.

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