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ClosedPublished 2 Apr 2026

Particle Acquisition Corporation /
Particle, Inc.

USBC sells legacy sensor business Particle, Inc. to Particle Acquisition Corporation for $1.00

Buy side: Particle Acquisition Corporation
Buy sideParticle Acquisition Corporation
Target: Particle, Inc.
TargetParticle, Inc.
USBC, Inc. · 2 Apr 2026Source
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Buy side: Particle Acquisition Corporation
Buy sideParticle Acquisition Corporation
Target: Particle, Inc.
TargetParticle, Inc.
01 / BuyerParticle Acquisition Corporation
02 / TargetParticle, Inc.
Source for the buyer and target: USBC, Inc.

For the buyer and target.

“On March 27, 2026 (the “Closing Date”), USBC, Inc. ("USBC" or the “Company”) completed the divestiture of its legacy non-invasive sensor technology business pursuant to a Stock Purchase Agreement (the “Agreement”) entered into by and among the Company, its wholly-owned subsidiary, Particle, Inc., a Nevada corporation (“Particle”), Particle Acquisition Corporation, a Nevada corporation (the “Buyer”), and the Company’s former Chairman, President and CEO, Ronald P. Erickson, an individual and principal officer of the Buyer solely for purposes of Section 6.07 of the Agreement.”

Published 2 Apr 2026

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01

What happened

USBC, Inc. finished the divestiture of its legacy non-invasive sensor technology business on March 27, 2026. Particle Acquisition Corporation bought all the equity of Particle, Inc., a former USBC subsidiary, and also took on the obligations tied to the business, including the Seattle office lease. [01]

USBC keeps some upside. It will receive 10% of future net revenue from products using the transferred technology, plus a share of proceeds, between 5% and 35%, if the buyer or those products are later sold. USBC also set up a short-term secured note of up to $450,000 to help fund the buyer's operating costs. [01]

02

The source

Everything on this page comes from the source below, quoted word for word.

01
Source · USBC, Inc.

USBC sells legacy sensor business Particle, Inc. to Particle Acquisition Corporation for $1.00

This document is the source for the companies, stage and people on this page.

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03

Timeline

Every date the source states, in order, each with the words it comes from. Anything marked ahead is a target the source gives, not something that has happened.

  1. Also stated

    “USBC sells legacy sensor business Particle, Inc. to Particle Acquisition Corporation for $1.00 USBC, Inc. finished the divestiture of its legacy non-invasive sensor technology business on March 27, 2026”

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  2. Published by USBC, Inc.

    The source this page is built from.

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