Universal Security Instruments enters asset purchase agreement with Feit Electric; notifies sales reps

UNIVERSAL SAFETY PRODUCTS, INC.

On Oct 29, 2024, USI entered into an Asset Purchase Agreement with Feit Electric Company (no terms disclosed).
On Nov 4, 2024, USI sent information letters to its sales representatives advising of the contemplated sale.
Exhibit 99.1 containing the letters was filed but no additional deal details or financial terms were provided.

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