---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-054288"
form_type: "8-K"
ticker: "UUU"
cik: "0000102109"
company_name: "UNIVERSAL SAFETY PRODUCTS, INC."
filed_at: "2025-05-29T23:59:59+00:00"
generated_at: "2026-05-20T05:22:57.176628+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# USI closes asset sale to Feit Electric for ~$4.96M; appoints two directors

## Summary
- Asset sale closed May 22, 2025; purchase price of $4,955,107.90 based on eligible inventory value.
- Company will continue importing/marketing product lines other than smoke/CO alarms after the closing.
- Pro forma shows gain on sale $3.27M, net income $2.02M vs historical loss of $0.80M for nine months through Dec 31, 2024.
- Board appoints Henry Nisser and Milton C. (Todd) Ault, III as independent directors under MOU with Ault & Company.
- Amendment to Asset Purchase Agreement reflects that the Company will not dissolve and will continue operations.

## SEC filing metadata
- accession: 0001104659-25-054288
- form_type: 8-K
- ticker: UUU
- cik: 0000102109
- company_name: UNIVERSAL SAFETY PRODUCTS, INC.
- filed_at: 2025-05-29T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/102109/000110465925054288/0001104659-25-054288-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/102109/000110465925054288/tm2516495d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-054288
- JSON: https://secwatch.observer/filing/0001104659-25-054288.json
- Plain text: https://secwatch.observer/filing/0001104659-25-054288.txt

## Key facts
- Executive change
  Henry Nisser was appointed as director at UNIVERSAL SAFETY PRODUCTS, INC..
  - Action: appointed
  - Role: director
  source text: Henry Nisser was appointed to serve as a director until the 2026 Annual Meeting of Shareholders or until his successor is duly elected and qualifies
  evidence_url: https://www.sec.gov/Archives/edgar/data/102109/000110465925054288/0001104659-25-054288-index.htm
- Executive change
  Milton C. (Todd) Ault, III was appointed as director at UNIVERSAL SAFETY PRODUCTS, INC..
  - Action: appointed
  - Role: director
  source text: Milton C. (Todd) Ault, III was appointed to serve as a director until the 2027 Annual Meeting of Shareholders or until his successor is duly elected and qualifies
  evidence_url: https://www.sec.gov/Archives/edgar/data/102109/000110465925054288/0001104659-25-054288-index.htm
- M&A Transactions
  UNIVERSAL SAFETY PRODUCTS, INC. completed a disposition involving Feit Electric Company, Inc. for $4,955,107.90 (closed 2025-05-22).
  - Action: disposition
  - Counterparty: Feit Electric Company, Inc.
  - Consideration: $4,955,107.90
  - Closing: 2025-05-22
  source text: 8-K and is incorporated herein by reference. The Asset Sale closed on May 22, 2025. The purchase price, based on the value of the Eligible Inventory at the time of Closing, was $4,955,107.90. The Company intends to continue importing and marketing its product lines other than smoke alarms and carbon monoxide alarms following the Closing.
  evidence_url: https://www.sec.gov/Archives/edgar/data/102109/000110465925054288/0001104659-25-054288-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.