other_material
confidence high
sentiment neutral
materiality 0.50
Universal Safety Products issues 405k shares upon conversion of $1.5M convertible note
UNIVERSAL SAFETY PRODUCTS, INC.
- Issued 405,000 shares of common stock between Jan 26 and Feb 3, 2026 upon conversion of $1,503,424.80 in principal and accrued interest.
- Shares were offered under Section 4(a)(2) exemption from registration.
- After conversion, total outstanding shares are 2,717,887 as of Feb 3, 2026.
item 3.02item 9.01