Universal Safety Products converts $1.36M convertible note into 310,575 common shares

UNIVERSAL SAFETY PRODUCTS, INC.

On March 11, 2026, issued 125,000 shares upon conversion of $470,720 of principal and accrued interest.
On May 15, 2026, issued 185,575 shares upon conversion of $886,872.70 of principal and accrued interest.
Convertible Note dated September 25, 2025 is fully converted and no longer outstanding.
As of May 15, 2026, total common shares outstanding are 3,028,362.
Shares were issued in reliance on Section 4(a)(2) exemption from registration.

item 3.02item 9.01

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