secwatch.observer — SEC 8-K summary
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Issuer:     FOCUS UNIVERSAL INC. (FCUV)
CIK:        0001590418
Form:       8-K
Filed at:   2022-10-11T23:59:59+00:00
Accession:  0001683168-22-006807
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Focus Universal buys back 400k shares from Steven Lu at $5.00, 47% discount to $9.50 close
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- 400,000 shares repurchased from Steven Lu at $5.00/share for total $2,000,000.
- First $1,000,000 paid on Oct 6, 2022; remaining $1,000,000 due within 180 days.
- Repurchase price represents ~47% discount to Oct 6 closing price of $9.50.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1590418/000168316822006807/0001683168-22-006807-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1590418/000168316822006807/focus_8k-100722.htm
  HTML page:      https://secwatch.observer/filing/0001683168-22-006807

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer