---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-24-001218"
form_type: "8-K"
ticker: "FCUV"
cik: "0001590418"
company_name: "FOCUS UNIVERSAL INC."
filed_at: "2024-02-27T23:59:59+00:00"
generated_at: "2026-06-05T11:53:08.688131+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Focus Universal sells Ontario warehouse for $7.1M in sale-leaseback; leases back for 2 years

## Summary
- Purchase price $7,100,000; $3,550,000 cash upfront, $3,550,000 financed by buyer to close within 35-day contingency.
- Simultaneous 2-year leaseback at $39,585/month base rent; total $316,680 due on lease execution.
- CEO Desheng Wang personally guarantees the lease obligations via Guaranty of Lease.
- Closing expected 30 days after contingency satisfaction or waiver; property is 30,450 sq ft industrial building at 2311 E. Locust St, Ontario, CA.

## SEC filing metadata
- accession: 0001683168-24-001218
- form_type: 8-K
- ticker: FCUV
- cik: 0001590418
- company_name: FOCUS UNIVERSAL INC.
- filed_at: 2024-02-27T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1590418/000168316824001218/0001683168-24-001218-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590418/000168316824001218/focus_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-24-001218
- JSON: https://secwatch.observer/filing/0001683168-24-001218.json
- Plain text: https://secwatch.observer/filing/0001683168-24-001218.txt

## Key facts
- Material Agreements
  FOCUS UNIVERSAL INC. entered into Agreement with 620Magnolia LLC valued at $7,100,000 (effective 2024-02-22).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: 620Magnolia LLC
  - Value: $7,100,000
  - Effective: 2024-02-22
  source text: On February 22, 2024, Focus Universal Inc. (the “Company”) entered into an agreement (the “Agreement”) with 620Magnolia LLC (the “Buyer”) to sell and leaseback the Company’s warehouse located at 2311 E. Locust Street, Ontario, California 91761 (the “Property”). The purchase price for the Property is $7,100,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1590418/000168316824001218/0001683168-24-001218-index.htm
- Material Agreements
  FOCUS UNIVERSAL INC. entered into Lease with 620Magnolia LLC valued at $39,585 (effective 2024-02-22).
  - Action: entry
  - Agreement: lease
  - Counterparty: 620Magnolia LLC
  - Value: $39,585
  - Effective: 2024-02-22
  source text: On February 22, 2024, the Company entered into a Standard Industrial/Commercial Single-Tenant Lease (the “Lease”) with the Buyer to lease the Property for two years commencing at the close of escrow and ending on April 30, 2026. Base monthly rent is $39,585
  evidence_url: https://www.sec.gov/Archives/edgar/data/1590418/000168316824001218/0001683168-24-001218-index.htm

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