Focus Universal board approves spin-off of subsidiary Lusher Inc. for Nasdaq listing

FOCUS UNIVERSAL INC.

Board approved spin-off of Lusher Inc., which will focus on AI-driven SEC financial reporting software.
Lusher shares to be distributed to Focus Universal shareholders as tax-free dividend, free to trade when listed on Nasdaq.
Management expects spin-off to unlock intrinsic value and allow market to access Lusher separately.
SEC financial reporting software market valued at $14B (2022), projected $36.5B by 2030 (CAGR 12.81%).

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