secwatch.observer — SEC 8-K summary
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Issuer:     FOCUS UNIVERSAL INC. (FCUV)
CIK:        0001590418
Form:       8-K
Filed at:   2024-09-17T23:59:59+00:00
Accession:  0001683168-24-006445
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Focus Universal prices $1.2M registered direct offering of 3.75M shares at $0.32/share
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- Gross proceeds of ~$1.2M from sale of 3,750,000 shares of common stock at $0.32 per share.
- Placement agent Univest Securities receives 7% cash fee and $30,000 expense reimbursement.
- Proceeds will fund development and launch of new software platform under subsidiary Lusher Inc.
- Offering expected to close on or about September 17, 2024, subject to customary conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1590418/000168316824006445/0001683168-24-006445-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1590418/000168316824006445/focus_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-24-006445

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