other material
confidence high
sentiment neutral
materiality 0.65
Focus Universal to effect 1-for-10 reverse stock split on Jan 31, 2025
FOCUS UNIVERSAL INC.
- Reverse split at 10:1 ratio, effective Jan 31, 2025; outstanding shares drop from ~74M to ~7.4M.
- Authorized common shares reduced proportionally from 150M to 15M; par value unchanged.
- No fractional shares issued; holders of fractional interests receive one additional whole share.
- Ticker FCUV unchanged; new CUSIP 34417J 203; no shareholder approval required under Nevada law.