regulatory
confidence high
sentiment positive
materiality 0.70
Focus Universal Regains Compliance with Nasdaq Minimum Bid Price Requirement
FOCUS UNIVERSAL INC.
- Received formal confirmation from Nasdaq on February 20, 2025 that it regained compliance with Listing Rule 5550(a)(2).
- Closing bid price remained at $1.00 or greater for 13 consecutive business days from January 31 to February 19, 2025.
- The compliance matter is now closed as per Nasdaq's determination.
- CEO Dr. Desheng Wang stated commitment to spin off SEC financial reporting software subsidiary for IPO.