other material
confidence high
sentiment neutral
materiality 0.30
Focus Universal converts all Series A Preferred Stock into 825,000 common shares
FOCUS UNIVERSAL INC.
- All 750,000 Series A Preferred shares converted into 825,000 restricted common shares (1.1:1 ratio).
- Chairman Edward Lee received 550,000 common shares; no Series A Preferred shares remain outstanding.
- Conversion follows October 2025 private placement that raised $3M at $4 per share.
- No new capital raised; all converted securities under original Series A Designation.