FOCUS UNIVERSAL INC.: Amendment to Certificate of Designation of Series B Preferred Stock altering conversion price and floor price calculations and adding voluntary redemption rights (effective 2025-12-05).
Change
charter amendment
Effective
2025-12-05
Exact text from the filing
On December 5, 2025, following the approval by all of the holders of the Series B Convertible Preferred Stock (the “ Series B Preferred Stock ”), Focus Universal, Inc. (the “ Corporation ”) filed an amendment to the Certificate of Designation of Series B Preferred Stock (the “ Amendment to Series B Designation ”) that had the effect of altering the conversion price and floor price calculations of the Series B Preferred Stock in the event that the Corporation approves a subdivision, reverse stock split, or similar transaction. The Amendment to Series B Designation also provides for voluntary redemption rights at the option of the holder of Series B Preferred Stock.
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