other_material
confidence high
sentiment neutral
materiality 0.50
Focus Universal amends Series B Preferred Stock conversion price and floor price adjustment provisions
FOCUS UNIVERSAL INC.
- On December 5, 2025, Focus Universal filed an amendment to its Series B Convertible Preferred Stock certificate.
- The amendment adjusts conversion price and floor price calculations upon stock subdivision or reverse stock split.
- The amendment also grants voluntary redemption rights at the option of Series B Preferred Stock holders.
- The amendment was approved by all holders of the Series B Preferred Stock.