Focus Universal regains Nasdaq equity compliance after Series B conversion and $4M warrant offering

FOCUS UNIVERSAL INC.

Company now believes it meets Nasdaq's $2.5M stockholders' equity minimum under Listing Rule 5550(b)(1).
Majority holders converted 5,216 Series B shares into 665,328 common shares on April 6, 2026.
Remaining Series B shares redeemed for $961,860 at $782/share; no Series B shares outstanding as of May 14, 2026.
Closed $4M private placement with Armistice Capital on April 10, 2026; pre-funded warrant for 1,117,318 shares fully exercised.

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