Source-grounded facts extracted from FOCUS UNIVERSAL INC.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
FOCUS UNIVERSAL INC.: Reverse stock split at a 4:1 ratio via amendment to Articles of Incorporation (effective 2026-06-23).
“The Certificate of Amendment to the Articles of Incorporation is attached hereto as Exhibit 3.1 and incorporated herein by reference.”
FOCUS UNIVERSAL INC. incurred loan of $11,050,000 with East West Bank at 6.25% interest for the first 3 years, then floating at the Wall Street Journal P maturing April 1, 2036.
“Lusher Holding entered into a loan with East West Bank to borrow $11,050,000, at 6.25% interest for the first 3 years, then floating at the Wall Street Journal Prime Rate plus (+) 0.25% for the remaining term, with a floor interest rate at 6.25%”
FOCUS UNIVERSAL INC. completed an acquisition involving 901 Corporate Center, LP for aggregate purchase price of the Property was $17,700,000, exclusive of closing costs (closed 2026-04-17).
“”). The Seller does not have a material relationship with the Company, and the acquisition was not an affiliated transaction. The aggregate purchase price of the Property was $17,700,000, exclusive of closing costs (the “ Purchase Price ”). The Company made an initial down payment of $525,000 on January 26, 2026. On April 17, 2026, the Company funded the Purchase”
FOCUS UNIVERSAL INC. issued warrant to private accredited investor.
“each Common Unit consisting of (i) one (1) share of common stock (or, in lieu thereof, one (1) Pre-Funded Warrant”
FOCUS UNIVERSAL INC. issued 1,117,318 Common Units of unit to private accredited investor for $3.58 per unit.
“into this Item 3.02 . Pursuant to the terms and conditions of the Purchase Agreement, the Investor purchased an aggregate of 1,117,318 Common Units at a purchase price of $3.58 per unit (or Pre-Funded Units at a purchase price of $3.57999 per unit, equal to the Common Unit offering price minus the Pre-Funded Warrant exercise price of $0.00001), (the “”
FOCUS UNIVERSAL INC. issued common stock.
“The Board of Directors and stockholders of Focus Universal Inc., a Nevada corporation (the “Company”) approved a reverse stock split of the Company’s issued and outstanding shares of common stock, par value $0.001 per share (the “Common Stock”) at a ratio 10 to 1”
FOCUS UNIVERSAL INC.: Filed an amendment to the Articles of Incorporation to effect a 10-for-1 reverse stock split (effective 2026-02-09).
“To effect the Reverse Split, the Company filed an amendment to the Company’s Articles of Incorporation effective as of 12:01 a.m. ET on February 5, 2026.”
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).
“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.”
FOCUS UNIVERSAL INC. issued 8,236 shares of the Company’s Series B Convertible Preferred Stock, par value $0.001 per share of preferred stock to private accredited investors for up to $7,000,000 at a price per share of $850.00, which represents a 15% original issuance discount.
“On or about October 21, 2025, the Company entered into a securities purchase agreement (the “ Series B Agreement ”) with private accredited investors (the “ Investors ”) the form of which is included hereto as Exhibit 10.2, is incorporated by reference into this Item 3.02. Pursuant to the terms and conditions of the Series B Agreement, the Investors committed to purchase up to $7,000,000 or 8,236 shares (the “ Commitment Amount ”) of the Company’s Series B Convertible Preferred Stock, par value $0.001 per share (the “ Series B Preferred Stock ”) at a price per share of $850.00”
FOCUS UNIVERSAL INC. issued 750,000 shares of Series A Convertible Preferred Stock of preferred stock to Edward Lee, the Chairman of the Company’s Board of Directors, as the lead investor and other accredited investors for aggregate purchase price of $3,000,000, or $4.00 per share.
“On or about October 20, 2025, the Company committed the sale of 750,000 shares of Series A Convertible Preferred Stock (the “ Series A Preferred Stock ”) in a private placement to Edward Lee, the Chairman of the Company’s Board of Directors, as the lead investor and other accredited investors for an aggregate purchase price of $3,000,000, or $4.00 per share”
FOCUS UNIVERSAL INC. received a nasdaq deficiency notice notice regarding market value (rules 5550(b)(2), 5810(c)(3)(C)).
“June 30, 2025, Focus Universal Inc. (the “Company”), received a letter from the Listing Qualifications Department (the “Staff”) of the Nasdaq Stock Market (“Nasdaq”). The Staff notified the Company that since the Company’s Market Value of Listed Securities has fallen below $35,000,000, the Company no longer satisfies the requirements under Nasdaq Listing Rule 5550(b)(2) (the “MVLS Rule”). The notification received has no immediate effect on the Company’s Nasdaq listing. In accordance with Nasdaq Listing Rule 5810(c)(3)(C) (the “Compliance Period Rule”), the Company has been provided an initial”
FOCUS UNIVERSAL INC.: Effect of reverse stock split by filing Certificate of Change with Nevada Secretary of State, reducing authorized and outstanding common shares proportionally (effective 2025-01-31).
“The Reverse Split was effected by the Company filing the Certificate of Change pursuant to Nevada Revised Statutes (“NRS”) Section 78.209 (the “Certificate”) with the Secretary of State of the State of Nevada on January 28, 2025.”
FOCUS UNIVERSAL INC.: Increased authorized common stock from 75,000,000 to 150,000,000 shares through Amended and Restated Articles of Incorporation (effective 2024-12-13).
“Effective December 13, 2024, the Company amended and restated its Articles of Incorporation to increase the Company’s Common Stock from 75,000,000 to 150,000,000 shares”
Warren Wang resigned as Vice President and Chief Strategy Officer at FOCUS UNIVERSAL INC..
“On June 12, 2024, Warren Wang notified Focus Universal Inc. (the “Company”) of his decision to resign as its Vice President and Chief Strategy Officer, effective immediately.”
FOCUS UNIVERSAL INC. received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(2)(C), 5450(b)(3)(C), 5810(c)(3)(A), 5810(c)(3)(C)).
“May 9, 2024, Focus Universal Inc. (the “ Company ”), received a letter from the Listing Qualifications Department (the “ Staff ”) of the Nasdaq Stock Market (“ Nasdaq ”). The May 9, 2024, letter was notifying the Company that based on the Staff’s review of the Company’s Market Value of Publicly Held Shares (“ MVPHS ”), the Company’s MVPHS has fallen below the required minimum of $15,000,000 for the last 32 consecutive business days. Therefore, the Company no longer meets the Nasdaq Listing Rule 5450(b)(2)(C) and 5450(b)(3)(C) (the “ MVPHS Rules ”). The notification received has no immediate ef”
Warren Wang was appointed as Vice President and Chief Strategy Officer at FOCUS UNIVERSAL INC..
“On April 5, 2024, Focus Universal Inc. (the “Company”) hired Warren Wang as its Vice President and Chief Strategy Officer.”
FOCUS UNIVERSAL INC. received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(2)(A), 5810(c)(3)(A), 5810(c)(3)(C)).
“March 22, 2024, Focus Universal Inc. (the “Company”), received two separate letters from the Listing Qualifications Department (the “Staff”) of the Nasdaq Stock Market (“Nasdaq”). The March 20, 2024 letter was notifying the Company that based upon the closing bid price for the last 30 consecutive business days, the Company no longer meets the Nasdaq Listing Rule 5450(a)(1) (the “Bid Price Rule”). In addition, on March 22, 2024, Nasdaq notified the Company that since the Company’s Market Value of Listed Securities (“MVLS”) has fallen below $50,000,000 the Company no longer satisfies the require”
FOCUS UNIVERSAL INC. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1), 5810(c)(3)(A), 5810(c)(3)(C)).
“March 20, 2024 and March 22, 2024, Focus Universal Inc. (the “Company”), received two separate letters from the Listing Qualifications Department (the “Staff”) of the Nasdaq Stock Market (“Nasdaq”). The March 20, 2024 letter was notifying the Company that based upon the closing bid price for the last 30 consecutive business days, the Company no longer meets the Nasdaq Listing Rule 5450(a)(1) (the “Bid Price Rule”). In addition, on March 22, 2024, Nasdaq notified the Company that since the Company’s Market Value of Listed Securities (“MVLS”) has fallen below $50,000,000 the Company no longer sa”
FOCUS UNIVERSAL INC. entered into Lease with 620Magnolia LLC valued at $39,585 (effective 2024-02-22).
“On February 22, 2024, the Company entered into a Standard Industrial/Commercial Single-Tenant Lease (the “Lease”) with the Buyer to lease the Property for two years commencing at the close of escrow and ending on April 30, 2026. Base monthly rent is $39,585”
FOCUS UNIVERSAL INC. entered into Agreement with 620Magnolia LLC valued at $7,100,000 (effective 2024-02-22).
“On February 22, 2024, Focus Universal Inc. (the “Company”) entered into an agreement (the “Agreement”) with 620Magnolia LLC (the “Buyer”) to sell and leaseback the Company’s warehouse located at 2311 E. Locust Street, Ontario, California 91761 (the “Property”). The purchase price for the Property is $7,100,000”
FOCUS UNIVERSAL INC. engaged Weinberg & Company, P.A. as its auditor.
“On January 5, 2024, the Company engaged Weinberg & Company, P.A. (the “New Auditor”) as its independent PCAOB registered public accounting firm for the Company’s fiscal year ended December 31, 2023.”
FOCUS UNIVERSAL INC. dismissed Reliant CPA PC as its auditor.
“On January 12, 2024 (the “Termination Date”), Focus Universal Inc. (the “Company”) notified Reliant CPA PC that the Company is dismissing it (the “Former Auditor”) as the independent registered public accounting firm of the Company.”
FOCUS UNIVERSAL INC. entered into Revolving Credit Facility with private lender valued at $300,000 (effective 2024-01-09).
“On January 2, 2024, the board of directors of Focus Universal Inc. (the “Company”) authorized the Company to enter into a revolving credit facility or series of promissory notes of up to $5 million with one or more lenders. The Company accepted the first $300,000 tranche on January 9, 2024 (the “Loan”) with a private lender (the “Lender”) whereby the Lender loaned $300,000 to the Company (the “Principal Amount”).”
FOCUS UNIVERSAL INC. amended Amendment with two private, non-affiliate shareholders (effective 2023-07-14).
“On July 14, 2023, Focus Universal Inc. (Nasdaq Global: FCUV) (the “Company”) entered into an amendment (the “Amendment”) to that certain stock purchase agreement wherein the Company agreed to purchase 400,000 shares of its common stock from a single private, non-affiliate for a total purchase price of $2,000,000 (the “Stock Purchase Agreement”).”
FOCUS UNIVERSAL INC. shareholders approved Approval of an amendment to the Company's Articles of Incorporation to increase the number of authorized shares of the Company's common stock, $0.001 par value per share, from 75,000,000 to 750,000,000. at the 2023-05-18 meeting.
“3. Proposal Three – Approval of Amendment to the Company’s Articles of Incorporation . The approval of an amendment to the Company’s Articles of Incorporation to increase the number of authorized shares of the Company’s common stock, $0.001 par value per share, from 75,000,000 to 750,000,000. The votes cast were as follows: Votes For Votes Against Abstentions Broker Non-Votes 26,516,516 417,288 3,639 0”
FOCUS UNIVERSAL INC. shareholders approved Ratification of the appointment of Reliant CPA PC as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023. at the 2023-05-18 meeting.
“2. Proposal Two – Ratification of Selection of Independent Registered Public Accounting Firm . The ratification of the appointment of Reliant CPA PC as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. The votes cast were as follows: Votes For Votes Against Abstentions Broker Non-Votes 26,879,628 55,469 2,346 0”
FOCUS UNIVERSAL INC. shareholders approved Election of the following named persons to serve as members of the Board of Directors of the Company until the annual meeting of shareholders to be held in 2024 (or action by written consent of shareholders in lieu thereof), or until their successors have been duly elected and qualified. at the 2023-05-18 meeting.
“1. Proposal One – Election of Directors . The election of the following named persons to serve as members of the Board of Directors of the Company until the annual meeting of shareholders to be held in 2024 (or action by written consent of shareholders in lieu thereof), or until their successors have been duly elected and qualified. The votes cast were as follows: Nominee Votes For Votes Against Votes Withheld Broker Non-Votes Dr. Desheng Wang 25,350,747 19,292 1,125 1,566,279 Dr. Edward Lee 24,900,859 466,258 4,047 1,566,279 Michael Pope 24,313,439 1,056,600 1,125 1,566,279 Carine Clark 24,531,497 838,542 1,125 1,566,279 Sean Warren 25,290,378 75,195 5,591 1,566,279”
Sheri Lofgren resigned as member of the Board, the compensation committee and the audit committee and as chairperson of the audit committee at FOCUS UNIVERSAL INC..
“Also on June 2, 2023, Sheri Lofgren notified the Company of her decision to resign as a member of the Board, the compensation committee and the audit committee and as chairperson of the audit committee, effective immediately.”
Jennifer Gu resigned as member of the Board of Directors at FOCUS UNIVERSAL INC..
“on June 2, 2023, Jennifer Gu notified Focus Universal Inc. (the “Company”) of her decision to resign as a member of the Board of Directors of the Company (the “Board”), effective immediately.”
FOCUS UNIVERSAL INC. engaged Reliant CPA PC as its auditor.
“irm On January 19, 2023, the Company engaged Reliant CPA PC (the “New Auditor”) as its independent PCAOB registered public accounting firm for the Company’s fiscal year ended December 31, 2022. The recommendation to engage the New Auditor as the Company’s independent registered public accounting firm was approved by the Company’s Audit Committee and the Company’s Board of Directors due to partner and personnel movement from the Former Auditor to the New Auditor. During the two most recent fiscal years and through the Engagement Date, the Company has not consulted with the New Auditor regarding either: 1.”
FOCUS UNIVERSAL INC. dismissed BF Borgers CPA PC as its auditor.
“(the “Company”) notified BF Borgers CPA PC that the Company is dismissing it (the “Former Auditor”) as the independent registered public accounting firm of the Company due to partner and personnel movement from the Former Auditor to the”
FOCUS UNIVERSAL INC. entered into Sales Agreement with Sutter Securities, Inc. valued at up to $25,000,000 (effective 2022-12-09).
“On December 9, 2022, Focus Universal Inc. (the “Company”) entered into an At the Market Sales Agreement (the “Sales Agreement”) with Sutter Securities, Inc., as sales agent (the “Agent”), to sell shares of its common stock, $0.001 par value per share (the “Common Stock”), having an aggregate offering price of up to $25,000,000”
Duncan Lee changed role as Vice President of Accounting at FOCUS UNIVERSAL INC..
“The outgoing Chief Financial Officer, Duncan Lee, will remain with the Company and serve as Vice President of Accounting.”
Irving Kau was appointed as Chief Financial Officer at FOCUS UNIVERSAL INC..
“On November 18, 2022, the Board of Directors (the “Board”) of Focus Universal Inc. (the “Company”) appointed Irving Kau as the Chief Financial Officer of the Company.”
Greg Butterfield resigned as Director at FOCUS UNIVERSAL INC..
“On June 24, 2022, Greg Butterfield notified Focus Universal Inc. (the “Company”) of his decision to resign as a member of the Board of Directors of the Company (the “Board”) and all committees thereof, effective immediately.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.