Highest-materiality recent filing
Focus Universal regains Nasdaq equity compliance after Series B conversion and $4M warrant offering
Company now believes it meets Nasdaq's $2.5M stockholders' equity minimum under Listing Rule 5550(b)(1).
Focus Universal acquires Class A office building in Monterey Park for $17.7M
Acquired 901 Corporate Center Drive, Monterey Park, CA for $17.7M (excl. closing costs) via subsidiary Lusher Holding LLC.
Focus Universal closes $4.0M private placement of Common Units and warrants
Gross proceeds of $4.0M from sale of 1,117,318 units at $3.58/unit.
Reverse split approved by board on Jan 27, 2026; ratio 1-for-10, effective 12:01 a.m. ET Feb 9.
Focus Universal gets conditional Nasdaq compliance; delisting risk if next report fails
Received conditional compliance letter from Nasdaq on Dec 22, 2025 for continued listing rule 5550(b)(1).
Focus Universal regains Nasdaq compliance via $3M Series A conversion
Raised $3M from sale of 750K Series A Preferred at $4/share, led by Chairman Edward Lee.
Focus Universal closes $10M preferred equity offering; chairman invests $2M
Closed October 23, 2025: $10M gross proceeds from Series A ($3M) and Series B ($7M) preferred stock; net ~$9.44M.
Focus Universal enters ATM sales agreement to sell up to $3.55M of common stock
Entered into at-market issuance sales agreement with Ladenburg Thalmann & Co. Inc. for up to $3,547,506 of common stock.
Focus Universal receives Nasdaq delisting notice for MVLS below $35M
Received Nasdaq notice on June 30, 2025 for violating Listing Rule 5550(b)(2) (MVLS below $35 million).
Focus Universal Regains Compliance with Nasdaq Minimum Bid Price Requirement
Received formal confirmation from Nasdaq on February 20, 2025 that it regained compliance with Listing Rule 5550(a)(2).
Focus Universal to effect 1-for-10 reverse stock split on Jan 31, 2025
Reverse split at 10:1 ratio, effective Jan 31, 2025; outstanding shares drop from ~74M to ~7.4M.
Focus Universal enters up to $20M common stock purchase agreement with Alumni Capital LP
Commitment of up to $20M over 3 years at 91% of 5-day VWAP.
Focus Universal transfers to Nasdaq Capital Market; granted 180-day bid price compliance extension
Listing transfers from Nasdaq Global Market to Capital Market effective Sept 23, 2024; ticker FCUV unchanged.
Focus Universal raises $1.29M in private placement of 4.3M shares at $0.30 each
Closed private placement of 4,300,000 shares at $0.30 per share for aggregate proceeds of $1,290,000.
Focus Universal prices $1.2M registered direct offering of 3.75M shares at $0.32/share
Gross proceeds of ~$1.2M from sale of 3,750,000 shares of common stock at $0.32 per share.
Focus Universal sells Ontario warehouse for $7.46M, leases back for one year at $16,804/mo
Sold warehouse at 2311 E Locust St, Ontario, CA for $7,460,250; $2,611,087.50 cash paid, $4,849,162.50 pending financing approval.
Focus Universal board approves spin-off of subsidiary Lusher Inc.
Board approved spin-off of wholly owned subsidiary Lusher Inc.; shares to be distributed as dividend.
Focus Universal receives Nasdaq delisting notice for MVPHS below $15M
Received Nasdaq letter on May 9, 2024: MVPHS below $15M for 32 consecutive trading days.
Focus Universal receives Nasdaq deficiency notices for bid price and market value
Bid price below $1.00 for 30 consecutive business days as of March 20, 2024.
Focus Universal sells Ontario warehouse for $7.1M in sale-leaseback; leases back for 2 years
Purchase price $7,100,000; $3,550,000 cash upfront, $3,550,000 financed by buyer to close within 35-day contingency.
Focus Universal announces $7M share repurchase program; CEO cites attractive valuation
Board authorized repurchase of up to $7M of common stock through open market or private transactions.
Focus Universal declares 50% stock dividend (1 for 2) payable March 23
Record date for the stock dividend is February 23, 2023; payment date is March 23, 2023.
Focus Universal enters into $25M at-the-market equity offering agreement with Sutter Securities
Entered into Sales Agreement with Sutter Securities to sell up to $25M of common stock in ATM offering.
Focus Universal buys back 400k shares from Steven Lu at $5.00, 47% discount to $9.50 close
400,000 shares repurchased from Steven Lu at $5.00/share for total $2,000,000.
Focus Universal completes $11.5M IPO and uplists to Nasdaq Capital Market
Sold 2.3M shares at $5.00, including 300K over-allotment, for gross proceeds of $11.5M.
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.
On April 5, 2024, Focus Universal Inc. (the “Company”) hired Warren Wang as its Vice President and Chief Strategy Officer.
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.
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.
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.
The outgoing Chief Financial Officer, Duncan Lee, will remain with the Company and serve as Vice President of Accounting.
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.
Max materiality 0.75 · Median 0.60 · Most common event other_material