Focus Universal Inc. 8-K Filing: Reverse Stock Split
Focus Universal Inc. has announced a 4-to-1 reverse stock split, effective June 23, 2026. This action is being taken to meet the Nasdaq Capital Market's minimum bid price requirement of $1.00 for continued listing. The reverse split will adjust the number of outstanding common shares from approximately 2,811,244 to 702,811. Fractional shares will be settled in cash, calculated based on the stock's closing price at the effective time. All outstanding options, warrants, and convertible securities will also be adjusted accordingly, with exercise prices being multiplied by four and the number of shares divided by four. The company's common stock will continue to trade under the symbol "FCUV" on the Nasdaq Capital Market, but with a new CUSIP number (34417J609). This move is intended to ensure compliance with listing standards and maintain the stock's quotation on the exchange.