Focus Universal Reports Nasdaq Compliance Following Stock Conversions and Warrant Exercise

Focus Universal Inc. filed an 8-K reporting that it believes it is now in compliance with Nasdaq Capital Market listing standards. The company states it has achieved stockholders' equity of at least $2.5 million as required under Nasdaq Listing Rule 5550(b)(1). This compliance follows two key transactions: the conversion of 5,216 shares of Series B Convertible Preferred Stock into 665,328 shares of common stock, and the complete exercise of Pre-Funded Warrants issued as part of a $4 million private placement with Armistice Capital Master Fund Ltd. The remaining Series B Preferred Stock was redeemed from Great Point Capital LLC for $961,860. As of the filing date, the company reports no outstanding Series B Convertible Preferred Stock and believes it meets Nasdaq's continued listing requirements.