StockWatch
·
Industrial Machinery/Components
SplitJun 18, 2026, 12:06 PM

Focus Universal Inc. Announces 4-to-1 Reverse Stock Split

AI Summary

Focus Universal Inc. announced a 4-to-1 reverse stock split, effective June 23, 2026, to comply with Nasdaq's minimum bid price rule. The split aims to ensure continued listing on the Nasdaq Capital Market. Fractional shares will be settled in cash, and all outstanding equity awards will be adjusted. The company's authorized share structure remains unchanged.

Key Highlights

  • Focus Universal Inc. approved a 4-to-1 reverse stock split to meet Nasdaq's $1.00 minimum bid price requirement.
  • The reverse split will be effective June 23, 2026, with shares trading on a split-adjusted basis.
  • No fractional shares will be issued; cash will be paid in lieu of fractional shares.
  • All outstanding options, convertible securities, and warrants will be adjusted accordingly.
  • The company's authorized share capital remains unchanged at 1 billion common and 100 million preferred shares.
  • As of May 13, 2026, there were 2,811,244 shares outstanding; post-split, approximately 702,811 shares will be outstanding.