Focus Universal Inc. (Nasdaq: FCUV), a provider of patented hardware and software design technologies for the Internet of Things (IoT) and 5G, announced on February 5, 2026 that its Board of Directors has approved a 1-for-10 reverse stock split of the Company's common stock. The reverse stock split, approved by unanimous written consent on January 27, 2026, is set to become effective at 12:01 a.m. Eastern Standard Time on February 9, 2026, and will be reflected on the Nasdaq Capital Market at the open of business on that date.
The reverse split will consolidate every 10 shares of the Company's issued and outstanding common stock into one share, with the par value per share remaining unchanged. As of January 27, 2026, there were 9,865,249 shares outstanding; post-split, approximately 986,524 shares will be outstanding, subject to adjustment for fractional shares. No fractional shares will be issued; instead, stockholders will receive a cash payment in lieu of any fractional share. Proportional adjustments will also be made to the number of shares issuable upon exercise of equity awards, securities, and warrants, as well as the applicable exercise prices and the number of shares authorized and reserved under equity incentive plans.
This corporate action is typically undertaken by companies with low share prices to meet the minimum bid price requirement for continued listing on the Nasdaq. For Focus Universal, the reverse split aims to elevate the stock price above the $1.00 threshold, thereby maintaining its listing and potentially improving its appeal to institutional investors who often avoid stocks trading below that level. The Company's common stock will continue trading under the symbol “FCUV” but will have a new CUSIP number, 34417J 500.
Focus Universal's transfer agent, VStock Transfer, LLC, will serve as exchange agent and paying agent for the reverse split. Registered stockholders holding shares electronically in book-entry form do not need to take any action; their holdings will be automatically adjusted. Similarly, stockholders holding shares in brokerage accounts or in “street name” will have their positions adjusted by their brokers without requiring any action on their part.
Additional details about the reverse stock split are available in the Company's 8-K filed with the Securities and Exchange Commission on February 5, 2026, a copy of which can be found at www.sec.gov.
Focus Universal Inc. is a provider of patented hardware and software design technologies for IoT and 5G. The Company has developed five patented technology platforms with 26 patents and patents pending, as well as 8 trademarks pending, aimed at reducing costs, product development timelines, and energy usage while increasing range, speed, efficiency, and security.
