Focus Universal Announces 1-for-10 Reverse Stock Split to Take Effect February 9

Focus Universal Inc., a provider of patented hardware and software design technologies for Internet of Things and 5G, announced its Board of Directors has approved a 1-for-10 reverse stock split of the company’s common stock. The board approved the proposal by unanimous written consent on January 27, 2026.

The reverse split will become effective at 12:01 a.m. Eastern Standard Time on February 9, 2026, with trading on a split-adjusted basis beginning at the market open that day. The company’s common stock will continue trading on Nasdaq under the symbol ‘FCUV’ but will have a new CUSIP Number, 34417J 500.

As of the effective date, every 10 shares of issued and outstanding common stock will be combined into one share. The par value per share will remain unchanged. Based on the 9,865,249 shares outstanding as of January 27, 2026, there will be approximately 986,524 common stock shares outstanding following the reverse split. This adjustment excludes fractional shares, with stockholders receiving cash payments instead of fractional shares.

The reverse split will trigger proportional adjustments to the number of shares issuable upon exercise of the company’s equity awards, securities and warrants, as well as the applicable exercise prices. The number of shares authorized and reserved for issuance under the company’s equity incentive plans will also be adjusted accordingly.

VStock Transfer, LLC will serve as the exchange agent and paying agent for the reverse split. Registered stockholders holding shares electronically in book-entry form need not take any action to receive post-reverse split shares. Stockholders with shares in brokerage accounts or ‘street name’ will have their positions automatically adjusted, subject to individual broker processes.

Additional information about the reverse stock split is available in the company’s 8-K filing with the Securities and Exchange Commission on February 5, 2026, accessible at https://www.sec.gov. Reverse stock splits are typically implemented to increase per-share trading prices, which can help companies meet minimum price requirements for exchange listings and potentially attract institutional investors who may have policies against investing in lower-priced stocks.

Focus Universal has developed five patented technology platforms with 26 patents and patents pending across various phases, along with eight pending trademarks. The company’s technologies aim to address major challenges in hardware and software design and production, with potential benefits including reduced costs, shorter product development timelines, lower energy usage, and improved range, speed, efficiency, and security.

This news story relied on content distributed by NewMediaWire. Blockchain Registration, Verification & Enhancement provided by NewsRamp. The source URL for this press release is Focus Universal Announces 1-for-10 Reverse Stock Split to Take Effect February 9.

The post Focus Universal Announces 1-for-10 Reverse Stock Split to Take Effect February 9 appeared first on citybuzz.