• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    Focus Universal Inc. Announces a Special Stock Dividend of One Share for Every Two Shares of Stock

    2/7/23 3:05:00 PM ET
    $FCUV
    Industrial Machinery/Components
    Industrials
    Get the next $FCUV alert in real time by email

    ONTARIO, CA and LOS ANGELES, CA / ACCESSWIRE / February 7, 2023 / Focus Universal, Inc. (NASDAQ:FCUV) ("Focus Universal" or the "Company"), a provider of patented hardware and software design technologies for Internet of Things (IoT) and 5G is pleased to announce today that its Board of Directors (the "Board") declared a special dividend of one share dividend for every two shares of Common Stock issued and outstanding resulting in a 50 percent stock dividend of the Company's outstanding common stock (the "Dividend"). There were 43,130,915 shares of the Company's common stock outstanding as of February 7, 2023. Once the stock dividend is issued, there will be 64,696,373 shares of the Company's common stock outstanding.

    Focus Universal's Chief Executive Officer, Desheng Wang, "I am happy to announce that Focus Universal's Board has declared this special Dividend, which is intended to be a special thanks to our shareholders - including our own closely held hardworking friends and families, along with some high-quality institutions. These shareholders have stuck with us through unprecedented times and have been instrumental in helping us implement our strategic long-term plans to put us in a position to achieve success. We are publishing the following detailed information, which I hope will be helpful to shareholders."

    Timing

    On February 7, 2023, Focus Universal's Board approved the Dividend. The Company's Board set the record date for the Dividend as February 23, 2023 (the "Record Date") and the payment date as March 23, 2023 (the "Payment Date").

    Dividend

    The Dividend will be payable at a ratio of 1:2, meaning that one share of common stock will be issued for every two shares of Company common stock held by the shareholders of such shares as of the Record Date. In lieu of distributing fractional shares, the Company will round up any shares that would otherwise be fractional.

    Forward-Looking Statements

    The statements in this press release that are not historical facts may constitute forward-looking statements that are based on current expectations and are subject to risks and uncertainties that could cause actual future results to differ materially from those expressed or implied by such statements. Those risks and uncertainties include, but are not limited to, risks related to our ability to consummate the proposed offering. These and other risks and uncertainties are identified and described in more detail in the Registration Statement and Focus Universal's filings with the Securities and Exchange Commission (SEC). These filings are available on the SEC's website at www.sec.gov. Focus Universal undertakes no obligation to publicly update or revise any forward-looking statements.

    About Focus Universal

    Focus Universal Inc. (NASDAQ:FCUV) is a provider of patented hardware and software design technologies for Internet of Things (IoT) and 5G. The Company has developed five patented technology platforms with 26 patents and patents pending in various phases and 8 trademarks pending in various phases to solve the major problems facing hardware and software design and production within the industry today. These technologies combined to have the potential to reduce costs, product development timelines and energy usage while increasing range, speed, efficiency, and security. Focus currently trades on the Nasdaq Global Markets and is in the Russell 2000 Index.

    Contact Information

    Desheng Wang
    626-272-3883
    [email protected]

    For investor and media inquiries, please contact:

    Skyline Corporate Communications Group, LLC
    Lisa Gray
    One Rockefeller Plaza, 11th Floor
    New York, NY 10020
    Office: (646) 893-5835
    [email protected]

    For company inquiries, please contact:

    Investor Relations
    626-272-3883
    [email protected]

    Focus Universal Inc., Tuesday, February 7, 2023, Press release picture

    SOURCE: Focus Universal Inc.



    View source version on accesswire.com:
    https://www.accesswire.com/738447/Focus-Universal-Inc-Announces-a-Special-Stock-Dividend-of-One-Share-for-Every-Two-Shares-of-Stock

    Get the next $FCUV alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $FCUV

    DatePrice TargetRatingAnalyst
    More analyst ratings

    $FCUV
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Focus Universal Inc. to Showcase Universal Smart Device and Universal Smart IoT Platform at CES 2025

      ONTARIO, CA and LOS ANGELES, CA / ACCESSWIRE / December 9, 2024 / Focus Universal Inc. (NASDAQ:FCUV) ("Focus" or the "Company"), a provider of patented hardware and software design technologies for Internet of Things (IoT), 5G and SEC Financial Reporting AI-Driven Automation Software, today announced that it will debut its universal smart devices and universal smart IoT platform in booth 9877 in the North Hall Showcase of the Las Vegas Convention Center, January 7-10, 2025.Universal Smart Device: Revolutionizing IoTThe company's universal smart device, Ubiquitor, is a groundbreaking solution capable of connecting to any sensor or a vast number of independent sensors, theoretically without li

      12/9/24 7:00:00 AM ET
      $FCUV
      Industrial Machinery/Components
      Industrials
    • Focus Universal Inc. Announces Appointment of Professor Shivaram Rajgopal to Advisory Board

      ONTARIO, CA AND LOS ANGELES, CA / ACCESSWIRE / December 2, 2024 / Focus Universal Inc. (NASDAQ:FCUV) ("Focus" or the "Company"), a provider of patented hardware and software design technologies for Internet of Things (IoT), 5G and SEC Financial Reporting AI-Driven Automation Software, today announced that Professor Shivaram Rajgopal has been appointed as a member of the Company's Advisory Board.Professor Shivaram Rajgopal is the Roy Bernard Kester and T.W. Byrnes Professor of Accounting and Auditing at Columbia Business School and serves as the Area Chair for the Accounting Group. Previously, he was a faculty member at Duke University, Emory University, and the University of Washington. Prof

      12/2/24 9:30:00 AM ET
      $FCUV
      Industrial Machinery/Components
      Industrials
    • Focus Universal Inc. Announces Listing Transfer to Nasdaq Capital Market

      ONTARIO, CA / ACCESSWIRE / September 20, 2024 / Focus Universal Inc. (NASDAQ:FCUV) ("Focus" or the "Company"), a provider of patented hardware and software design technologies for Internet of Things (IoT) and 5G, announced today that it has received approval from Listing Qualifications Department of the Nasdaq Stock Market ("Nasdaq") to transfer the listing from the Nasdaq Global Market to the Nasdaq Capital Market. The Company's securities will be transferred to the Capital Market at the opening of business on September 23, 2024.The Nasdaq Capital Market is a continuous trading market that operates in the same manner as The Nasdaq Global Market. Therefore, the Company's shares continue to t

      9/20/24 8:30:00 AM ET
      $FCUV
      Industrial Machinery/Components
      Industrials

    $FCUV
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Lee Edward Shihai was granted 1,000,000 shares (SEC Form 5)

      5 - FOCUS UNIVERSAL INC. (0001590418) (Issuer)

      2/19/25 6:05:19 PM ET
      $FCUV
      Industrial Machinery/Components
      Industrials
    • Wang Desheng was granted 1,000,000 shares, increasing direct ownership by 79% to 2,262,801 units (SEC Form 5)

      5 - FOCUS UNIVERSAL INC. (0001590418) (Issuer)

      2/14/25 5:28:46 PM ET
      $FCUV
      Industrial Machinery/Components
      Industrials
    • Amendment: Director Lee Edward Shihai bought $300,000 worth of shares (1,000,000 units at $0.30), increasing direct ownership by 12% to 9,185,000 units (SEC Form 4)

      4/A - FOCUS UNIVERSAL INC. (0001590418) (Issuer)

      9/19/24 6:02:30 PM ET
      $FCUV
      Industrial Machinery/Components
      Industrials

    $FCUV
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Amendment: Director Lee Edward Shihai bought $300,000 worth of shares (1,000,000 units at $0.30), increasing direct ownership by 12% to 9,185,000 units (SEC Form 4)

      4/A - FOCUS UNIVERSAL INC. (0001590418) (Issuer)

      9/19/24 6:02:30 PM ET
      $FCUV
      Industrial Machinery/Components
      Industrials
    • CEO and Director Wang Desheng bought $300,000 worth of shares (1,000,000 units at $0.30), increasing direct ownership by 5% to 22,729,550 units (SEC Form 4)

      4 - FOCUS UNIVERSAL INC. (0001590418) (Issuer)

      9/18/24 7:27:23 PM ET
      $FCUV
      Industrial Machinery/Components
      Industrials
    • President and Director Lee Edward Shihai bought $300,000 worth of shares (1,000,000 units at $0.30), increasing direct ownership by 12% to 9,185,000 units (SEC Form 4)

      4 - FOCUS UNIVERSAL INC. (0001590418) (Issuer)

      9/18/24 7:25:47 PM ET
      $FCUV
      Industrial Machinery/Components
      Industrials

    $FCUV
    SEC Filings

    See more
    • Focus Universal Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders

      8-K - FOCUS UNIVERSAL INC. (0001590418) (Filer)

      6/26/25 3:33:38 PM ET
      $FCUV
      Industrial Machinery/Components
      Industrials
    • SEC Form 10-Q filed by Focus Universal Inc.

      10-Q - FOCUS UNIVERSAL INC. (0001590418) (Filer)

      5/7/25 12:49:22 PM ET
      $FCUV
      Industrial Machinery/Components
      Industrials
    • SEC Form DEF 14A filed by Focus Universal Inc.

      DEF 14A - FOCUS UNIVERSAL INC. (0001590418) (Filer)

      4/30/25 2:45:58 PM ET
      $FCUV
      Industrial Machinery/Components
      Industrials

    $FCUV
    Financials

    Live finance-specific insights

    See more
    • Focus Universal Inc. Announces a Special Stock Dividend of One Share for Every Two Shares of Stock

      ONTARIO, CA and LOS ANGELES, CA / ACCESSWIRE / February 7, 2023 / Focus Universal, Inc. (NASDAQ:FCUV) ("Focus Universal" or the "Company"), a provider of patented hardware and software design technologies for Internet of Things (IoT) and 5G is pleased to announce today that its Board of Directors (the "Board") declared a special dividend of one share dividend for every two shares of Common Stock issued and outstanding resulting in a 50 percent stock dividend of the Company's outstanding common stock (the "Dividend"). There were 43,130,915 shares of the Company's common stock outstanding as of February 7, 2023. Once the stock dividend is issued, there will be 64,696,373 shares of the Company'

      2/7/23 3:05:00 PM ET
      $FCUV
      Industrial Machinery/Components
      Industrials