Focus Universal Inc. filed SEC Form 8-K: Other Events
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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CURRENT REPORT
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| Item 8.01 | Other Events |
As previously disclosed on September 20, 2024, Focus Universal Inc., (the “Company”) received a written notice from the Listing Qualifications Department (the “Staff”) of the Nasdaq Stock Market LLC (“Nasdaq”), notifying the Company that it approved the Company’s request to transfer the listing of the Company’s securities from the Nasdaq Global Market to the Nasdaq Capital Market effective as of September 23, 2024.
On September 25, 2024, Nasdaq’s Staff has now determined that for the last ten (10) consecutive business days, the Company’s minimum market value of publicly held shares (“MVPHS”) has been $1,000,000 or greater as required by Listing Rule 5550(a)(5) (the “MVPHS Rule”).
Accordingly, the Company has regained compliance with the MVPHS Rule, and the Staff has indicated that this matter is now closed.
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SIGNATURE
Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| FOCUS UNIVERSAL, INC. | ||
| Date: September 25, 2024 | By: | /s/ Desheng Wang |
| Name: | Desheng Wang | |
| Title: | Chief Executive Officer | |
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