Focus Universal Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders
UNITED STATES
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CURRENT REPORT
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| Item 5.07 | Submission of Matters to a Vote of Security Holders. |
On November 29, 2024, Focus Universal Inc. (the “Company”) held its 2024 annual meeting of shareholders (the “Annual Meeting”). The Company engaged Broadridge Financial Services, Inc. to tabulate the proxies and the votes cast for the Annual Meeting. Of the 68,667,760 shares of the Company’s common stock outstanding as of October 2, 2024, the record date for the Annual Meeting, 52,062,172 shares of the Company’s common stock were represented at the Annual Meeting in person or by proxy, representing a quorum. The following matters were voted upon at the Annual Meeting and the vote with respect to each such matter are set forth below:
1.Proposal One – Election of Directors. The election of the following named persons to serve as members of the Board of Directors of the Company until the annual meeting of shareholders to be held in 2025 (or action by written consent of shareholders in lieu thereof), or until their successors have been duly elected and qualified. The votes cast were as follows:
| Nominee | Votes For | Votes Against | Votes Withheld | Broker Non-Votes |
| Dr. Desheng Wang | 45,936,136 | 28,653 | 31,208 | 6,066,175 |
| Dr. Edward Lee | 45,787,999 | 176,389 | 31,609 | 6,066,175 |
| Michael Pope | 43,848,259 | 2,116,518 | 31,220 | 6,066,175 |
| Carine Clark | 44,279,917 | 1,684,421 | 31,659 | 6,066,175 |
| Sean Warren | 36,485,788 | 9,479,000 | 31,209 | 6,066,175 |
2.Proposal Two – Ratification of Selection of Independent Registered Public Accounting Firm. The ratification of the appointment of Weinberg & Company, P.A. as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 and December 31, 2024. The votes cast were as follows:
| Votes For | Votes Against | Abstentions | Broker Non-Votes |
| 51,456,041 | 605,827 | 304 | 0 |
3.Proposal Three – Approval of Amendment to the Company’s Articles of Incorporation. The approval of an amendment to the Company’s Articles of Incorporation to increase the number of authorized shares of the Company’s common stock, $0.001 par value per share, from 75,000,000 to 150,000,000. The votes cast were as follows:
| Votes For | Votes Against | Abstentions | Broker Non-Votes |
| 51,400,137 | 661,238 | 797 | 0 |
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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.
| Date: December 4, 2024 |
| FOCUS UNIVERSAL INC. | ||
| By: | /s/ Desheng Wang | |
| Name: | Desheng Wang | |
| Title: | Chief Executive Officer | |
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