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Focus Universal Inc. Announces Commencement of Trading on The NASDAQ Capital Market Today as "FCUV"
ONTARIO, CA / ACCESSWIRE / August 31, 2021 / Focus Universal Inc. (NASDAQ:FCUV) ("Focus Universal" or the "Company"), a Universal Smart Instrumentation
About this update from Focus Universal Inc.
[{"type":"text","content":"ONTARIO, CA / ACCESSWIRE / August 31, 2021 / Focus Universal Inc. (NASDAQ:FCUV) (\"Focus Universal\" or the \"Company\"), a Universal Smart Instrumentation Platform (\"USIP\") developer and Universal Smart Device (\"USD\") manufacturer, announces that its shares are expected to commence trading today on the NASDAQ Capital Market under the ticker symbol \"FCUV\".On August 30, 2021, the Company priced its firm commitment underwritten public offering (the \"Offering\") of 2,000,000 common shares at a public offering price of $5.00 per share. The gross proceeds to the Company from the Offering were $10,000,000, before deducting underwriting discounts, commissions and other expenses.The Offering is expected to close on or about September 2, 2021, subject to customary closing conditions.The securities described above are being sold by Focus Universal pursuant to a registration statement, as amended, filed by the Company with the Securities and Exchange Commission (the \"SEC\"), which was declared effective on August 30, 2021. The Offering has been made only by means of a prospectus. A copy of the final prospectus related to the Offering may be obtained, when available, from Boustead Securities, LLC, via email: [email protected] or by calling +1 (949) 502-4408 or standard mail at Boustead Securities, LLC, Attn: Equity Capital Markets, 6 Venture, Suite 395, Irvine, CA 92618, USA. In addition, a copy of the final prospectus relating to the Offering may be obtained via the SEC's website at www.sec.gov.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 four disruptive patented technologies to solve the major problems facing hardware design, hardware production, software design and network communication facing both industries today: (1) Universal Smart Instrumentation Platform; (2) Natural Integrated Programmable Language; (3) Ultra Narrowband Power Line Communications; (4) Ultra Narrowband Wireless Communication;Forward Looking Statements:Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute \"forward-looking statements\" within the meaning of The Private Securities Litigatio...