Focus Universal (NASDAQ: FCUV) shares commenced trading on the NASDAQ Capital Market on Tuesday; the shares traded under the ticker symbol FCUV (“FCUV”). The company is a Universal Smart Instrumentation Platform (“USIP”) developer and Universal Smart Device (“USD”) manufacturer. Earlier this week, Focus Universal announced that it had priced its firm commitment underwritten public offering of 2 million common shares. The shares were offered at a public offering price of $5 each; the offering is scheduled to close on or about Sept. 2, 2021. According to the announcement, gross proceeds from the offering to FCUV totaled $10 million before underwriting discounts, commissions and other expenses.
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About Focus Universal Inc.
Focus Universal 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 today. Those technologies are: Universal Smart Instrumentation Platform; Natural Integrated Programmable Language; Ultra Narrowband Power Line Communications; and Ultra Narrowband Wireless Communication. For more information about the company, please visit www.FocusUniversal.com.
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